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32733883
32325797

4580 Liberty Ave, Vermilion, OH 44089 For Sale

VC
OH SAL.2020004495
Hanna Commercial Real Estate Cleveland
SW
OH SAL.2003014732
Hanna Commercial Real Estate Cleveland
AH
Crexi Contact
Commercial Real Estate Exchange
Listed by Hanna Commercial Real Estate Cleveland, Commercial Real Estate Exchange
$275,000
67 days on market
Updated 5 days ago

Former Rite Aid

Details
APN 01-20-027-101-007 & 18-02090-000
Property Type Retail
Sub Type Pharmacy/Drug
Square Footage 11,724
Tenancy Vacant
Year Built 1997
Buildings 1
Stories 1
Acreage 1.640
Zoning B-3 Highway Commercial

Prime for potential redevelopment with over 236’ of frontage along Liberty Ave

Marketing description

For registration requirements and regulations, please review here or contact Audrey Hanna | 518-625-8581| [email protected].

Former Rite Aid at 4580 Liberty Ave, Vermilion, OH 44089 offers a standout opportunity to acquire a freestanding 11,724 SF retail building on 1.64 acres in a highly visible, signalized location. Positioned along Liberty Avenue with traffic counts of approximately 14,588 vehicles per day, this well-located site delivers exceptional exposure in one of Vermilion’s established retail corridors. The property features more than 236 feet of frontage along Liberty Avenue and benefits from two full access points from Liberty Avenue and Salem Drive, allowing for convenient customer access and strong circulation throughout the site. Surrounded by national and regional retailers, restaurants, and service providers, the location is well suited for owner-users, investors, or redevelopment-focused buyers. Area demographics further strengthen the opportunity, with average household income exceeding $127,000 within a 5-mile radius. Nearby residential density, daytime population, and strong community spending power support a wide range of potential uses. Ideal for retail, medical, service, or adaptive reuse, this former Rite Aid combines scale, access, visibility, and redevelopment potential in a desirable Lake Erie area market!

  • Non-Contingent
  • Earnest Money Deposit: Greater of $20,000 or 10% of the Purchase Price
  • Marketing Fee: 5% of the Winning Bid Amount, $20,000 minimum
  • $10,000 Participation Deposit

4580 Liberty Ave, Vermilion, OH 44089

Investment highlights

OH Auctioneer: Stephen Dawson, OH 2023000138.

  • Freestanding 11,724 SF building on 1.64 acres a
  • Located at a lit intersection with over 14,588 VPD along Liberty Ave
  • Average Household income exceeds $127,000 within a 5-mile range
  • Prime for potential redevelopment with over 236’ of frontage along Liberty Ave
  • Site has two full access points, one along Liberty Ave and the other along Salem Drive

Listing Contacts

VC
OH SAL.2020004495
Hanna Commercial Real Estate Cleveland
SW
OH SAL.2003014732
Hanna Commercial Real Estate Cleveland
AH
Crexi Contact
Commercial Real Estate Exchange
Listed by Hanna Commercial Real Estate Cleveland, Commercial Real Estate Exchange

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Additional Information

Name
Vincenzo Calabrese
License
SAL.2020004495
Brokerage
Hanna Commercial
Name
Stephen Dawson
License
2023000138
Title
Auctioneer
State
OH
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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