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
Building189,594 Sq. Ft.
Land30.77 acres
DemographicsView data


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