North Olmsted, OH Commercial Real Estate for Lease and Sale

Explore 28 listings of North Olmsted commercial real estate to find the best space for your business.

For Sale | For Lease in North Olmsted

26800 Lorain Rd, North Olmsted, OH
Property

Other

7,821 SF
For Sale Contact for pricing
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McCormick Place

23250 Lorain Road, North Olmsted, OH
Property

Retail

6,000 SF
Availability

1 Space

6,000 SF
For Lease Contact for pricing
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North Olmsted Towne Center - East & West

24800 Brookpark Road, North Olmsted, OH
Property

Office

297,467 SF
Availability

3 Spaces

7,247 SF
Year Built

2005
For Lease Contact for pricing
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25896 Butternut Ridge Road

25896 Butternut Ridge Road, North Olmsted, OH
Property

Land
For Sale

$495,000/SF
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What type of listing property are you looking for?

Office Retail Industrial

Retail Land
Great Northern Corporate Center I

25000 Country Club Blvd, North Olmsted, OH
Property

Office

109,708 SF
Availability

2 Spaces

46,014 SF
Year Built

1985
For Lease

$19.50/SF/YR
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Great Northern Corporate Center III

25050 Country Club Blvd, North Olmsted, OH
Property

Office

70,519 SF
Availability

2 Spaces

17,670 SF
Year Built

1999
For Lease

$19.50/SF/YR
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Millennium Place East

25111 Country Club Blvd, North Olmsted, OH
Property

Office

72,040 SF
Availability

11 Spaces

46,673 SF
Year Built

1986
For Lease

$18.50/SF/YR
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31351-31399 Lorain Road

31383 Lorain Road, North Olmsted, OH
Property

Industrial

41,070 SF
Availability

1 Space

5,760 SF
Year Built

1997
For Lease Contact for pricing
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Great Northern Corporate Center II

24950 Country Club Blvd, North Olmsted, OH
Property

Office

104,500 SF
Availability

2 Spaces

6,724 SF
Year Built

1987
For Lease Contact for pricing
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Great Northern Plazas

25853 Brookpark Road, North Olmsted, OH
Property

Retail

668,976 SF
Availability

11 Spaces

112,145 SF
Year Built

1959
For Lease Contact for pricing
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For Sale | For Lease in North Olmsted

26800 Lorain Rd, North Olmsted, OH
Property

Other
Availability

1 Space

7,821 SF
For Lease Contact for pricing
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Princeton Plaza

4701-4763 Great Northern Blvd, North Olmsted, OH
Property

Retail

24,000 SF
Availability

1 Space

3,500 SF
For Lease Contact for pricing
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25675 Lorain Road

25675 Lorain Rd, North Olmsted, OH
Property

VacantLand

0.32 SF
For Sale

$250,000
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25757 - 25761 Lorain Road

25757 - 25761 Lorain Road, North Olmsted, OH
Property

Office

3,725 SF
Availability

2 Spaces

3,725 SF
For Lease

$18.50/SF/YR
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29000 Lorain Road

29000 Lorain Road, North Olmsted, OH
Property

Retail

10,800 SF
Availability

1 Space

10,657 SF
For Lease Contact for pricing
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24025 Lorain Rd

24025 Lorain Rd, North Olmsted, OH
Property

Retail

5,000 SF
Availability

1 Space

5,000 SF
Year Built

1979
For Lease Contact for pricing
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Retail Space in North Olmsted

23420 Lorain Rd North Olmsted, North Olmsted, OH
Property

Retail
Availability

1 Space

1,200 SF
Year Built

2006
For Lease Contact for pricing
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31134 Lorain Road

31134 Lorain Rd, North Olmsted, OH
Property

Land

15 Acre
For Sale Contact for pricing
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Plaza West - 23130-23150 Lorain Road

23130 Lorain Road, North Olmsted, OH
Property

Retail

40,020 SF
Availability

3 Spaces

3,750 SF
For Lease Contact for pricing
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Laser Wash

25056 Lorain Road, North Olmsted, OH
Property

Retail

2,307 SF
For Sale

$1,950,000
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Columbia Plaza

4579-4695 Great Northern Blvd, North Olmsted, OH
Property

Retail

25,000 SF
Availability

1 Space

2,600 SF
For Lease Contact for pricing
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27048 Lorain Rd

27048 Lorain Rd, North Olmsted, OH
Property

VacantLand

4,000 SF
Availability

1 Space

4,000 SF
Year Built

1989
For Lease Contact for pricing
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27048 Lorain Rd

27048 Lorain Rd, North Olmsted, OH
Property

VacantLand

4,000 SF
Year Built

1989
For Sale Contact for pricing
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3-Story Department Store

25801 Brookpark Rd, North Olmsted, OH
Property

Retail

231,313 SF
For Sale Contact for pricing
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Redevelopment Opportunity, Former Restaurant Site

24941 Country Club Boulevard, North Olmsted, OH
Property

Retail

5,620 SF
Year Built

1995
For Sale

Subject To Offer
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Dover Professional Building

4859 Dover Center, North Olmsted, OH
Property

Office

17,904 SF
Availability

1 Space

1,370 SF
For Lease

$13.75/SF/YR
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Ashley Furniture Plaza

26520 LORAIN RD, North Olmsted, OH
Property

Retail

19,115 SF
Availability

3 Spaces

19,115 SF
For Lease Contact for pricing
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27116 Lorain Road

27116 Lorain Road, North Olmsted, OH
Property

VacantLand

0.3 Acre
For Sale Contact for pricing
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Frequently Asked Questions

Commercial real estate is a broad category that includes a high variety of space types designed to meet the needs of various industries of the local economy and their specialized subsectors, as presented in our real estate 101 guide to types of commercial real estate. However, there are three main categories that you are most likely to come across: office, retail, and industrial space.

Modern office space is typically organized over large floor plates bound by high ceilings and large windows for an abundance of natural light and is located in transit-oriented developments with good access to multiple modes of transportation, so as to facilitate employee commute. The North Olmsted commercial real estate market incorporates 675,863 square feet of office space across 8 buildings.

Office buildings can also accommodate coworking spaces, which are shared office options that typically cater to the needs of small, startup businesses that require flexible workspaces, a concentration of amenities, and services that can be accessed on an occasional or short-term basis.
Retail space includes shopping malls, department stores, street retail, or specialty stores dedicated to a narrow range of products. Such properties are typically located in high foot-traffic and/or car traffic areas, to facilitate customer access. The North Olmsted commercial real estate market includes 998,131 square feet of retail space in a variety of settings.
Industrial property most often serves businesses operating in manufacturing or logistics and generally consists of large open spaces located within good access to roads, railways, freight airports or regional water ports. Industrial space listings can include warehouses, manufacturing plants, distribution centers, flexible industrial space, or even data center facilities. Across the North Olmsted market, there is a total of 41,070 square feet of industrial property.

The listing inventory in North Olmsted incorporates commercial real estate for lease and for sale of almost all property types and subtypes. However, you’ll find some categories offer more rental or investment opportunities than others.

The largest share of commercial real estate space for lease in North Olmsted is represented by Retail space, which accounts for 135,853 square feet of available listings. Office space available in North Olmsted adds up to 129,423 square feet.

Meanwhile, most of the listings of commercial property for sale in North Olmsted are in the Retail category.

The price of renting or buying commercial real estate is influenced by a variety of factors, including: the property type (for example, office space is priced higher than other property types in most locations); the condition and asset class rating (property rated class A or above will typically command a higher price than lower grade classifications); the quality or the development potential of the property location; whether or not there is high demand for the type of commercial asset in question; and what the state of supply is relative to demand.

The average rent for commercial real estate space listed for lease in North Olmsted is $18.74 per square foot. However, this value does not offer enough perspective on its own, as you will find significant variation in prices across property types, property classes, and location, as well as other impacting factors. For instance, rent per square foot of office space in North Olmsted can vary greatly depending on the rating of the property from Class A to Class C, as well as across the city depending on the location of the asset.

Whether you are looking for commercial real estate for lease or commercial property for sale, the best choice of location depends on the factors that are most relevant to your business strategy. A good thing to look for at the start, however, is the areas of the city that have the highest concentration of your preferred type of property, as these areas are generally well connected to the amenities and points of interest that are most relevant to each property type.

As such, there are several areas that you could consider to be the best location for commercial real estate in North Olmsted, depending on the property type you are interested in.

Select your preferred property type from the search filters menu at the top of the search page and then navigate the interactive map for a better view of commercial real estate availability in the locations most suited to your needs.

Regardless of whether buying or leasing commercial space is a new experience for you, there are significant benefits to working with a commercial real estate broker. In addition to saving you time and money, an experienced broker will contribute specialist knowledge of the local market, the property type you need representation for, and will handle negotiations on your behalf in your best interest.

To start, it is important for you to have a good understanding of what kind of broker you need. For instance, there are differences between a tenant broker and a listing broker. Also important at the start is to have a clear idea of what kind of space (or tenant) you are looking for and what (if any) particular needs and requirements you might have. And, while it is good to get a referral, you should interview several brokers to better gauge who you feel would best represent your interests.

CommercialCafe hosts listings from some of the most trusted commercial real estate brokerages in the country. Use the contact form available on each listing page or the contact details for the property representatives to reach out and start your search!

The profitability of a commercial real estate investment depends on a multitude of factors working together. These factors include the quality of the asset itself — which itself includes aspects such as location, property class, amenities, and the quality of the property management — to the local market conditions, the state of the local economy, the demand for that particular type of commercial property, and of course the costs of owning and maintaining it relative to what leasing rate or sale price you get from the property. Asking rents in the city went as high as $19.5 per square foot. In particular, the property type commanding the highest lease rates in North Olmsted was Office space.

The average size of a commercial property in North Olmsted depends greatly on the property type and the location — geographical possibilities and zoning allowances have significant influence on how big developers can build. While there are outliers that break height or volume records in the city, we can look at some average sizes by property use:

In North Olmsted, the average size of an office property is 96,552 square feet.
Retail properties here incorporate an average of 99,814 square feet.
Industrial space in North Olmsted is in buildings that are, on average 41,070 square feet in size.

North Olmsted, OH Currently Available Listings

Commercial Space for Lease Breakdown

Commercial real estate listings for rent in North Olmsted currently add up to 310,971 square feet. The market offers 8 active office listing(s), which amount to 129,423 square feet and account for 38% of commercial spaces on the market. Local retail availability includes 163,967 square feet across 10 retail space(s). Industrial space for rent opportunities in North Olmsted amount to 5,760 square feet across a total of 1 warehouse and other industrial listing(s).

Property Type	Count of Listings	Total SF
Office	8	129,423
Retail	10	163,967
Industrial	1	5,760
Other	2	11,821

Commercial Space for Sale Breakdown

What’s more, if you are interested in making an investment in the local market, you can also find commercial real estate for sale in North Olmsted, OH. Currently, there is 251,077 square feet of commercial property for sale here , which includes , 3 retail investment opportunity listing(s) .

Property Type	Count of Listings	Total SF
Retail	3	239,240
Other	5	11,837

North Olmsted, OH Commercial Real Estate for Lease and Sale

Frequently Asked Questions

What are the different types of commercial real estate?

What types of commercial real estate are available in North Olmsted, OH?

What factors affect the price of commercial real estate in North Olmsted, OH?

What is the average rent for commercial space in North Olmsted, OH?

What are the best areas for commercial real estate in North Olmsted, OH?

How do I find a good commercial real estate broker?

What is the most profitable commercial real estate?

What is the average size of a commercial property in North Olmsted, OH?

North Olmsted, OH Currently Available Listings

Commercial Space for Lease Breakdown

Commercial Space for Sale Breakdown

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