Skip to main content

Vacant-User

Auction - Former Kroger | 58,433 SF | 10K VPD

1316 Oak Harbor Rd, Fremont, OH 43420

Listing Price: $250,000

Gross SF
58,433
Rentable SF
58,433
Price/Gross SF
$4.28
Lot Size
16.27 acres
Year Built
1969

Investment Overview

Register to Bid and Access Due Diligence Documents on RealINSIGHT Marketplace

CBRE and Marcus & Millichap are pleased to present a vacant, free-standing building formerly occupied by Kroger located at 1316 Oak Harbor Road in Fremont, Ohio (the “Property”). The Property is offered significantly below replacement cost and offers an exceptional owner/user or investment opportunity with significant value enhancement potential via repositioning at a significant discount.

The Property is improved with a single-story, free-standing building totaling ±58,433 square feet and is strategically positioned on ±4.94 acres with ample, dedicated parking. Zoned B-2, General Commercial, this zoning offers favorable flexible zoning allowing for a variety of commercial and retail uses via adaptive reuse or repositioning including medical marijuana dispensary, medical services, office, personal storage, restaurant, financial services, and many others. Kroger relocated up the street and is in close proximity to its former space. Tenants nearby include Parkview Care Center, Dollar General, Rite Aid, Goodwill, Asian Buffet, El Rancho, Pizza Hut and more. The Property does not include the outparcel that is now Pizza Hut.

Situated in Sandusky County, Fremont enjoys a prime location along the Sandusky River and is conveniently accessible via major transportation routes such as the Ohio Turnpike and State Routes 6 and 20. The Property benefits from excellent visibility on Oak Harbor Drive with traffic counts of 9,620 vehicles per day and is located in a highly trafficked retail corridor about one minute away from State Route 22. As of 2023, the Property’s demographics have ±27,366 individuals residing within a 5-mile radius, with an average household income of ±$64,804.

Investment Highlights

  • STARTING BID $250,000 | Former Kroger | 58,433 SF | 10K VPD | AUCTION MARCH 25-27, 2024
  • 58,433 SF Freestanding Former Supermarket Building (Kroger) within Retail Plaza with Numerous National Tenants
  • National Co-tenants (not included in sale): Rite Aid, Wendy's, Joann, Ace Hardware, Goodwill, Advance Auto Parts, US Bank, and Dairy Queen
  • Nearby Retailers: Walmart (2-miles), Lowe's, Aldi, Harbor Freight, Walgreens, and more
  • Attractive Area That Services ±22,479 Individuals within 3-Mile Radius and ±27,366 Individuals in a 5-Mile Radius with an AHHI of $64,804
  • Zoned B-2, General Commercial with a Variety of Commercial and Retail Uses including Personal Storage
  • 9,620 VPD Traffic on Oak Harbor Road with Excellent Visibility and Quick Access to SR 22 and I-90

Exclusively Listed By

Broker of Record

  • Michael L. Glass

    Senior Vice President / Division Manager

    (614) 360-9800

    License(s) OH: BRK.2007005898

    Ohio

Vacant-User

Auction - Former Kroger | 58,433 SF | 10K VPD

Listing Price: $250,000

Gross SF
58,433
Rentable SF
58,433
Price/Gross SF
$4.28
Lot Size
16.27 acres
Year Built
1969

Investment Highlights

  • STARTING BID $250,000 | Former Kroger | 58,433 SF | 10K VPD | AUCTION MARCH 25-27, 2024
  • 58,433 SF Freestanding Former Supermarket Building (Kroger) within Retail Plaza with Numerous National Tenants
  • National Co-tenants (not included in sale): Rite Aid, Wendy's, Joann, Ace Hardware, Goodwill, Advance Auto Parts, US Bank, and Dairy Queen
  • Nearby Retailers: Walmart (2-miles), Lowe's, Aldi, Harbor Freight, Walgreens, and more
  • Attractive Area That Services ±22,479 Individuals within 3-Mile Radius and ±27,366 Individuals in a 5-Mile Radius with an AHHI of $64,804
  • Zoned B-2, General Commercial with a Variety of Commercial and Retail Uses including Personal Storage
  • 9,620 VPD Traffic on Oak Harbor Road with Excellent Visibility and Quick Access to SR 22 and I-90

Investment Overview

Register to Bid and Access Due Diligence Documents on RealINSIGHT Marketplace CBRE and Marcus & Millichap are pleased to present a vacant, free-standing building formerly occupied by Kroger located at 1316 Oak Harbor Road in Fremont, Ohio (the “Property”). The Property is offered significantly below replacement cost and offers an exceptional owner/user or investment opportunity with significant value enhancement potential via repositioning at a significant discount. The Property is improved with a single-story, free-standing building totaling ±58,433 square feet and is strategically positioned on ±4.94 acres with ample, dedicated parking. Zoned B-2, General Commercial, this zoning offers favorable flexible zoning allowing for a variety of commercial and retail uses via adaptive reuse or repositioning including medical marijuana dispensary, medical services, office, personal storage, restaurant, financial services, and many others. Kroger relocated up the street and is in close proximity to its former space. Tenants nearby include Parkview Care Center, Dollar General, Rite Aid, Goodwill, Asian Buffet, El Rancho, Pizza Hut and more. The Property does not include the outparcel that is now Pizza Hut. Situated in Sandusky County, Fremont enjoys a prime location along the Sandusky River and is conveniently accessible via major transportation routes such as the Ohio Turnpike and State Routes 6 and 20. The Property benefits from excellent visibility on Oak Harbor Drive with traffic counts of 9,620 vehicles per day and is located in a highly trafficked retail corridor about one minute away from State Route 22. As of 2023, the Property’s demographics have ±27,366 individuals residing within a 5-mile radius, with an average household income of ±$64,804.

Exclusively Listed By

Broker of Record

  • Michael L. Glass

    Senior Vice President / Division Manager

    (614) 360-9800

    License(s): OH: BRK.2007005898

    Ohio

MM Texture Background
MM Textured Background Lower