4486 Liberty Ave Vermilion, OH 44089-1908
Portland Plaza offers exceptional retail opportunities in a vibrant Lorain County neighborhood. This attractive strip center boasts two available spaces, one measuring approximately 945 square feet and another approximately 1,236 square feet, both immediately available. The property enjoys a highly visible corner lot location at the intersection of Liberty Avenue (Route 6), a major thoroughfare connecting Lorain and Vermilion, and Portland Drive. This strategic positioning ensures significant traffic exposure and easy accessibility for customers. The center features ample surface parking for convenient customer access. The larger space, approximately 1,236 square feet, is ready for immediate occupancy. The smaller space, approximately 945 square feet, was previously occupied by a vape shop. The property benefits from two convenient points of ingress and egress, enhancing traffic flow and accessibility. Furthermore, Portland Plaza's location directly across from the Lakeshore Shopping Center, anchored by a Giant Eagle supermarket, provides significant synergistic benefits and exposure to a substantial customer base. This is a rare opportunity to secure prime retail space in a thriving community with excellent visibility and convenient access. The property is classified as a multi-tenant retail strip center in Lorain County.
-
Verizon Mobile Phone Store Electronics & Wireless Store
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
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.