Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search

    504 Lake Ave Ashtabula, OH 44004

    Sponsored
    For Sale
    $249,900

    Elegant sanctuary, versatile space, huge potential.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This stunning 1910 historical property, located at 504 Lake Avenue in Ashtabula, Ohio, presents a unique investment opportunity. Currently operating as a church, this well-maintained building offers a captivating sanctuary featuring inspiring stained-glass windows. Beyond the main sanctuary, a spacious and comfortable room provides ample space for relaxation, meetings, or gatherings. A separate nursery room adds to the property's versatility. The lower level boasts a substantial banquet/recreation room, perfect for large events or community functions. A significant advantage is the inclusion of a large, fully equipped kitchen, streamlining the process of catering events and minimizing logistical challenges. The property sits on a 0.43-acre lot, offering potential for expansion or outdoor amenities. Priced at $249,900, this property offers a rare blend of historical charm, functional spaces, and significant potential for diverse uses. Its prime location in Ashtabula provides excellent accessibility and visibility. The building's excellent condition and versatile layout make it an ideal candidate for adaptive reuse, potentially transforming it into a community center, event venue, or even a unique residential conversion project, subject to local zoning regulations. Serious inquiries are encouraged to explore the possibilities this exceptional property offers.

    Property Features for 504 Lake Ave

    General Information

    Property type
    Other commercial real estate
    Lot Size
    18,731 SF

    Building Details

    Year Built
    1910
    Property Profile Location Intelligence

    Current Use by Public Records

    Faith Lutheran Church Lutheran Church

    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
    Ashtabula
    County
    Ashtabula
    State
    Ohio
    Longitude
    -80.8045
    Latitude
    41.8965

    Nearby Similar for Sale

    • $148,000
      0.41 Acres

      Updated Office Building in Ashtabula

      Updated office building with excellent visibility and accessibility in Ashtabula.
      3312 Lake Ave, Ashtabula, OH 44004
      View Details
    • $159,900
      1,824 SF

      Ashtabula Ranch Duplex For Sale

      Ranch duplex with two units, long-term tenants, and recent updates.
      902 E 13Th St, Ashtabula, OH 44004
      View Details
    • $320,000
      0.33 Acres

      Ashtabula Commercial Building For Sale

      5,412 SF commercial building suitable for retail or vehicle-related ventures.
      4714 Main Ave, Ashtabula, OH 44004
      View Details
    • $119,500
      0.96 Acres

      Ashtabula Commercial Building with Loading

      6,000 SF building with loading docks on 0.96-acre lot.
      3104 State Rd, Ashtabula, OH 44004
      View Details
    • $2,880,000
      2,200 SF

      New Starbucks with Drive-Thru

      New Starbucks with 10-year lease in Ashtabula, OH.
      3111 N Rdg Usr 20 Rd, Ashtabula, OH
      View Details
    • $1,600,000
      3,199 SF

      Pizza Hut NNN Investment Opportunity

      Long-term Pizza Hut NNN lease with rental increases.
      1951 W Prospect Rd, Ashtabula, OH 44004
      View Details
    • $3,500,000
      283,527 SF

      283,527 SF Industrial Building

      Industrial building with leased areas and available space.
      4200 Benefit Ave, Ashtabula, OH 44004
      View Details
    • $800,000
      43,746 SF

      43,746 SF Multi-Use Building

      Multi-use building on 13.95 acres near I-90.
      3729 Jefferson Rd, Ashtabula, OH 44004
      View Details
    • $425,000
      10,452 SF

      Industrial Building with Crane Access

      10,452 SF industrial building featuring cranes and office space.
      237 State Rd, Ashtabula, OH 44004
      View Details
    • $85,000
      8,736 SF

      Prime Ashtabula Industrial Space

      Huge Warehouse, Great Location, $85k
      516 48Th St, Ashtabula, OH 44004
      View Details
    • $410,000
      2,448 SF

      Historic Ashtabula Restaurant Building

      Prime Location, Endless Potential, Turnkey Operation
      4861 Ridge Rd, Ashtabula, OH 44004
      View Details
    • $89,000
      6,771 SF

      Prime Ashtabula Retail Redevelopment

      0.42-acre corner lot, two buildings
      4306 West Ave, Ashtabula, OH 44004
      View Details

    FAQs

    What type of property is this?
    Commercial real estate - Elegant sanctuary, versatile space, huge potential.
    Where is this commercial real estate located?
    The property is located at 504 Lake Ave Ashtabula, OH.
    What is the asking price?
    The asking price for this property is $249,900.
    (440) 964-7142
    Request Owner's contact information
    504 Lake Ave Ashtabula, OH 44004
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    504 Lake Ave
    Ashtabula, OH 44004
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    504 Lake Ave Ashtabula, OH 44004
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.