4580 Liberty AveVermilion, OH 44089

  • Individual retail properties
  • 11,724 SF

Property Details for 4580 Liberty Ave

Year built
1997
Lot size
1.20 AC
Property size (Sq ft)
11,724 SF
Property type
Individual retail properties
APN
01-20-027-101-007
APU
120027101007

Description

This exceptional 11,724-square-foot freestanding retail building, formerly a Rite Aid, presents a unique investment opportunity in Vermilion, OH. Situated on a 1.64-acre lot at a signalized intersection on Liberty Avenue, this property boasts high visibility and significant traffic volume (14,612 vehicles per day). The building offers excellent frontage along both Salem Drive (290 feet) and Liberty Avenue (236 feet), ensuring maximum exposure to potential customers. The property includes a convenient double-lane drive-thru, ideal for businesses requiring quick customer service, and ample parking with over 75 spaces. The location benefits from strong demographics, with average household incomes exceeding $101,334 within a 5-mile radius. Nearby established businesses include Giant Eagle, Dollar General, Dollar Tree, Goodwill, McDonald's, Wendy's, Huntington Bank, Verizon Wireless, Discount Drug Mart, Pizza Hut, and Liberty Ford Vermilion, creating a vibrant and thriving commercial environment. The entire 11,724 square feet is currently vacant and available for sale or lease. This property is perfect for a variety of retail uses. The address is 4580 Liberty Ave, Vermilion, OH 44089.

Location Insight

City
Vermilion
County
Lorain
State
Ohio
Latitude
41.4256
Longitude
-82.3477
CBSA code
17460
CBSA name
CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$42,412
$82,215
$433,234
$515,449
-
$234,900
$1,237,810
$1,472,710

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