Sheffield Lake, OH Retail properties & Spaces for sale

Updated: Oct 7

6-Unit Retail Strip Center

5380 E Lake Rd, Sheffield Lake, OH 44054

$499,000

6,812 sqft 0.50 AC lot

6,812 SF of retail space across six units
Approximately 0.50 acres
Five units occupied; one unit available
Modified gross leases
Estimated 8.4% capitalization rate based on the current rent roll and 2025 operating expenses

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1 active listing matches your search: Retail for sale in Sheffield Lake, OH. Based on your search, we've also compiled 50 Potential Opportunities for your consideration: 4 properties in nearby cities, 42 off-market properties to explore as potential leads, and 4 land listings with development potential.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Six-Unit Neighborhood Strip Mall

5380 E Lake Road, Sheffield, OH 44054

$499,000

Multi-tenant 6,812 sqft Built 1956 0.5 acres

8.4% cap rate / $66,480 gross income

Five retail spaces are occupied, with one space available for lease.

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Freestanding Walgreens Pharmacy with Drive-Thru

32798 Walker Road, Avon Lake, OH 44012

Contact for pricing

Single tenant 14,990 sqft

Absolute NNN Walgreens property with drive-thru and long-term corporate-backed lease through March 31, 2067.

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6-Unit Retail Strip Center

5380 E Lake Road, Sheffield, OH 44054

$499,000

Multi-tenant 6,812 sqft Built 1956 0.5 acres

8.4% cap rate / $66,480 gross income

Five spaces are occupied, and the remaining unit is available under modified gross lease terms.

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Retail Space with Office Use

33680 Walker Rd, Avon Lake, OH 44012

Contact for pricing

4,000 sqft

Commercial property combining retail and office functionality in Avon Lake.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Commercial Land in Retail Area

2295 Nagel Rd, Avon, OH 44011

Contact for pricing

12 acres

12 acres of commercial land with high visibility.

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Infrastructure-Ready Commercial Land

1122 F Street, Lorain, OH 44052

$149,900

1.26 acres

Level commercial site with public water, sewer, utilities, curbs, sidewalks, and street lighting already in place.

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23 Acres of Zoned Land

V/L Clinton Avenue, Lorain, OH 44055

$325,000

23.18 acres

Over 23 acres of land zoned B-2 in Lorain, OH.

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High-Traffic Corner Commercial Lot

27693 Butternut Ridge Rd, North Olmsted, OH 44070

$69,900

0.21 acres

0.21-acre commercial lot at a signalized 5-way intersection.

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Off-Market Properties in Sheffield Lake, OH

Consider similar Off-Market properties in Sheffield Lake, OH. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.