400 Sheffield Avenue, Lorain, OH 44055

Lorain, OH

Retail for Sale - $7,500,000 - 189,594 Sq. Ft. on 30.77 acres


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Agent Info

Namesteve koutsantonis

Property Info

CIMLS #1023338
Location400 Sheffield Avenue, Lorain, OH 44055
Lorain OH 44055
Last UpdatedNovember 15th, 2018
TypeRetail
Price$7,500,000
Building189,594 Sq. Ft.
Land30.77 acres
DemographicsView data

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Property Description

Hakimi Capital, as the exclusive advisor to the Owner, is pleased to present the opportunity to acquire 100% fee simple interest in Sheffield Center Retail Shops. The subject property consists of an irregularly shaped parcel of land totaling approximately 30.77 acres. It is improved with six, single-story retail buildings containing 19 tenant spaces totaling 188,494 net rentable square feet.

The three centrally located buildings (A, B and C) were con- structed in 1954 and are remnants of the O’Neil- Sheffield Center. These buildings consist of slab on grade construction with the exception of a small basement area located in build-ing A. These buildings are of steel and concrete masonry unit construction with a brick façade, metal and CMU exterior walls. The primary roofing systems on the buildings B and C

are flat and covered with an EPMDmembrane. Current tenants include: Dollar General, a Apple’s Market, Marc’s, H&R Block, and Buckeye Community Bank


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