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    4306 West Ave Ashtabula, OH 44004

    For Sale
    $89,000

    0.42-acre corner lot, two buildings

    Property size:
    6,771 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    306
    This exceptional 0.42-acre commercial property, located at 4306 West Avenue in Ashtabula, Ohio, presents a unique redevelopment opportunity. The property boasts a prime corner location in the heart of the city, offering excellent visibility and accessibility. The site encompasses three parcels of land and includes two existing buildings, totaling 6,771 square feet, currently vacant. The buildings' historical use included a retail space, previously a neighborhood beverage store, with a residential apartment above. A separate single-family bungalow is also situated on the property. This presents a versatile canvas for a variety of commercial ventures, from retail to mixed-use developments. The substantial size of the lot and the existing structures offer significant potential for adaptive reuse or new construction. The property's central Ashtabula location ensures high foot traffic and easy access to local amenities and transportation routes. This is an ideal investment for developers seeking a high-impact project in a thriving urban setting. The asking price is $89,000, making this a compelling opportunity for significant return on investment. Serious inquiries are encouraged to schedule a viewing and explore the possibilities this property offers. Don't miss this chance to acquire a key piece of Ashtabula real estate.

    Property Features for 4306 West Ave

    General Information

    Property type
    Retail properties
    Square Feet
    6,771 SF
    Lot Size
    18,295 SF

    Building Details

    Year Built
    1910
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail properties

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Ashtabula
    County
    Ashtabula
    State
    Ohio
    Longitude
    -80.79732
    Latitude
    41.86619

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    FAQs

    What type of property is this?
    Retail property - 0.42-acre corner lot, two buildings
    Where is this retail property located?
    The property is located at 4306 West Ave Ashtabula, OH.
    What is the asking price?
    The asking price for this property is $89,000.
    (440) 255-5500
    Request Owner's contact information
    4306 West Ave Ashtabula, OH 44004
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    Ashtabula, OH 44004
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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
    4306 West Ave Ashtabula, OH 44004
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