V/L Girdled & Painesville Ravenna Rd, Painesville, OH 44077

Property Details for 0 V/L Girdled & Painesville Ravenna Rd

Lot size

2.21 lot acres

Property type

Land

Description

This exceptional 2.21-acre commercial lot in Painesville, Ohio, presents a remarkable investment opportunity. Located at the highly visible intersection of Painesville Ravenna Road and Girdled Road, this property boasts 610 feet of frontage on Painesville Ravenna Road and 135 feet on Girdled Road. The four-way stop and signalized intersection ensures high visibility and accessibility, supported by the presence of established businesses such as Marathon Gas, Bremec Garden Center, and Big Creek Veterinary Clinic nearby. The property is zoned B-1 "Restricted Retail" within Concord Township, allowing for a diverse range of permitted uses including medical clinics, professional offices, restaurants, retail and business services, financial institutions, and more. Conditional uses include car washes, outdoor storage, breweries, and various other businesses. This level lot, while wooded, is clean and ready for development. The location offers significant advantages, situated 1.25 miles east of State Route 44 and 3 miles south of I-90, providing easy access to major transportation routes. The surrounding area is experiencing substantial residential growth, creating a high demand for local amenities and services. Concord Township actively promotes economic growth, offering support through initiatives such as financing assistance and workforce development programs. The high household income (HHI) area further enhances the investment potential of this property, making it an ideal location for businesses seeking to thrive in a rapidly developing community. The property's APN is 08-A-001-B-00-005-0. The asking price is $289,900.

Location Insight

City

Painesville

County

Lake

State

Ohio

Longitude

-81.2191

Latitude

41.6541