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50 Park St
Berea, OH 44017
Land For Sale
·
0.72 AC
Investment Highlights
- Baldwin Wallace University Boesel Musical Arts Center is located just a 7 minute walk from Parkway Shoppes
- The site has a 5-mile daytime population of 162,554 and a 5-mile average household income of $107,179
Executive Summary
The Parkway Shoppes outparcel offers a highly visible 0.72-acre lot situated adjacent to a well-performing Giant Eagle, ranked in the top 15% of U.S. stores and 85th percentile in Ohio for sales performance. Located just steps from downtown Berea and Baldwin Wallace University, the site benefits from high traffic volumes and strong daytime population. Surrounding uses include national retailers such as Dollar Tree and Fifth Third Bank as well as long-established local businesses. With frontage along Park Street and W Center Street, this parcel is ideal for retail or mixed-use development seeking consistent consumer exposure in a walkable trade area.
Property Facts
| Sale Type | Investment or Owner User | Proposed Use | Commercial |
| No. Lots | 1 | Total Lot Size | 0.72 AC |
| Property Type | Land | No. Stories | 1 |
| Property Subtype | Commercial | ||
| Zoning | CC - Commercial Center | ||
| Sale Type | Investment or Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Commercial |
| Total Lot Size | 0.72 AC |
| No. Stories | 1 |
| Zoning | CC - Commercial Center |
1 Lot Available
Lot
| Price | $350,000 | Lot Size | 0.72 AC |
| Price Per AC | $486,111.11 |
| Price | $350,000 |
| Price Per AC | $486,111.11 |
| Lot Size | 0.72 AC |
Two opportunities at Parkway Shoppes: • Unit 46: 1,500 SF Endcap for Lease • 0.72 AC Lot For Sale $350,000
Description
Parkway Shoppes is located on W Bridge Street adjacent to downtown Berea, Ohio. The site includes an endcap space within an existing retail center and a separate developable lot. It is anchored by a Giant Eagle store and surrounded by other retail tenants such as Dollar Tree and Fifth Third Bank. The center is near Baldwin Wallace University and positioned close to multiple major roadways serving the Berea and Middleburg Heights trade area.
Property Taxes
| Parcel Numbers | Improvements Assessment | $164,990 | |
| Land Assessment | $150,815 | Total Assessment | $315,805 |
Property Taxes
Parcel Numbers
Land Assessment
$150,815
Improvements Assessment
$164,990
Total Assessment
$315,805
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