Prime Development Opportunity – High-Traffic, High-Visibility
Commercial Lot! Rarely does a property like this become available!
This expansive 1+ acre lot is situated in a prime location with
unmatched exposure, making it ideal for your next commercial project.
Surrounded by thriving businesses and located adjacent to a newer
Dollar General (on land purchased from this seller), this property
offers incredible potential for development. While the lot currently
features a 3-bedroom, 2-bath home in need of extensive repairs, the
true value lies in the land. Whether you choose to rehab the existing
structure or start fresh with a new commercial build, the
possibilities are endless. Utilities, including gas, water, and
electric, are conveniently located at the street (buyer to verify all
connections). This high-demand area is bustling with new commercial
construction, making it a hot spot for retail, office, or mixed-use
development. With its prime location and proximity to established
businesses, this is your chance to capitalize on a rapidly growing
market. Please note: The home is not available for showings (only for
serious inquiries) and is being sold as-is. The land, however, is
easily viewable for serious inquiries. Don’t miss this
opportunity—call today for more details!
Lot/land
$115,000
551 N Main St, Grafton, OH 44044
--beds
0baths
1.02Acres
Unimproved Land
Built in ----
1.02 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 198 days
- on Zillow |
- 148 |
- 3 |
Zillow last checked: 7 hours ago
Listing updated: July 18, 2025 at 07:04am
Listing Provided by:
Christopher A Frederick thefrederickteam@gmail.com216-210-7653,
Coldwell Banker Schmidt Realty,
Patricia A Frederick 440-537-4685,
Coldwell Banker Schmidt Realty
Source: MLS Now,MLS#: 5096218
Originating MLS: Lorain County Association Of REALTORS

Travel times
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Property
Parking
- Parking features: Unpaved
Features
- Has view: Yes
- View description: City
Lot
- Size: 1.02 Acres
- Dimensions: 92 x 482
- Features: City Lot, Wooded, Level
- Topography: Level
Details
- Additional structures: Shed(s)
- Parcel number: 1100100101037
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: Eaton Township
HOA
- Has HOA: No
Location
- Region: Grafton
Financial & listing details
- Tax assessed value: $64,570
- Annual tax amount: $1,083
- Date on market: 1/24/2025
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