For Sale
$2,250,000

304 State St Alliance, OH 44601

Former Rite Aid, 11,052 SF, Vacant

Overview

Added:
Dec 11, 2024
Days on market:
138
This exceptional retail property, a former Rite Aid, presents a unique investment opportunity in Alliance, Ohio. Located at 304 E State St, this 11,052 square foot building sits on a 1.08-acre lot (APN 113854) and boasts a convenient storefront design. Built in 1997, the single-story structure is zoned B3 and offers ample space for a variety of retail uses. The property's strategic corner location at East State Street and South Arch Street benefits from high visibility and significant traffic, with an impressive 21,947 AADT (Average Annual Daily Traffic). The asking price is $2,250,000, translating to $203.58 per square foot. The building is currently vacant, providing immediate occupancy for a new tenant or owner-operator. Its previous use as a Rite Aid, a well-known pharmacy and convenience store, suggests a strong potential for similar businesses or adaptable retail concepts. The property's size and location make it an ideal candidate for redevelopment or continued use as a retail space. This is a rare opportunity to acquire a substantial retail property in a desirable location with high traffic volume. All interested parties should conduct their own due diligence.

Highlights

  • Former Rite Aid, 11,052 SF building on 1.08-acre lot in Alliance, OH.
  • Located at 304 E State St, a high-traffic corner lot (21,947 AADT).
  • Zoned B3, offering ample space for various retail uses.
  • Asking price: $2,250,000 ($203.58/SF).
  • Currently vacant, offering immediate occupancy.

Property Details for 304 State St

Property type
Retail properties, Retail space
Square Feet
11,052 SF
Year Built
1997
Buildings
1
Stories
1
Lot Size (sq. ft)
47,045 SF

Location Insight

City
Alliance
County
Stark
State
Ohio
Latitude
40.902022663857
Longitude
-81.101086431354

FAQs

What type of property is this?
Retail property - Former Rite Aid, 11,052 SF, Vacant
Where is the retail property located?
The property is located at 304 State St Alliance, OH.
What is the asking price?
The asking price for this property is $2,250,000.
What are key features of this property?
This property features: Former Rite Aid, 11,052 SF building on 1.08-acre lot in Alliance, OH.; Located at 304 E State St, a high-traffic corner lot (21,947 AADT).; Zoned B3, offering ample space for various retail uses.
How can I contact the broker?
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304 State St
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