109 Jefferson St - Drug Store FOR SALE


Greenfield, OH 45123
$410,000 USD
614-309-1597
109 Jefferson St, Greenfield, OH for Sale
$410,000 USD
Drug Store - FOR SALE
1/8
null | Request Cap Rate

109 Jefferson St
Greenfield, OH 45123


HIGHLIGHTS

  • Dual frontage on Jefferson and N McArthur Streets with full access.
  • Former Rite Aid with existing infrastructure for retail conversion.
  • 26 parking spaces including 4 ADA-compliant spots.
  • Surrounded by national retailers and local institutions.
  • Located in a growing trade area with $5.37M in park improvements.
  • Zoned CN: Village Commercial, allowing flexible use options.

OVERVIEW

Positioned at the intersection of Jefferson Street and N McArthur Way, this 8,072 SF freestanding retail building offers exceptional visibility and access in the heart of Greenfield, Ohio. Formerly occupied by Rite Aid, the property is ideally suited for a wide range of commercial uses, benefiting from CN Village Commercial zoning and a strong surrounding tenant mix including Save-A-Lot, Dollar General, Burger King, and McDonald’s. This property is available for both sale and lease. The site features dual street frontage—121 feet on Jefferson Street and 122 feet on N McArthur Street—along with 26 dedicated parking spaces, including four ADA-compliant spots. Located adjacent to the Historic Smith Tannery House and within walking distance of Greenfield’s schools and medical facilities, the property is well-positioned to serve both local residents and regional visitors. Greenfield’s diverse employment base, anchored by manufacturing and educational institutions, supports steady daytime traffic. The area is further enhanced by a $5.37 million state investment in Felson Park, boosting its appeal as a travel destination. With over 8,000 vehicles per day on Jefferson Street and proximity to Chillicothe (just 32 minutes east), this site offers a compelling opportunity for retailers, service providers, or medical users seeking a strategic foothold in southern Ohio.

FOR SALE DETAILS

PRICE

$410,000 USD

PRICE/SF

$51 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Drug Store

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1950

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.23 AC

LAND SF

10,000 SF

ZONING

CN

APN/PARCEL ID

27-13-001-157.00

ASK ABOUT THIS PROPERTY

Kevin ThaxtonZelnik Realty, Ltd.More Info
614-309-1597

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Kevin ThaxtonZelnik Realty, Ltd.More Info
614-309-1597

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.