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Opportunity to Own a Mixed Use Property in South Town Medina 119 Lafayette Street, Medina, OH 44256
Availability:
for sale
Property Type:
Shopping Center / Retail
Year Built:
1891
Building Class:
C
Building Size:
2,102 SF
Land Size:
0.31 Ac
Price:
$375,000
Price per SF:
$178.40
Zoning:
Central Business District
Emily Faust
emily@gerspachergroup.com
(330) 722-5002
Property Description
A rare opportunity to own or occupy a character-rich commercial property just two blocks from Medina’s thriving Historic Public Square. Built in 1891, this 2,102 SF Victorian-era, Eastlake-style historic home has been thoughtfully renovated for commercial use, blending timeless architectural charm with modern business functionality. The first floor offers 1,200 SF of office or retail space, featuring a handicap-accessible entrance, a restroom, original hardwood floors, period woodwork, three rooms, and two fireplaces. Upstairs is a 902 SF, two-bedroom, one-bath apartment filled with beautiful natural light. A monument sign at the street ensures excellent visibility, while a rear parking lot accommodates up to six vehicles. The first and second floors are separately metered for utilities, offering flexibility for owner-occupants or investors seeking multi-tenant income potential. Zoned Central Business District, the property sits within Medina’s growing South Town area—a dynamic mix of residential and commercial uses that continues to attract entrepreneurs, boutique retailers, professional services, and creative businesses. Ideal for law offices, design studios, wellness practices, financial services, and more.
Area Description
Located on the north side of Lafayette Street between South Court Street and South Broadway, the property sits just two blocks south of Medina's Historic Public Square — one of Northeast Ohio's most celebrated and active downtown destinations. Medina is one of the fastest-growing counties in Ohio, with a strong and expanding consumer base. Lafayette Street is a primary north-south corridor through the city, providing easy access to U.S. Route 42 and SR-18, connecting the property to the broader regional market, including Akron (approximately 20 miles southeast) and Cleveland
(approximately 30 miles north).
Highlights
- Available: 2,102 SF | Price per SF: $178.57/SF
- First Floor (1,200 SF) Retail/office suite with 3 rooms, 2 fireplaces, and 1-ADA restroom
- First Floor Tenant (Black Cat Books & Oddities) - leased into May 2027
- Second Floor (902 SF) 2-bedroom, 1 bath apartment with a living room and beautiful natural light. Current lease through October of 2026
- Features: 1,072 SF Full basement and updated HVAC in 2020
- Utilities: Tenants pay gas, electric – 1st and 2nd floor are separately metered
- Signage: Available on building/monumental signage and on the road
- Parking: ± 6 spots in the rear with ample public parking nearby
- Zoning: Central Business District
- Traffic Count: ±7,800
- Annual Real Estate Taxes: Currently $4,060
Full Address: 119 Lafayette Street, Medina, OH 44256
Listing Type: FOR SALE
Status: Active
Building Class: C
Zoning: Central Business District
Region: M-EN
County: Medina County
Property ID: 4111034
Building Sf: 2,102
Parcel Num: 028-19D-01-014
Number Units: 1
Year Built: 1891
Features