11,267 SF Former Drug Store on 1.53 Acres
Former Drug Store for Sale or Lease
Marketing description
Located at 1560 Parkman Road NW, Warren, OH 44485, this prime 11,267 SF former drug store on 1.53 acres presents a unique investment opportunity in a high-traffic area. Situated on a signalized hard corner, the property boasts exceptional visibility along a major commercial corridor with over 10,000 vehicles passing daily.
The versatile space is ideal for retail, medical, fitness, or restaurant concepts, featuring a drive-thru lane, ample parking, and a large open floorplan. With surrounding national retailers like Aldi and AutoZone, the property benefits from steady consumer traffic. Warren's strategic location between Cleveland and Pittsburgh positions it as the commercial hub of Trumbull County, offering access to major markets.
The 1.53-acre parcel allows for redevelopment or adaptive reuse, making it a lucrative prospect for investors and tenants looking for a well-positioned property in a growing area. Available for immediate occupancy, this property is ready for transformation to capitalize on its prime location.
Investment highlights
Freestanding 11,267 square foot former drugstore situated on a large 1.53 acre parcel. The property presents a rare opportunity for investors, developers, or owner-users to acquire a highly visible retail building suitable for a variety of uses including retail, medical, discount retail, fitness, or restaurant concepts.
The property is offered for sale or lease, providing flexibility for investors, owner-users, or tenants seeking a well-located retail site in a growing corridor.
Located on the signalized hard corner of Parkman Road and Drexel Avenue, the property benefits from excellent frontage and visibility along a major commercial corridor. The site features approximately 273 feet of frontage on Parkman Road and multiple access points, making it highly accessible for customers and deliveries.
The property is positioned along Parkman Road, a primary retail and commuter route with more than 10,000 vehicles passing the site daily, providing consistent exposure and strong customer traffic.
The surrounding trade area features numerous national and regional retailers including Aldi, AutoZone, O’Reilly Auto Parts, Dollar Tree, and other neighborhood retail uses, helping drive consistent consumer traffic to the area.
The building features the typical former pharmacy configuration including a drive-thru lane, large open retail floorplate, and ample parking (approximately 55 spaces), making it ideal for retail, medical, or serviceoriented tenants.
Warren is strategically located between Cleveland and Pittsburgh, providing access to two major metropolitan markets while serving as the commercial hub of Trumbull County.
The 1.53 acre parcel provides significant flexibility for redevelopment, repositioning, or adaptive reuse of the existing structure, including potential for multi-tenant retail, medical, or service uses.
The property is available immediately for occupancy, allowing investors or tenants to quickly reposition the building or begin operations.
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