Share This Listing

Message

935 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

5064 Grove Ave
Lorain, OH 44055
 Former Payless Shoe Source · Retail Property For Sale

Retail Buildings Ohio Lorain 5064 Grove Ave, Lorain, OH 44055

Save this listing!

Favorite this listing to get notified of price updates, new media and more

INVESTMENT HIGHLIGHTS

  • High Traffic Retail on Rt-57 in Lorain
  • 12,300 VPD on Rt-57 - Next to Klutch Cannabis Dispensary
  • Sale Price: $387,000
  • For Sale or Lease with 160' Frontage
  • Large Parking Lot (35+ Spaces) - Large Road Sign
  • Lease Rate: $13.00 - 15.00/sq ft MG

EXECUTIVE SUMMARY

Freestanding retail building for sale or lease - right off of Rt-57

PROPERTY FACTS

Sale Type
Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
4,108 SF
Building Class
C
Year Built
1980
Price
$387,000
Price Per SF
$94.21
Tenancy
Single
Building Height
1 Story
Building FAR
0.20
Lot Size
0.48 AC
Zoning
Commercial
Parking
23 Spaces (5.6 Spaces per 1,000 SF Leased)
Frontage
160’ on Grove Ave

PROPERTY TAXES

Parcel Number 03-00-109-120-024 Improvements Assessment $71,162
Land Assessment $5,075 Total Assessment $76,237

PROPERTY TAXES

Parcel Number
03-00-109-120-024
Land Assessment
$5,075
Improvements Assessment
$71,162
Total Assessment
$76,237
 

  • Listing ID: 38565778

  • Date on Market: 11/25/2025

  • Last Updated:

  • Address: 5064 Grove Ave, Lorain, OH 44055

More public record information on 5064 Grove Ave, Lorain, OH 44055

The Retail Property at 5064 Grove Ave, Lorain, OH 44055 is currently available for Sale. Contact Hanna Commercial Real Estate for more information.

RETAIL PROPERTIES IN NEARBY NEIGHBORHOODS

NEARBY LISTINGS

1 of 8
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW STREET
MAP
5064 Grove Ave, Lorain, OH for sale Building Photo- Image 1 of 8
5064 Grove Ave GE1
5064 Grove Ave, Lorain, OH for sale Building Photo- Image 2 of 8
5064 Grove Ave GE2
5064 Grove Ave, Lorain, OH for sale Building Photo- Image 3 of 8
IMG_9402
5064 Grove Ave, Lorain, OH for sale Building Photo- Image 4 of 8
IMG_9398
5064 Grove Ave, Lorain, OH for sale Building Photo- Image 5 of 8
IMG_9401
5064 Grove Ave, Lorain, OH for sale Building Photo- Image 6 of 8
IMG_9403
5064 Grove Ave, Lorain, OH for sale Primary Photo- Image 7 of 8
Primary Photo

Connect with us

© 2025 CoStar Group

The LoopNet service and information provided therein, while believed to be accurate, are provided "as is". LoopNet disclaims any and all representations, warranties, or guarantees of any kind.

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}
You can provide feedback any time using the Help button at the top of the page.