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4100-4128 Lake Rd
Sheffield Lake, OH 44054
Shoreway Shopping Center · Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Property Subtype
Supermarket
Building Size
116,042 SF
Building Class
B
Year Built/Renovated
1958/1996
Tenancy
Multiple
Building Height
1 Story
Loading Docks
5 Exterior
Building FAR
0.14
Lot Size
18.68 AC
Parking
850 Spaces (7.32 Spaces per 1,000 SF Leased)
Frontage
912’ on Lake Rd

AMENITIES

  • Pylon Sign
  • Restaurant
  • Signage
  • Signalized Intersection
  • Waterfront
  • Drive Thru

ABOUT 4100-4128 LAKE RD , SHEFFIELD LAKE, OH 44054

Shoreway Shopping Center | 116,042-Square Foot Neighborhood Shopping Center Notable Tenants Include Apples Market Grocery Store, Rite Aid, Dollar Tree, Goodwill & Little Caesars Four-Units Totaling 16,936 Square Feet or 15 Percent of Realizable Vacancy Upside 86 Percent of Current Income is Generated from National and Regional Tenants More than $100,000 was Invested throughout 2019 to Repair & Replace Major Roof Sections Benefits from 100kw Wind Turbine that Supplies a Portion of the Interior Electricity for Apples Market Situated Along US-6 with Great Visibility, Signage & Multiple Points of Ingress/Egress City Plans to Invest Approximately $400,000 for Road Expansion, Adding Bike Lanes & Replacing Center’s Watermain Located Less than Four-Miles from Ford Plant | $900M Planned in Upgrades & Adding 1,500 New Jobs Within Five-Years Household Incomes Projected to Increase by Approximately 20 Percent in Five-Miles There are More than 74,000 Residents and Over 66,000 Employees Located within Five-Miles Less than Eight-Miles from Lorain Community College with More than 8,200 Students Enrolled Lorain County Plans to Invest $33M to Redevelop & Expand Lakefronts and Marinas Located 24-Miles from Downtown Cleveland, OH

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
03-00-041-102-017
Land Assessment
$321,230
Improvements Assessment
$353,126
Total Assessment
$674,356
  • Listing ID: 18739249

  • Date on Market: 3/4/2020

  • Last Updated:

  • Address: 4100-4128 Lake Rd, Sheffield Lake, OH 44054

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