Property summary
This exceptional 11,052-square-foot retail property, formerly a Rite Aid, presents a unique investment opportunity in Alliance, Ohio. Situated on a 1.08-acre lot at the highly visible corner of East State Street and South Arch Street, this single-tenant building boasts a convenient drive-thru. Built in 1997, the one-story structure offers ample space for a variety of retail uses. The property is zoned B3 and features a convenient single-tenant occupancy. The building's total square footage is 11,052 square feet, all of which is currently vacant, providing immediate occupancy for a new tenant. The high traffic count of 21,947 AADT on East State Street ensures significant visibility and potential customer reach. The property's location in Stark County, Ohio, offers easy access to local amenities and a strong customer base. The parcel number (APN) is 113854. This is a rare opportunity to acquire a well-located, sizable retail space with a proven track record in a thriving community. The property's existing infrastructure, including the drive-thru, presents significant advantages for a variety of retail businesses. This turnkey property is ready for immediate occupancy and offers significant potential for return on investment.
Property profile
VerifiedCap rate & NOI
Current use
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Pharmacy
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Physician
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Pharmacy
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Bank Credit Union
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Atm
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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