111 Liberty StMedina, OH 44256

Property Details for 111 Liberty St

Year built

1900

Lot size

0.09 AC

Property size (Sq ft)

4,890 SF

Property type

Retail properties

Property subtype

Turn key restaurants

APN

028-19A-21-080

APU

02819A21080

Description

This charming two-story, 5,678-square-foot commercial building is located at 111 W Liberty St in Medina, Ohio (44256), within the Medina City submarket cluster of Medina County. Built in 1900 and renovated in 2000, this Class C property features a single tenancy and sits on a 0.09-acre lot. The building boasts 8-foot ceilings and comprises a first floor that previously housed a restaurant (2,118 sq ft with two open areas and two restrooms, including unique neon lighting) and a second floor with three separate 2,920 sq ft office spaces, each with its own restroom and kitchenette. A 640-square-foot garage space on the first floor is available for lease with the upstairs spaces only. The property is zoned C-2 Commercial and has a total of one building with two stories. It's conveniently located near the Historic Medina Square, offering excellent visibility and access. This property presents a unique opportunity for a business seeking a well-established location in a vibrant Ohio community. The APN is 028-19A-21-080. There are no elevators.

• CAP approach

  CAP return

  Valuation

  6%

  $1,367,050

  6.5%

  $1,261,892

  7%

  $1,171,757

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,152,675

  Geo Method

  $1,152,675

• Alternative Use

  Use

  Valuation

  Residential

  $1,064,454

  Hospitality

  $975,034

  Educational

  $811,217

  Medical

  $839,116

  Retail

  $1,261,892

Location Insight

City

Medina

County

Medina

State

Ohio

Latitude

41.1394

Longitude

-81.8646

CBSA code

17460

CBSA name

CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].