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Rite Aid 305 W Main St

11,325 SF Retail Building Ottawa, OH 45875 £1,292,445 (£114/SF)

Investment Highlights

  • Freestanding ±11,300 SF former Rite Aid pharmacy Available For Ground Lease, Lease, or Sale on ±0.99 AC
  • Center of town location surrounded by rooftops with the most premier visibility and access in the corridor
  • Newly improved roof on the property due to this being a sale leaseback from 2022
  • Over ±16,200 VPD passing by the property, with over 255 linear feet of frontage along W. Main and 165 linear feet along N. Elm St.
  • Rite Aid completed “Wellness Remodel” inside the store for greatly updated interior
  • Building features existing Double Lane Drive Thru

Executive Summary

Broker of Record
Matt Wallace
License No. REC.2022007141 (OH)
(866) 889-0550
Matthews Real Estate Investment Services, Inc
950 Main Ave.,
Suite 510, Cleveland, OH 44113

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Drug Store
Building Size
11,325 SF
Building Class
C
Year Built
1997
Price
£1,292,445
Price Per SF
£114
Tenancy
Single
Number of Floors
1
Building FAR
0.26
Lot Size
1.00 AC
Zoning
C
Parking
46 Spaces (4.06 Spaces per 1,000 SF Leased)
Frontage
285 ft on Main St

Amenities

  • Pylon Sign
  • Signalised Intersection
  • Drive Thru

Nearby Major Retailers

Huntington National Bank
Anytime Fitness

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 32-009100-0000
  • 32-009120-0000
  • 32-009110-0000
Land Assessment
£20,258
Improvements Assessment
£108,252
Total Assessment
£128,510
  • Listing ID: 33616814

  • Date on Market: 23/10/2024

  • Last Updated:

  • Address: 305 W Main St, Ottawa, OH 45875

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