0 V/L Girdled & Painesville Ravenna RdPainesville, OH 44077

For Sale
$289,900

Prime 2.2-acre corner lot, high traffic area.

Overview

Added:
Dec 11, 2024
Days on market:
92
This exceptional 2.21-acre commercial lot in Painesville, Ohio, presents a remarkable investment opportunity. Located at the highly visible intersection of Painesville Ravenna Road and Girdled Road, this property boasts 610 feet of frontage on Painesville Ravenna Road and 135 feet on Girdled Road. The four-way stop and signalized intersection ensures high visibility and accessibility, supported by the presence of established businesses such as Marathon Gas, Bremec Garden Center, and Big Creek Veterinary Clinic nearby. The property is zoned B-1 "Restricted Retail" within Concord Township, allowing for a diverse range of permitted uses including medical clinics, professional offices, restaurants, retail and business services, financial institutions, and more. Conditional uses include car washes, outdoor storage, breweries, and various other businesses. This level lot, while wooded, is clean and ready for development. The location offers significant advantages, situated 1.25 miles east of State Route 44 and 3 miles south of I-90, providing easy access to major transportation routes. The surrounding area is experiencing substantial residential growth, creating a high demand for local amenities and services. Concord Township actively promotes economic growth, offering support through initiatives such as financing assistance and workforce development programs. The high household income (HHI) area further enhances the investment potential of this property, making it an ideal location for businesses seeking to thrive in a rapidly developing community. The property's APN is 08-A-001-B-00-005-0. The asking price is $289,900.

Highlights

  • 2.21-acre commercial lot with 745 feet of frontage on a signalized intersection.
  • High-income area experiencing residential growth, lacking sufficient community amenities.
  • Concord Township offers economic development incentives.
  • Level lot, wooded but cleared and ready for development.
  • B-1 zoning allows for diverse commercial uses, including many conditional uses.

Property Details for 0 V/L Girdled & Painesville Ravenna Rd

Property type
Other land, Land
Lot Size (sq. ft)
96,268 SF

Location Insight

City
Painesville
County
Lake
State
Ohio
Latitude
41.654110907792
Longitude
-81.21911908839
V/L Girdled & Painesville Ravenna Rd, Painesville, Ohio

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0 V/L Girdled & Painesville Ravenna Rd
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