Property summary
This exceptional investment opportunity presents a newly remodeled, three-unit commercial building at 136 E Main Street, Ravenna, OH. Spanning 3,300 square feet on a 0.12-acre lot, this property is ideally situated in the Central Business District. Currently occupied by a diverse tenant mix including a pizza shop, a real estate office, and an office/retail space, this building offers immediate cash flow potential. The property includes approximately 10 parking spaces, a significant advantage in a downtown setting. The building's current configuration allows for flexibility in future tenant occupancy. The owner covers city water, sewer, property taxes, and building insurance, while tenants are responsible for utilities and their own insurance. Showings are available with a minimum of 24 hours' notice. The sale includes multiple parcels encompassing 134 E Main Street, 136 E Main Street, and 202 S Prospect Street. Prospective buyers are responsible for verifying that the zoning and building codes meet their intended use. This is a turnkey opportunity for an investor seeking a well-maintained, income-producing property in a vibrant downtown location. The asking price is $250,000. Don't miss this chance to acquire a prime piece of Ravenna real estate.
Property profile
VerifiedCap rate & NOI
Current use
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Real Estate Agency
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Real Estate Agency
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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Cap rate
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Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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