Former Rite Aid | Harvard Ave & E 71st St
1.15 Acres Signalized Access | 11,456 SF Free-Standing
Marketing description
Located at 7109 Harvard Ave. in Cleveland, Ohio, this 1.15-acre former Rite Aid offers a rare opportunity for users or investors seeking a freestanding retail asset with scale, visibility, and redevelopment optionality. The 11,456 SF building sits on a signalized corner within a dense neighborhood retail corridor and is available for sale or lease.
The site benefits from strong surrounding retail, including Huntington Bank, Dave’s Market, Save-A-Lot, U.S. Bank, Little Caesars, Mr. Hero, Subway, and Roses, positioning the property as a proven retail node serving the surrounding residential base. Zoning is LR-D1 (Local Retail Business), supporting a wide range of neighborhood-serving retail, service, medical, or adaptive reuse concepts.
The property is located within an Opportunity Zone corridor, providing potential tax advantages for qualifying investors. With over 82,000 residents within three miles and more than 35,000 daytime workers, the site is well-suited for users seeking infill visibility and access, or for investors pursuing repositioning or long-term redevelopment strategies.
Investment highlights
1.15 Acres with Signalized Access
11,456 SF (Former Rite Aid)
Zoning: LR-D1 (Local Retail Business)
Full access site with ingress/egress on both frontages
Neighboring retailers include: Huntington Bank, Dave's Market, Georgio's Pizza, Little Caesars, Ace Checking, Save-a-lot, Roses, U.S. Bank, Mr. Hero, and Subway
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