Colliers represents the opportunity to acquire a 1.4-acre commercial parcel at 1050 Valley Street, previously developed for a freestanding McDonald’s, now offered vacant and ready for a wide variety of commercial operations.
The subject site benefits from over 200 feet of direct frontage along Valley Street, allowing built-in daily traffic exposure to any new business and signage. A couple of local shopping centers further surround the site. They are anchored by tenants such as Caps Mini Mart, Discount Drug Mart, Gionino’s Pizzeria, Subway, Great Clips, and Internal Medical Physicians.
US Route 30 (1.5 miles) runs through Minerva and acts as a thoroughfare to Canton, 16 miles west. The Akron-Canton Regional Airport is 28 miles northwest, while the Pittsburgh International Airport is 59 miles southeast. The Minerva Medical Center is located on Carolyn Court, less than 1 mile down the road.
10-mile demographics indicate a growing population of 33,542 residents and over 13,510 households. The average household income exceeds $81,000, and the realm generates a robust spending power of more than $406.9 million each year. Transportation and maintenance, food and beverage, and entertainment and hobbies are the three largest spending subsets, while household goods are not far behind.
Cleveland is a large, mature Midwest market defined by economic stability. Located in northeast Ohio, the five-county region is home to roughly 2.2 million residents and serves as a central hub for healthcare, manufacturing, and institutional employment. The metro continues to generate steady job growth supported by a diversified employment base and substantial industrial infrastructure.