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Off Broadway Floral 420 N Ridge Rd W 4,400 SF 100% Leased Retail Building Lorain, OH 44053 $799,900 ($181.80/SF)



Investment Highlights
- 6 acres of buildable property
- Newer building close to highways
- Retail space with separate design area and loading garage
Executive Summary
Commercial building with 6 acres of land to expand! Excellent opportunity to own a well-maintained 4,400 sq. ft. commercial building built in 2014, situated on 6 acres, offering ample space for future development or business expansion. The property features paved parking, beautifully landscaped gardens with a large water feature providing a welcoming setting for customers and clients. The interior offers a spacious retail area, currently utilized as a floral and décor retail business. This flexible space is suitable for a variety of commercial uses. The building layout accommodates both display and work areas that include a storage warehouse with overhead doors for deliveries-- making it ideal for retail, office, or mixed-use operations. This building is move-in ready, offers excellent visibility, modern construction, and abundant potential for future growth. Conveniently positioned just minutes from I-90, offering excellent accessibility for customers and deliveries. The opportunities are endless: Home décor, boutique clothing or gift shop, garden center or nursery (especially with the 6 acre & pond/garden setting), antique or consignment store, farm market or local artisan shop, winery, brewery, or tasting room with elegant outdoor space, Café or coffee shop with outdoor seating, Farm-to-table restaurant or bakery, event catering venue, Specialty food market or deli, photography studio, yoga & wellness retreat center, spa, salon or fitness studio, real estate, insurance, or professional office space, pet grooming or boutique store, there are so many possibilities! Take a tour today and discover the perfect setting for your next business venture.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
4,400 SF
Building Class
C
Year Built
2014
Price
$799,900
Price Per SF
$181.80
Percent Leased
100%
Building Height
1 Story
Building FAR
0.02
Lot Size
6.00 AC
Somewhat walkable
30/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 02-01-003-262-024 | Improvements Assessment | $79,422 |
| Land Assessment | $36,330 | Total Assessment | $115,752 |
Property Taxes
Parcel Number
02-01-003-262-024
Land Assessment
$36,330
Improvements Assessment
$79,422
Total Assessment
$115,752
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Off Broadway Floral | 420 N Ridge Rd W
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