4208 Liberty Ave Vermilion, OH 44089-2114
This exceptional commercial property, located at 4208 Liberty Avenue in Vermilion, Ohio, offers a unique investment opportunity. The single-story building boasts a total of 28,720 square feet, encompassing both medical and traditional office spaces within a multi-tenant setting. Situated on a 2.64-acre lot, this property benefits from high visibility along State Route 6, experiencing significant traffic volume with 16,750 vehicles passing daily. Currently, a 1,000 square foot endcap space is available for lease within a thriving shopping center anchored by a Discount Drug Mart. The property's strategic location places it in close proximity to the Vermilion Historic District and a core retail area featuring national retailers, ensuring strong foot traffic and brand recognition. Its convenient location offers easy access to Downtown Cleveland, approximately 40 minutes away. Vermilion itself provides a vibrant community atmosphere, enriched by seasonal recreational activities including boating, museums, and entertainment, and is famously home to the Wooley Bear Festival. This property presents a compelling opportunity for businesses seeking a prominent presence in a bustling and attractive Ohio community. The property is located in Lorain County, within the Vermillion, Elyria, Norwalk submarket cluster. The property's zip code is 44089.
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Discount Drug Mart Pharmacy
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Western Union Bank Credit Union
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.