V/L Girdled and Painesville Ravenna Roads

V/L Girdled and Painesville Ravenna Roads Painesville, OH 44077

V/L Girdled and Painesville Ravenna Roads, Painesville, OH, 44077
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FOR SALE
Property Type:
Other Land
Amount:
$350,000
Last Verified:
May 10, 2024


Description

EXCELLENT COMMERCIAL LOCATION SCORE with high spatial demand and opportunity to expand local amenities for a growing community.

eXp Commercial offers this prime 2.2-acre corner lot located in Concord Township, Lake County, Ohio, just 1.25 miles east of State Route 44 and 3 miles from I-90. The property offers exceptional visibility and access with 610’ of frontage on Painesville Ravenna Road and 135’ on Girdled Road. This is a 4-way stop and signalized corner with respectable traffic counts as supported by neighboring businesses like Marathon Gas, Bremec Garden Center, and Big Creek Veterinary Clinic.

Zoned B-1 “Restricted Retail” development:

Permitted Uses Include: Medical clinics and professional offices, Restaurant, Retail and business services, Financial, Sports/fitness clubs, Indoor recreation, Library, Museum, Theater, Government and Public services.

Conditional Uses Include: Car Wash/Gas/Automotive, Outdoor storage, Micro-brewery/distillery/winery, Drive-thru facilities Veterinary, Funeral home, Child or adult day care, Group home, Meeting/Banquet, Church, Home for aging, Hospice Care, Garden/nursery center, Bed and Breakfast. Contact Concord Township for more information.

Concord Township is a hub for economic growth, with a focus on commercial, retail, and light industrial sectors. Supported by strategic partnerships and a comprehensive development plan, businesses here benefit from resources like financing assistance and workforce development programs.

The region offers a high-quality lifestyle, complemented by diverse housing options, excellent schools, and recreational amenities. With Lake Erie nearby and a growing community of residential neighborhoods, this area presents ample opportunities for businesses to thrive.

Proximity to diverse housing options, with new developments completed, and more in the pipeline, excellent schools, safety scores, and recreational amenities, including Lake Erie, only enhances the area's appeal for businesses and residents alike.

Northeast Ohio / Lake County / 1 mile east of OH-44 and 3 miles south of I-80

Lot Size: 2.21 acres

Map of V/L Girdled and Painesville Ravenna Roads, Painesville, OH, 44077

Presented by:
eXp Commercial | Ohio

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Michelle Angeny


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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.