For Sale
$1,400,000

142 Broad StElyria, OH 44035

Former Rite Aid, prime downtown location. High traffic.

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional 11,080-square-foot retail property, formerly a Rite Aid pharmacy, presents a unique investment opportunity in the heart of downtown Elyria, Ohio. Situated on a 0.92-acre lot, this single-story building boasts a prominent location with over 225 linear feet of frontage along Cedar Street and over 155 linear feet along Broad Street. The property benefits from high visibility and accessibility, situated in the center of town surrounded by residential areas and experiencing over 15,000 vehicles per day passing by. The building features a double lane drive-thru, adding significant convenience and appeal for potential tenants. The property is zoned B-D Business District (Automotive Overlay) and includes ample parking with 50 spaces. This versatile space is available for sale, lease, or ground lease, offering flexibility for various business ventures. Its central location in Elyria, the county seat of Lorain County, ensures high foot traffic and strong potential for success. The property's existing infrastructure and prominent location make it an ideal opportunity for a variety of retail uses.

Highlights

  • ±11,080 SF freestanding former Rite Aid pharmacy available for ground lease, lease, or sale on ±0.92 acres.
  • High traffic location with over 15,000 vehicles per day (VPD) and over 225 linear feet of frontage on Cedar St. and over 155 linear feet on Broad St.
  • Prime downtown Elyria location offering exceptional visibility and accessibility.
  • Located in the heart of downtown Elyria, the county seat of Lorain County, Ohio.
  • Features an existing double-lane drive-thru.

Property Details for 142 Broad St

Property type
Retail properties, Retail space
Square Feet
11,080 SF
Buildings
1
Stories
1
Lot Size (sq. ft)
40,075 SF

Location Insight

City
Elyria
County
Lorain
State
Ohio
Latitude
41.367116816892
Longitude
-82.101604245998
142 Broad St, Elyria, Ohio

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142 Broad St
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