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Opportunity Zone

Retail/Warehouse on Highly Visible Corner

Highly visible corner - RETAIL and Warehouse space - lots of parking area, well-lit!

Listing Contacts

Active

Asking Price: $695,000
Address 

999 Lafayette Rd, Medina, OH 44256

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Date Added
Feb 16, 2024
Days on Market
453 days
Time Since Last Update
105 days

Details

Property TypeRetail
SubtypeStorefront
TenancyVacant
Square Footage7,200
Price/Sq Ft$96.53
Buildings2
ZoningC-3 General Commercial
Lot Size (acres)1.96
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Marketing Description

The property located at 999 Lafayette spans over 1.96 acres and consists of two buildings situated on a high visibility corner with a traffic light.​ The property can be accessed from two entryways - Lafayette Rd.​ and Lake Rd.​ The larger building totals 4,640 SF and is comprised of 2,320 SF of a recently renovated retail/showroom with 5 private offices and 2 restrooms.​ The lower level shop, spread over 2,320 SF is equipped with an 8' x 8' grade level door, accessed by ramp, and is used for repair and service.​ The lower level shop also has a floor drain.​ In addition to the larger building, there is a 2,560 SF cold storage warehouse with three 12' x 12' grade-level doors and a dock.​ The property is zoned as C-3, General Commercial District, which permits a variety of uses such as motor vehicle truck, trailer, and farm sales/repair, service and storage, office, restaurant, veterinary office or hospital.​ Additionally, there are conditionally permitted uses such as car wash, child day care, motor vehicle filing station, personal and professional services withdrive-thru, or restaurant with drive-thru.​

Investment Highlights

Corner Lot: 1.96 Acres Lot with 2 Access Points

2 Buildings: Totaling 7,200 SF

Upper Level Retail/Office Showroom - 2,320SF:

5 Private Offices and 2 Restrooms

Lower Level Shop - 2,320 SF:

8' x 8' GradeLevel Door, Accessed by Ramp, and Floor Drain

Cold Storage Warehouse - 2,560 SF:

(3) 12' x12' Grade Level Doors and Dock

Frontage: 158' on Lafayette Road and 354' on Lake Road

Power: Single-Phase, 110/220 V, 200 AMPS

Zoned: C-3 General Commercial

Traffic Count: ±15,485

2023 Property Taxes: $4,336.24

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Due Diligence

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Please reach out to the listing contacts for details.

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Listing Contacts


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