Active

551 N Main Street

Grafton, OH 44044

$99,900 $421/Mo

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Overview

1.02

Acres(Lot)

Description

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 verif y 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!

Property Details

Property Type : Land

Price : $99,900

AD Id : 66038147

MLS Id : 5096218

Lot Size : 1.02 Acres(Lot)

County : Lorain

Subdivision: Rural Tract (no Subd)

Map

What's Nearby

Nearby Areas

Features

Lot Information

Lot Dimensions: 92x482 Main Square Feet: 1.02 Acres Lot Size Acres: 1.02 Lot Size Source: Public Records Lot Description: Level, City Lot, Wooded

Property Information

Subdivision: Eaton Township Source Property Type: Land

Listing Price Information

Listing Price: $99900 Original Price: $115000

Tax Information

Parcel Number: 11-00-100-101-037 Tax Year: 2023 Annual Tax: $1083

Parking Information

Unpaved

Location Information

Direction: Off Main St WaterSource: Public

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Nearby Home Value

Address	Estimate	Bed	Bath	Sq. Ft	Lot Size
V/L Capel Road, Grafton, OH, 44044	$60,000	--	--	--	0.46 Acre(Lot)
Capel Road, Grafton, OH, 44044	$50,000	--	--	--	1.44 Acres(Lot)
VL N Main Street, Grafton, OH, 44044	$89,900	--	--	--	1.20 Acres(Lot)
697 Main Street, Grafton, OH, 44044	$589,900	--	--	--	6.71 Acres(Lot)

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VL N Main Street,
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551 N Main Street,
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Capel Road,
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0.46

Acre(Lot)

The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of MLS Now. Real estate listings are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). Information Deemed Reliable But Not Guaranteed.

ByOwner last updated this listing 06/11/2026 @ 20:54

MLS: 5096218 LISTED BY: Christopher Frederick, Coldwell Banker Schmidt Realty 440-327-2123 SOURCE: MLS Now