Former Rite Aid

12,300 SF | Retail Building | Mount Vernon, OH 43050 | $1,975,000 ($161/SF)

Date Added:
May 17, 2024
Days on Market:
28 days

Asking Price $1,975,000

Property Type
Retail
Square Feet
12,300 SF
Price / Square Foot
$161

Listing Contacts

Todd Blonsley
Todd Blonsley
Verified Profile
Price Patton
Verified Profile
  • Property Info

Property Overview

*Property is being marketed as an Owner/User investment. Property is currently occupied as of July 17th, 2024 and is being offered subject to the National Bankruptcy Filings. Expected store closure August 2024.
A 10,967 SqFt Former Rite Aid building sitting on a 1.066-Acre parcel. The site is on a hard corner with 3 access points, two in the front and one in the rear of the building. The property sits on Newark Road which averages over 27,000 cars per day. There are over 20,000 residents in a 3-mile radius with average household income exceeding $67,000. The property is adjacent Baker's grocery store and near many national concepts such as Wendy's, Subway, McDonald's Taco Bell, Pizza Hut, Tim Hortons and more. The building is 1-mile from Mount Vernon Nazarene Univeristy, Mt Vernon High School and Mt Vernon Middle School.

Property Details

Class
C
Year Built
1986
Stories
1
Property Subtype
Drug Store, Freestanding, Storefront
Lot Size (sq. ft)
30,056 SF

Highlights

  • Newark Rd - 27,000+ Cars Per Day
  • 1.07 Acre Parcel | 10,967 SqFt Building
  • Hard Corner Location - 3 Access Points
  • Population Exceeds 20,000 (3-mile radius)

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