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    817 W Main Street , Ravenna, OH 44266 Ravenna, OH 44266

    Sponsored
    For Sale
    $409,900

    Completely renovated, multi-use commercial space.

    Property size:
    784,081 SF

    Description

    Added:
    Jan 9, 2025
    Days on Market:
    362
    This extensively renovated 784,081 square foot commercial building is ideally situated just west of downtown Ravenna, Ohio, at 817 W Main Street, 44266. Recently approved for multi-use purposes by the Ravenna council, this property presents a unique opportunity for a variety of businesses. The building boasts a prime location, making it perfect for retail, office, or medical uses. A significant feature is the large warehouse attached to the rear, offering substantial additional space. Undergone a complete transformation in 2023, the building features brand new electrical and plumbing systems, a new roof, attractive exterior stone veneer, a freshly paved asphalt driveway, and a state-of-the-art HVAC system, including new air conditioning and hot water tank. The interior has been completely repainted, and waterproofing has been implemented. All appliances are included, making this a truly move-in ready property. Please note that the listed square footage does not include the garage or warehouse area. This exceptional property is offered at $409,900.

    Property Features for 817 W Main Street , Ravenna, OH 44266

    General Information

    Property type
    Retail residential properties
    Square Feet
    784,081 SF
    Elevators
    N/A

    Building Details

    Year Built
    1920

    HighLights

    • Completely renovated 784,081 sq ft commercial building in Ravenna, OH.
    • New roof, HVAC, plumbing, electric, and exterior updates completed in 2023.
    • Multi‑use zoning allows for retail, office, or medical uses; large warehouse included.
    Location Intelligence

    Current Use by Public Records

    Retail residential properties

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Ravenna
    State
    Ohio
    Longitude
    -81.254638
    Latitude
    41.157832

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    FAQs

    What type of property is this?
    Retail residential property - Completely renovated, multi-use commercial space.
    Where is this retail residential property located?
    The property is located at 817 W Main Street , Ravenna, OH 44266 Ravenna, OH.
    What is the asking price?
    The asking price for this property is $409,900.
    What are key features of this property?
    This property features: Completely renovated 784,081 sq ft commercial building in Ravenna, OH.; New roof, HVAC, plumbing, electric, and exterior updates completed in 2023.; Multi-use zoning allows for retail, office, or medical uses; large warehouse included.
    (330) 856-7777
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    817 W Main Street , Ravenna, OH 44266 Ravenna, OH 44266
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    817 W Main Street , Ravenna, OH 44266 Ravenna, OH 44266
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