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5064 Grove Ave
Lorain, OH 44055
 Former Payless Shoe Source · Retail Property For Sale

Retail Buildings Ohio Lorain 5064 Grove Ave, Lorain, OH 44055

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INVESTMENT HIGHLIGHTS

  • High Traffic Retail on Rt-57 in Lorain
  • 12,300 VPD on Rt-57 - Next to Klutch Cannabis Dispensary
  • Sale Price: $387,000
  • For Sale or Lease with 160' Frontage
  • Large Parking Lot (35+ Spaces) - Large Road Sign
  • Lease Rate: $13.00 - 15.00/sq ft MG

EXECUTIVE SUMMARY

Freestanding retail building for sale or lease - right off of Rt-57

PROPERTY FACTS

Sale Type
Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
4,108 SF
Building Class
C
Year Built
1980
Price
$532,365 CAD
Price Per SF
$129.59 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.20
Lot Size
0.48 AC
Zoning
Commercial
Parking
23 Spaces (5.6 Spaces per 1,000 SF Leased)
Frontage
160’ on Grove Ave

PROPERTY TAXES

Parcel Number 03-00-109-120-024 Improvements Assessment $97,892 CAD
Land Assessment $6,981 CAD Total Assessment $104,873 CAD

PROPERTY TAXES

Parcel Number
03-00-109-120-024
Land Assessment
$6,981 CAD
Improvements Assessment
$97,892 CAD
Total Assessment
$104,873 CAD
 

  • Listing ID: 38565778

  • Date on Market: 2025-11-25

  • Last Updated:

  • Address: 5064 Grove Ave, Lorain, OH 44055

The Retail Property at 5064 Grove Ave, Lorain, OH 44055 is currently available for Sale. Contact Hanna Commercial Real Estate for more information.

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