- For Sale $1,150,000
- Property Type Retail
- Property Size 79,579 SF
- Lot Size 6.91 Acre
- Date Updated May 7, 2026
Description
Multi-Tenant Shopping Center totaling 79,428 SF situated on 7.42 acres with 285 parking spaces
Anchored by Big Lots (63,433 SF) operating under a 7-year initial term (6/1/2025–5/31/2032) with four (4) five-year renewal options
Dollar Tree (14,925 SF) operating under a 99-year ground lease providing long-term site stability
Property zoned Business General, allowing for broad retail and commercial flexibility
Located along Cleveland Street (US-20), a primary retail corridor in Elyria with strong regional accessibility
Large format footprint provides future repositioning, subdivision, or redevelopment potential
Ample parking field and site layout allow for potential pad development or adaptive reuse
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Contacts
Hanna Commercial Real Estate
Hanna Commercial Real Estate
Hanna Commercial Real Estate