For Sale
$1,800,000

2665 Navarre AveOregon, OH 43616

Ohio Shopping Center: Vacant, High-Traffic Location

Overview

Added:
Dec 11, 2024
Days on market:
114
Exceptional development opportunity in Oregon, Ohio. This 19,887 square foot vacant shopping center, built in 1957, sits on a 2.3-acre lot and is listed at $1,800,000 ($90.51/sq ft). The property boasts 161 feet of frontage on Navarre Avenue, a major thoroughfare with 27,273 vehicles daily, offering excellent visibility and access. Additional access is provided via a roadway off S. Wheeling Street, which sees 11,578 vehicles daily and serves nearby businesses including Cedar Run Apartments, Chase Bank, Tim Horton's, and Arby's. The strategic location is directly across from St. Charles Hospital and near the I-280 interchange, ensuring high traffic volume and strong potential for tenant attraction. The existing multi-tenant retail building presents an opportunity for redevelopment or re-tenanting. The surrounding area demonstrates strong demographics, with 50,620 people and a $42,651 median household income within a 3-mile radius. This property offers significant potential for investors seeking a high-traffic retail location with redevelopment possibilities. The property includes land along Navarre Avenue and a potential median break to capture eastbound traffic.

Highlights

  • 19,887 SF vacant shopping center on a 2.3-acre lot in Oregon, Ohio, listed at $1,800,000 ($90.51/SF).
  • High-traffic location with 161' of frontage on Navarre Ave (27,273 VPD) and additional access from S. Wheeling St (11,578 VPD), near St. Charles Hospital and I-280.
  • Strong demographics: 50,620 people within a 3-mile radius with a $42,651 median household income.
  • Redevelopment or re-tenanting opportunity in a high-visibility location with excellent access.

Property Details for 2665 Navarre Ave

Property type
Lifestyle centers, Power centers
Square Feet
19,887 SF
Year Built
1957
Lot Size (sq. ft)
100,188 SF

Location Insight

City
Oregon
County
Lucas
State
Ohio
Latitude
41.6375317
Longitude
-83.4844413
2665 Navarre Ave, Oregon, Ohio

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2665 Navarre Ave
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