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109 Jefferson St
Greenfield, OH 45123
Retail Property For Sale

Investment Highlights

  • Dual frontage on Jefferson and N McArthur Streets with full access.
  • 26 parking spaces including 4 ADA-compliant spots.
  • Located in a growing trade area with $5.37M in park improvements.
  • Former Rite Aid with existing infrastructure for retail conversion.
  • Surrounded by national retailers and local institutions.
  • Zoned CN: Village Commercial, allowing flexible use options.

Executive Summary

Positioned at the intersection of Jefferson Street and N McArthur Way, this 8,072 SF freestanding retail building offers exceptional visibility and access in the heart of Greenfield, Ohio. Formerly occupied by Rite Aid, the property is ideally suited for a wide range of commercial uses, benefiting from CN Village Commercial zoning and a strong surrounding tenant mix including Save-A-Lot, Dollar General, Burger King, and McDonald’s. This property is available for both sale and lease.
The site features dual street frontage—121 feet on Jefferson Street and 122 feet on N McArthur Street—along with 26 dedicated parking spaces, including four ADA-compliant spots. Located adjacent to the Historic Smith Tannery House and within walking distance of Greenfield’s schools and medical facilities, the property is well-positioned to serve both local residents and regional visitors.
Greenfield’s diverse employment base, anchored by manufacturing and educational institutions, supports steady daytime traffic. The area is further enhanced by a $5.37 million state investment in Felson Park, boosting its appeal as a travel destination. With over 8,000 vehicles per day on Jefferson Street and proximity to Chillicothe (just 32 minutes east), this site offers a compelling opportunity for retailers, service providers, or medical users seeking a strategic foothold in southern Ohio.

Property Facts

Sale Type
Owner User
Sale Condition
Redevelopment Project
Property Type
Retail
Property Subtype
Drug Store
Building Size
8,072 SF
Building Class
C
Year Built
1950
Price
$560,749 CAD
Price Per SF
$69.47 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.81
Lot Size
0.23 AC
Opportunity Zone
Yes
Zoning
CN - Village Commercial

Property Taxes

Property Taxes

Parcel Number
27-13-001-157.00
Land Assessment
$4,787 CAD
Improvements Assessment
$0 CAD
Total Assessment
$4,787 CAD
  • Listing ID: 37353207

  • Date on Market: 2025-08-20

  • Last Updated:

  • Address: 109 Jefferson St, Greenfield, OH 45123

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