Former Rite Aid | Crexi Auction

Highlights

• Attractive Auction Opportunity - Crexi Online Auction February 9 - 11, 2026
• Freestanding Retail Asset - 8,052 SF single-tenant retail building situated on 0.62 acres, offering a flexible footprint ideal for a variety of commercial uses
• Prime Main Street Visibility & Access -Highly visible 135 feet of frontage along S. Main Street, a primary commercial corridor
• Strong Local Demographics - Average household income within 5 miles exceeds $90,800, indicating strong consumer purchasing power
• Flexible Zoning - Zoned C – Commercial, allowing a wide range of retail, service, and commercial uses, enhancing repositioning optionality

Description

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Fredericktown, Ohio, is a small yet vibrant village in Knox County with a strong sense of community and a steadily growing economic base. As of 2023, the village has around 2,634 residents, and its workforce rose by nearly 2.7% from the previous year which is a sign of encouraging job growth. Key among the employment sectors are health care and social assistance, followed by manufacturing and retail trade.

One of Fredericktown’s economic strengths lies in its relatively low unemployment rate, which sits around just 2.2% and is significantly lower than national averages. Agriculture also plays a meaningful role in the surrounding county’s economy; Madison County supports over 360 farms, with livestock and poultry contributing more than $15 million in annual sales.

Beyond jobs and income, Fredericktown is investing in its future through community-driven development. A recent downtown “Façade Improvement Program” offers matching grants to property owners, helping to revitalize the village core and enhance property values. In addition, a $1.5 million federally funded streetscape project has been approved, promising new sidewalks, ADA-compliant ramps, and upgraded infrastructure — all of which support local business growth and improve the quality of life for residents.