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1615-1625 W River Rd N
Elyria, OH 44035
Chipotle/Verizon Anchored Center · Retail Property For Sale

Property Facts

Property Type
Retail
Property Subtype
Freestanding
Building Size
8,385 SF
Building Class
C
Year Built
1986
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.20
Lot Size
0.96 AC
Zoning
B-G - Business General District
Parking
77 Spaces (9.34 Spaces per 1,000 SF Leased)

Amenities

  • Signage
  • Signalized Intersection

About 1615-1625 W RIVER RD N , ELYRIA, OH 44035

The subject property is an approximate 8,240 square foot shopping center located at the northeast corner of West River Road North and Midway Mall Road in Elyria, Ohio. The Property is 100% leased to Chipotle Mexican Grill, Verizon Wireless and Vanity Nails. The Parcel also incorporates a freestanding Drive-Thru ATM leased to Huntington Bank. Directly to the north is a free standing Olive Garden which has been operating since 2005. The property is an outparcel to the 179,646 square foot Midway Crossing Shopping Center which is scheduled for redevopment in 2019. The property is strategically positioned along West River Road between two of Ohio’s main interstates, I-80 (Ohio Turnpike) and I-90 (the longest east-west interstate) in the main retail corridor of Elyria. Traffic counts along West River Road at the intersection of I-80 is in upwards of 39,400 vehicles per day. This retail hub supports Elyria and the surrounding cities, including students attending Lorain County Community College (11,500+ students), which is located two miles from the property. Retail stores in the immediate vicinity include: Target, Home Depot, Pet Smart, Dollar Tree, Texas Roadhouse, Giant Eagle, Marc’s, Applebee’s, Golden Coral, Red Lobster, Burger King, Dicks Sporting Goods, Pet Supplies Plus, IHOP, JoAnn Fabrics and McDonald’s.

Property Taxes

Property Taxes

Parcel Number
06-24-173-000-023
Land Assessment
$43,680
Improvements Assessment
$1,102,500
Total Assessment
$1,146,180
  • Listing ID: 14663396

  • Date on Market: 12/18/2018

  • Last Updated:

  • Address: 1615-1625 W River Rd N, Elyria, OH 44035

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