Woodland Mall | Lease-Up, Reposition, or Redevelop Opportunity

1234 North Main Street, Bowling Green, OH 43402

Property Information

  • For Sale Contact for pricing
  • Property Type Retail
  • Property Size 326,000 SF
  • Lot Size 40 Acre
  • Parking Spaces Avail. 1670
  • Parking Ratio 5.12 / 1,000 SF
  • Year Built 1989
  • Year Renovated 2010
  • Date Updated Oct 16, 2026

Description

Starting Bid: $750,000

Auctioneer: Thomas Seaman

Auctioneer Company: Auctioneer

Auctioneer License: 2007000016

• ±326,000 SF Mall on a ±40-Acre Site: Single-story regional mall built in 1989 and renovated in 2010, offering ±1,670 parking spaces.

• 80% Occupied Under Short-Term Leases: Longstanding regional and local tenants pay rent under leases with near-term rollover potential.

• ±124,500 SF Available for Lease-Up Now: Vacancy includes the former ±40,000 SF Elder-Beerman department store, ready for reuse.

• ±66,000 SF Baseball Facility, Month-to-Month: The indoor training facility leases month-to-month, offering near-term repositioning flexibility.

Brokered by Friedman Real Estate and powered by RealINSIGHT Marketplace, 1234 N Main Street, Bowling Green, OH is a ±326,000 SF enclosed regional mall on ±40 acres, of which ±276,000 SF is existing rentable area, offering a significant value-add opportunity through lease-up, repositioning, or redevelopment. Built in 1989 and renovated in 2010, the single-story property is ±80% occupied by a mix of longstanding regional and local tenants — including Dunham's Sports and an on-site indoor baseball training facility spanning ±66,000 SF on a month-to-month lease — primarily under short-term leases that create near-term repricing potential. Additional space is available for lease, including the former ±40,000 SF Elder-Beerman department store, presenting a backfill or redevelopment target for a new user or user mix. The property includes ±1,670 parking spaces and 100% wet-pipe sprinkler coverage. Located five minutes from Bowling Green State University, which serves approximately 25,000 students and staff, the mall sits within Wood County, where retail sales topped $529 million in 2022. Bowling Green benefits from its position along Interstate 75, connecting the trade area to Toledo and the broader Midwest, supporting a diversified local economy anchored by education, healthcare, manufacturing, and logistics.

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