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    318 Orange St Conneaut, OH 44030

    Sponsored
    For Sale
    $500,000

    Established Business, Turnkey Ready, High-Demand Location

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This exceptional 3-bay automotive repair shop at 318 Orange Street, Conneaut, OH, presents a unique opportunity for a savvy investor. Spanning a 0.23-acre lot, this fully operational business boasts a top-of-the-line setup, ready for immediate operation. The current owners, with over 20 years of experience, have cultivated a substantial and loyal customer base, ensuring a smooth transition for the new owner. The shop features a custom-built front office and waiting area, complete with ample storage and a welcoming atmosphere, providing a comfortable space for client interactions and overlooking the convenient parking lot. The garage is equipped with three lifts, a comprehensive Snap-on diagnostic center, a Snap-on battery charger, a pipe bender with dies, a 10hp plumbed air compressor with hose reel, a Snap-on tire machine and balancer, oil caddies with oil tanks and a pump system, and an alignment machine and rack. The building is equipped with 3-phase electric, mini-split air conditioning units in the office, and a security alarm system. The asking price is $500,000. The current owners are open to assisting with a seamless business transfer, offering valuable continuity and support for the new operator. This is a rare chance to acquire a thriving, established business with significant potential for growth in a desirable location.

    Property Features for 318 Orange St

    General Information

    Property type
    Other commercial real estate
    Lot Size
    10,019 SF

    Building Details

    Year Built
    1926
    Property Profile Location Intelligence

    Current Use by Public Records

    State Street Auto ... Auto Repair Shop

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Conneaut
    County
    Ashtabula
    State
    Ohio
    Longitude
    -80.56226
    Latitude
    41.94511

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    FAQs

    What type of property is this?
    Commercial real estate - Established Business, Turnkey Ready, High-Demand Location
    Where is this commercial real estate located?
    The property is located at 318 Orange St Conneaut, OH.
    What is the asking price?
    The asking price for this property is $500,000.
    (440) 576-7355
    Request Owner's contact information
    318 Orange St Conneaut, OH 44030
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    Conneaut, OH 44030
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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
    318 Orange St Conneaut, OH 44030
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