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For Auction

Woodland Mall | Reposition, Redevelop, or Lease-Up Opportunity

1234 N Main Street,
Bowling Green, OH 43402
Represented by
Friedman Real Estate

Asset Snapshot

Real Estate
Asset Type
Retail
Property Type
Regional Mall
Retail Subtype
1989
Year Built
2010
Year Renovated
1
Floor Count
1,670
Parking Spots
40.00 Acres
Land Area
80%
Occupancy
Yes
Anchor
326,000 SF
Property Size

Investment Highlights

±326,000 SF Mall on a ±40-Acre Site
Single-story regional mall built in 1989 and renovated in 2010, offering ±1,670 parking spaces.
80% Occupied Under Short-Term Leases
Longstanding regional and local tenants pay rent under leases with near-term rollover potential.
±124,500 SF Available for Lease-Up Now
Vacancy includes the former ±40,000 SF Elder-Beerman department store, ready for reuse.
±66,000 SF Baseball Facility, Month-to-Month
The indoor training facility leases month-to-month, offering near-term repositioning flexibility.
5 Min From BGSU, ±25,000 Students Served
Bowling Green State University drives steady retail demand near the property's trade area.
Wood County Retail Sales Topped $529M
Wood County, the property's home market, recorded more than $529 million in retail sales in 2022.

Offering Summary

Brokered by Friedman Real Estate and powered by RealINSIGHT Marketplace, 1234 N Main Street, Bowling Green, OH is a ±326,000 SF enclosed regional mall on ±40 acres, of which ±276,000 SF is existing rentable area, offering a significant value-add opportunity through lease-up, repositioning, or redevelopment. Built in 1989 and renovated in 2010, the single-story property is ±80% occupied by a mix of longstanding regional and local tenants — including Dunham's Sports and an on-site indoor baseball training facility spanning ±66,000 SF on a month-to-month lease — primarily under short-term leases that create near-term repricing potential. Additional space is available for lease, including the former ±40,000 SF Elder-Beerman department store, presenting a backfill or redevelopment target for a new user or user mix. The property includes ±1,670 parking spaces and 100% wet-pipe sprinkler coverage. Located five minutes from Bowling Green State University, which serves approximately 25,000 students and staff, the mall sits within Wood County, where retail sales topped $529 million in 2022. Bowling Green benefits from its position along Interstate 75, connecting the trade area to Toledo and the broader Midwest, supporting a diversified local economy anchored by education, healthcare, manufacturing, and logistics.

Due Diligence

Location

Woodland Mall sits at 1234 N Main Street in Bowling Green, Ohio, along North Main Street near E. Newton Road, five minutes from Bowling Green State University's ±25,000 students and staff. The site sits among established national and regional retailers, including Kroger, Walgreens, and Dollar Tree, within a Wood County trade area where retail sales exceeded $529 million in 2022.

±25,000
Students and staff at BGSU, 5 min away
31,247
Est. population within 3 miles (2026)
$81,570
Est. avg HH income, 5 miles (2026)

Transaction Managers

Platform Fee

Buyer pays platform fee at closing.

5% or $25,000 minimum

How it Works

Learn about bidding, reserve prices, and closing.

Read the auction guide

Auctioneer

Thomas Seaman
Auctioneer
License: 2007000016

Need Help?

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Auction Opens In
40d 2h 19m 07s
$750,000
Starting Bid
Register To Bid
Bidding Opens
Bidding Closes

Investment Sales Brokers

Steven Silverman
Friedman Real Estate
Ryan Wilner
Friedman Real Estate
Jared Friedman
Friedman Real Estate
OH License: REC.2023000347

Disclaimers

The information being provided herein is for informational purposes only. No representation or warranty is made as to the accuracy or completeness of any information contained herein, including, without limitation, any information regarding the condition of the Property, the condition of title or Property descriptions. Any documents and/or pictures posted herein or elsewhere on the RealINSIGHT Marketplace (the "Website") are for informational purposes only, and may not represent the current condition of the Property or the condition of the Property at the time of sale. The posting of pictures herein or elsewhere on the Website does not constitute a guarantee that any items represented in the pictures will be present when the buyer takes possession of the Property. You are encouraged to conduct your own due diligence and investigate all matters relating to the Property. It is recommended that you seek independent advice, including legal advice, to perform your due diligence and that you use good faith efforts in determining that the content of all information provided to or obtained by you is accurate.