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2418 W 21st Street

Lorain, OH 44053
  • $3,500,000
  • STATUS: Active
  • ON SITE: 231 Days
  • MLS #: 4486164
$3,500,000
  • 0
    BEDS
  • 7.99
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial-Lease
Built:
1970
County:
Area:

School Ratings & Info

School District:
Listing courtesy of EXP Realty, LLC..
Listing information © 2024 YES-MLS.

Description

West Gate Shopping Center, strategically positioned at the corner of Rt. 58 and Rt. 611, is undergoing a complete rejuvenation, transforming into a thriving retail destination. Boasting a 65,500 square foot strip center with 10 rental units ranging from 1,400 to 20,202 square feet, this property offers an ideal canvas for grocery stores, pharmacies, convenience shops, and neighborhood-centric services. Anchor Tenant Unit: 20,202 sq ft. Renovations include a newly paved and striped parking lot, a new roof, and fresh paint, creating an inviting and contemporary aesthetic. Across the street from the plaza, two more commercial properties are experiencing their own revitalization, all benefiting from enhanced synergy. Situated minutes from Lake Erie and Rt. 2, West Gate Shopping Center ensures prime visibility and accessibility, making it an enticing prospect for businesses seeking a strategic edge. Other investment opportunities: the shopping center is available for sale or lease (lease rate & term are negotiable) and the corner acre is available for either ground lease or sale.

Listing information © 2024 YES-MLS. All rights reserved. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of YES-MLS. Real estate listings held by brokerage firms other than HomeX Real Estate Solutions are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). Information Deemed Reliable But Not Guaranteed. The photos may be altered, edited, enhanced or virtually staged. Data last updated 2024-04-04T00:08:14.937.
www.gowithhomex.com/homes/142932249
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2418 W 21st Street Lorain, OH 44053

  • Price: $3,500,000
  • Status: Active
  • On Site: 231 Days
  • MLS #: 4486164
0
Beds
0
Baths
0
½ Baths
7.99
Acres
1970
Built
Neighborhood:
Black River 02
County:
Lorain
Area:
Lorain
School District:
Lorain CSD
Property Description
West Gate Shopping Center, strategically positioned at the corner of Rt. 58 and Rt. 611, is undergoing a complete rejuvenation, transforming into a thriving retail destination. Boasting a 65,500 square foot strip center with 10 rental units ranging from 1,400 to 20,202 square feet, this property offers an ideal canvas for grocery stores, pharmacies, convenience shops, and neighborhood-centric services. Anchor Tenant Unit: 20,202 sq ft. Renovations include a newly paved and striped parking lot, a new roof, and fresh paint, creating an inviting and contemporary aesthetic. Across the street from the plaza, two more commercial properties are experiencing their own revitalization, all benefiting from enhanced synergy. Situated minutes from Lake Erie and Rt. 2, West Gate Shopping Center ensures prime visibility and accessibility, making it an enticing prospect for businesses seeking a strategic edge. Other investment opportunities: the shopping center is available for sale or lease (lease rate & term are negotiable) and the corner acre is available for either ground lease or sale.
Exterior Features

Parking Total 200

Interior Features

Basement None Basement YN No Main Level Bathrooms 0

Property Features

Elementary School District Lorain CSD - 4709 Lease Considered YN Yes Middle Or Junior School District Lorain CSD - 4709 Property Sub Type Retail Tax Annual Amount 10257

Listing information © 2024 YES-MLS.
Listing provided courtesy of EXP Realty, LLC.: 866-212-4991.
Listing information © 2024 YES-MLS. All rights reserved. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of YES-MLS. Real estate listings held by brokerage firms other than HomeX Real Estate Solutions are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). Information Deemed Reliable But Not Guaranteed. The photos may be altered, edited, enhanced or virtually staged. Data last updated 2024-04-04T00:08:14.937.
 
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HomeX Real Estate Solutions
30559 Pinetree Rd #228
Pepperpike OH, 44124
Listing courtesy of EXP Realty, LLC..
Listing information © 2024 YES-MLS.