For Sale
$1,650,000

305 Main StOttawa, OH 45875

Vacant Rite Aid, 11,300 SF, High Traffic

Overview

Added:
Dec 11, 2024
Days on market:
115
This freestanding, 11,300 square foot former Rite Aid pharmacy in Ottawa, Ohio, is available for sale, lease, or ground lease. Situated on a 0.99-acre lot at 305 W Main St, 45875, this property boasts over 255 linear feet of frontage on W. Main Street and 165 linear feet on N. Elm Street, benefiting from over 16,200 vehicles passing daily. Its central location offers premier visibility and accessibility within the corridor, surrounded by residential areas. The building underwent a recent "Wellness Remodel" by Rite Aid, resulting in a significantly updated interior. Furthermore, the roof was recently improved in 2022 as part of a sale-leaseback transaction. The property includes a double-lane drive-thru, adding to its convenience and appeal. This presents a unique opportunity for a variety of retail uses. The net rentable square footage is 11,325 square feet. The asking price is $1,650,000.

Highlights

  • ±11,300 SF freestanding former Rite Aid pharmacy available for ground lease, lease, or sale on ±0.99 acres.
  • High traffic location with over 16,200 vehicles per day (VPD) and over 420 linear feet of frontage on W. Main and N. Elm Streets.
  • Prime downtown location with excellent visibility and accessibility.
  • Recently renovated interior featuring a completed "Wellness Remodel" by Rite Aid.
  • New roof installed in 2022 as part of a sale-leaseback transaction.
  • Features an existing double-lane drive-thru.

Property Details for 305 Main St

Property type
Retail properties, Grocery and convenience stores
Square Feet
11,300 SF
Buildings
1
Lot Size (sq. ft)
43,124 SF

Location Insight

City
Ottawa
County
Putnam
State
Ohio
Latitude
41.0187653
Longitude
-84.0508798
305 Main St, Ottawa, Ohio

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305 Main St
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