Technical
Financial
Distress signals
Property profile

136 Main St Ravenna, OH 44266

OFF-MARKET
Retail space
Property ID
US66-2414312
1,740 SF 0.12 ac lot Built 1981
Entity Owned 5-yr Hold Free & Clear
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Property summary

AI-generated overview

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

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1981
Total area 1,740 SF
Lot 0.12 ac (5,401 SF)
APN 31-366-10-00-011
UPID US66-2414312

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Real Estate Agency
  • Real Estate Agency

Location

136 Main St Ravenna, OH 44266-3104
Ravenna metro Census 601000 AKRON, OH METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
by Request
Blend (final) Blend
$240k

Owner & transaction history

since 2021
1 recorded transaction
2021
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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