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720 Medina St 2,337 SF Retail Building Lodi, OH 44254 $295,000 ($126.23/SF)
INVESTMENT HIGHLIGHTS
- Nearby traffic counts: 3,000-10,000 cars per day.
- Right off of Rt 224 and 42
- Incredibly aesthetically pleasing property with .75 acre
- Close proximity to I-71
EXECUTIVE SUMMARY
Zoned Commercial, formerly a longtime community staple diner, this property began renovations in approximately 2019 which included a complete gut job! New framing and trusses, new roof, new white vertical siding, and new black vinyl windows. Incredibly aesthetically pleasing property with .75 acre. Room for a large parking lot right off of Rt 224 and 42, with close proximity to I-71, a honeypot of great parking, traffic, and accessibility! Wide open floor plan optimal for so many different uses. 2337 total square feet. Finish this project to fit the specific needs of your business or organization! Shed built in 1980 could be finished or used as additional storage. Nearby traffic counts: 3,000-10,000 cars per day.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
2,337 SF
Building Class
C
Year Built
1940
Price
$295,000
Price Per SF
$126.23
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
0.75 AC
Opportunity Zone
Yes
Zoning
C-1
Parking
12 Spaces (5.13 Spaces per 1,000 SF Leased)
Frontage
112’ on Medina St
AMENITIES
- Signage
PROPERTY TAXES
| Parcel Number | 015-26A-05-002 | Improvements Assessment | $10,420 |
| Land Assessment | $13,080 | Total Assessment | $23,500 |
PROPERTY TAXES
Parcel Number
015-26A-05-002
Land Assessment
$13,080
Improvements Assessment
$10,420
Total Assessment
$23,500
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720 Medina St
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