1640 Oh-534Geneva, OH 44041

This exceptional 2.72-acre commercial property in Geneva, Ohio, presents a compelling redevelopment opportunity. Located at 1640 OH-534, this high-visibility site boasts 423 feet of highway frontage and 426 feet of depth, offering significant exposure to the 33,853 vehicles per day on Route 90 and 7,685 vehicles per day on OH-534, according to ODOT TIMS data. The property currently includes a 2,871 square foot, two-tenant strip center with a 1,271 square foot endcap vacancy. One tenant, Subway, has a lease expiring in January 2026. The current Net Operating Income (NOI) is $14,367, representing a pro-forma cap rate of 1.61% based on the asking price of $895,000. The property's AC Accommodation Commercial zoning allows for diverse uses, including hotels, retail, restaurants, car washes, medical facilities, warehouses, and wineries. Its strategic location directly across the highway from the Spire Institute, a world-renowned sports academy attracting over one million annual visitors, provides unparalleled access to a large and consistent customer base. Geneva's thriving tourism sector, featuring over 20 vineyards and the historic downtown Geneva-on-the-Lake, further enhances the property's investment potential. This is a rare chance to acquire a prime commercial site with exceptional visibility, flexible zoning, and strong potential for significant returns. The property's current occupancy is 55.7%.