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For Sale

Former Rite Aid For Sale/Lease

2229 E State St,
Salem, OH 44460

Asset Snapshot

2007
Year Built
1
Floor Count
91
Parking Spots

Offering Summary

Investment Overview

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Investment Highlights

  • Hospital-Adjacent Retail Location | Directly Next To Salem Regional Medical Center, Creating Built-In Daily Traffic And Strong Medical-User Demand
  • Rare 2.12-Acre Infill Parcel | Large, Well-Configured Site In City’s Primary Retail Corridor | Long-Term Redevelopment Flexibility
  • Signalized, Multi-Street Frontage | Exposure On E. State Street (14,747+ VPD), Southeast Blvd(4,000+ VPD), And E. Pershing
  • Street (3,170+ VPD) For Superior Visibility And Access | Two Pylon Signs Visible From All Cross-Streets
  • Drive-Thru Infrastructure In Place | Existing Drive-Thru Lane Supports QSR, Coffee, Pharmacy, Or Financial Institution Reuse
  • High-Barrier Retail Node | Surrounded By National Retailers Including Starbucks, Chipotle, Giant Eagle, Circle K, Take 5 Oil Change, Walmart, Aldi, McDonald's, Taco Bell, Home Depot, Walgreens, O'Reilly Auto Parts, Bob Evans And Many More
  • Strong Demographics For Market Size | Average Household Incomes Exceeding $83,833 Within 1 Mile
  • Flexible C-2 Zoning | Allows For Retail, Medical, Restaurant, And Service-Oriented Uses
  • Frontage On E. State St, Southeast Blvd, & E. Pershing St | Located 70-Miles To Cleveland And 70-Miles To Pittsburgh

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Listing Syndicated From

Buildout
For Sale
$2,100,000
Asking Price