For Sale
$4,250,000

8239 Waterville Swanton RdWaterville, OH 43566

14,673 SF Retail Building, Waterville, OH

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional 14,673-square-foot retail property, built in 2014, presents a compelling investment opportunity in Waterville, Ohio. Located at 8239 Waterville Swanton Rd, this single-story building sits on a 3.76-acre lot within a thriving commercial district (Commercial District zoning). The property features 60 parking spaces and boasts high visibility due to its extensive street frontage and a large pylon sign. Previously occupied by Rite Aid, the building includes a drive-thru, making it ideal for a variety of retail uses. The location offers excellent access to major thoroughfares, including US Hwy 24, a key route to Toledo, and benefits from high traffic counts: 3,900 vehicles per day on Waterville Monclova Road, 7,000 on Waterville Swanton Road (also known as Michigan Avenue), and 24,000 on US Hwy 24. The surrounding area features a strong tenant mix, including a Kroger-anchored center, Key Bank, the YMCA, Edward Jones Investments, and Dollar General, ensuring a robust customer base. The property's proximity to a mix of single-family and multi-family residential complexes further enhances its appeal. This freestanding building offers a great lease or redevelopment opportunity in a prime retail area with easy access to nearby neighborhoods and well-known national and regional retailers. The asking price is $4,250,000. The property's APN is 96-00122.

Highlights

  • Freestanding building with drive-thru, formerly a Rite Aid.
  • Excellent redevelopment or lease opportunity in a high-traffic retail location with convenient access to major roadways and surrounding residential areas.
  • High visibility due to significant street frontage and prominent pylon signage.
  • High daily traffic counts: 3,900 VPD on Waterville Monclova Rd, 7,000 VPD on Waterville Swanton Rd (Michigan Ave), and 24,000 VPD on US Hwy 24.
  • Co-listed with Joseph Simon of SRS National Net Lease Group.

Property Details for 8239 Waterville Swanton Rd

Property type
Retail properties
Square Feet
14,673 SF
Year Built
2014
Stories
1
Lot Size (sq. ft)
163,786 SF

Location Insight

City
Waterville
County
Lucas
State
Ohio
Latitude
41.5037404
Longitude
-83.7388214
8239 Waterville Swanton Rd, Waterville, Ohio

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8239 Waterville Swanton Rd
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