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    136 Main St Ravenna, OH 44266

    For Sale
    $250,000

    Downtown Ravenna Investment Opportunity

    Property size:
    3,300 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    309
    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 Features for 136 Main St

    General Information

    Property type
    Other commercial real estate
    Square Feet
    3,300 SF
    Lot Size
    5,227 SF

    Building Details

    Year Built
    1968
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Nick Polichena BHHS ... Real Estate Agent Berkshire Hathaway HomeServices ... Real Estate Agency

    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
    Ravenna
    County
    Portage
    State
    Ohio
    Longitude
    -81.24174
    Latitude
    41.1574

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    FAQs

    What type of property is this?
    Commercial real estate - Downtown Ravenna Investment Opportunity
    Where is this commercial real estate located?
    The property is located at 136 Main St Ravenna, OH.
    What is the asking price?
    The asking price for this property is $250,000.
    (330) 677-3430
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    136 Main St Ravenna, OH 44266
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    Ravenna, OH 44266
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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
    136 Main St Ravenna, OH 44266
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