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119 Lafayette St
Medina, OH 44256
Retail Property For Sale


Investment Highlights
- 1,200 SF retail/office space plus a 902 SF two-bedroom apartment with separate metering.
- Zoned Central Business District in Medina’s South Town corridor with ±7,800 daily traffic count.
Executive Summary
119 Lafayette Street presents a unique opportunity to acquire a character-rich mixed-use commercial property in the heart of Medina’s desirable South Town area. This Victorian-era Eastlake-style home offers 2,102 SF of updated space that balances historic architecture with modern business functionality. The first floor spans 1,200 SF with hardwood floors, original wood details, three rooms, two fireplaces, a handicap-accessible entrance, and an ADA restroom—perfect for office or retail operations.
Upstairs, a 902 SF two-bedroom, one-bath apartment provides natural light and additional income potential, with leases in place through 2026 and 2027. Monument signage ensures visibility, while adjacent rear parking accommodates multiple vehicles. Utilities are separately metered, allowing ease for owner-occupants or multi-tenant use. Zoned Central Business District, the asset is well-positioned amid Medina’s growing downtown, known for its boutique retailers, creative firms, and thriving small-business scene.
Situated just two blocks from Historic Public Square and minutes from U.S. Route 42 and SR-18, this location offers strong connectivity to Akron (20 miles southeast) and Cleveland (30 miles north). The property’s blend of location, adaptability, and historic appeal makes it an excellent acquisition for investors, professionals, or entrepreneurs looking to establish in a vibrant, expanding corridor.
Upstairs, a 902 SF two-bedroom, one-bath apartment provides natural light and additional income potential, with leases in place through 2026 and 2027. Monument signage ensures visibility, while adjacent rear parking accommodates multiple vehicles. Utilities are separately metered, allowing ease for owner-occupants or multi-tenant use. Zoned Central Business District, the asset is well-positioned amid Medina’s growing downtown, known for its boutique retailers, creative firms, and thriving small-business scene.
Situated just two blocks from Historic Public Square and minutes from U.S. Route 42 and SR-18, this location offers strong connectivity to Akron (20 miles southeast) and Cleveland (30 miles north). The property’s blend of location, adaptability, and historic appeal makes it an excellent acquisition for investors, professionals, or entrepreneurs looking to establish in a vibrant, expanding corridor.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
1,200 SF
Building Class
C
Year Built
1989
Price
$521,351 CAD
Price Per SF
$434.46 CAD
Tenancy
Single
Building Height
2 Stories
Building FAR
0.09
Lot Size
0.32 AC
Amenities
- Air Conditioning
Property Taxes
| Parcel Number | 028-19D-01-014 | Improvements Assessment | $49,487 CAD |
| Land Assessment | $43,641 CAD | Total Assessment | $93,128 CAD |
Property Taxes
Parcel Number
028-19D-01-014
Land Assessment
$43,641 CAD
Improvements Assessment
$49,487 CAD
Total Assessment
$93,128 CAD
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