720 Medina StreetMedina, OH 44254

720 Medina StreetMedina, OH 44254

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$279,000 Active
Commercial - Business MLS 5157995
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Listed By

Agency Name: Plum Tree Realty, LLC
Agency Contact: 419-706-6511, support@plumtreerealty.com

Shown By

Agency Title: Cutler Real Estate
Agency Phone: 888-763-7575

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Property Description

Zoned Commercial, formerly a longtime community staple diner, this property began renovations in approximately 2019 which included a complete gut job! New framing and trusses, new roof, new white vertical siding, and new black vinyl windows. Incredibly aesthetically pleasing property with .75 acre. Room for a large parking lot right off of Rt 224 and 42, with close proximity to I-71, a honeypot of great parking, traffic, and accessibility! Wide open floor plan optimal for so many different uses. 2337 total square feet. Finish this project to fit the specific needs of your business or organization! Shed built in 1980 could be finished or used as additional storage. Nearby traffic counts: 3,000-10,000 cars per day.

720 Medina Street | MLS# 5157995

This commercial property located at 720 Medina Street, Medina, OH 44254 is currently listed for sale with an asking price of $279,000. Medina Street is located within the Cloverleaf Local school district. Search Medina real estate on 762hunterstrail.cutlerhomes.com today.

Property Features

Property Type: Commercial - Business
Days on Market: 180
Heating: Other
Lot Size: 0.75 Acres
Taxes: $1,255 / year
Year Built: 1940

Feature Descriptions

Parcel#: 015-26A-05-002

Local Schools

School District: Cloverleaf Local

Demographics

Medina County Demographic Information for 720 Medina Street, Medina, OH 44254
Fips
Fips Code 39103
Population
2020 to 2023 Change up 0.9%
2010 Count 172,332
2020 Count 182,470
2023 Estimate (V2023) 184,042
2020 Estimate (V2023) 182,475
Age Distribution (Years Old)
0 to 4 4.8%
5 to 17 21.1%
18 to 64 53.9%
65 and Older 20.2%
Gender
Male 49.8%
Female 50.2%
Place of Birth
Foreign 3.0%
US 97.0%
Education
High School Graduate, Age 25+ 95.0%
Bachelor's Degree or Higher, Age 25+ 35.9%
Computer and Internet use
Households with a computer 95.5%
Households with a broadband Internet subscription 90.2%
Language
English is Second Language, Age 5+ 4.2%
English is First Language, Age 5+ 95.8%
Veterans
Veterans 9,835
Income
Per Capita Income $45,038
Median Household Income $89,968
People in Poverty 6.8%
Commute
Average Work Commute Time 27 minutes
Housing
Total Housing Units 76,088
Households 72,097
Average Household Size 2.51
Owner-Occupied 79.8%
Multi-Family 15.2%
Owner-Occupied Median Value $249,700
Median selected monthly owner costs -with a mortgage $1,647
Median selected monthly owner costs -without a mortgage $613
Median gross rent $1,053
Building Permits
New Private Housing Issued 2023 669
Years at Residence
1 Year or More 91.4%
Less Than 1 Year 8.6%
Business and Employment
Private non-farm Establishments 4,033
Private non-farm Employment 53,928
Private non-farm Employment Growth down 0.2%
Nonemployer Establishments 14,969
Number of Firms 15,041
Business Production
Value of Shipments $3,161,914,000
Wholesale Trade $2,460,698,000
Retail Trade $3,119,464,000
Retail Sales Per Capita $15,266
Accommodation and Food Services $276,209,000
Land
Land Area 421.36 sq. miles
Population Per Square Mile 409

Source: US Census Bureau

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