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Updated Single-Story Office Building
New
For Sale
$267,500

1047 Lake Avenue, Ashtabula, OH 44004

CommercialSale, Ashtabula, OH

Property Size3,560 SF
Lot Size0.42 Acres
Price / SF$75.14
Days on Market5

Property Features for 1047 Lake Avenue

General Information

Property type Commercial Sale
Property subtype Office
Zoning description Commercial
Parking 20
Parking features Parking Lot, Oversize, Driveway
Elementary school district Ashtabula Area CSD - 401
Middle school district Ashtabula Area CSD - 401
High school district Ashtabula Area CSD - 401
Directions From Rt 11 and Rt 20 interchange, Head west on Rt 20 1 mile to Lake Ave., head north on Lake Ave 1.8 miles, property is on your left (west) side on the corner of W. 11th and Lake Ave. From the corner of Bridge Street and Lake Ave, head south .6 miles, the property is on your right (west side) just past Purola's Harbor Deli
Standard status Active
APN 684030015900
Lot size 0.42 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 4053

Utilities

Heating system Forced Air, Natural Gas, Heat Pump (Heating)
Cooling system Central Air

Building Details

Year built 1968
Roof type Rubber
Listing Agency: Berkshire Hathaway HomeServices Professional Realty
Listed By: Victoria S Miller · License #412174
Added: Sep 13 Changed: Sep 15 Last Checked: Sep 17 at 11:06AM
MLS# 5236372

Copyright © 2026 MLS Now. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 3,560-square-foot, single-story office building sits on a 0.417-acre corner parcel and combines professional office space with an existing salon layout. The front 1,600 square feet includes two bathrooms and a break room, while the balance provides offices, one bathroom, a kitchenette, and a utility closet. The building is accessible and has received updates to most windows, the HVAC system, roof, and parking lot.

Located at 1047 Lake Avenue in Ashtabula, the property provides entry and exit from both the main and side streets. On-site improvements include a parking lot, oversized parking, and a driveway. The property was built in 1968, has a rubber roof, and uses forced-air, natural gas, and heat-pump heating with central air conditioning.

Key Highlights

  • 3,560‑square‑foot single‑story office building on 0.417 acres
  • Front 1,600 square feet configured as a hair and nail salon
  • Professional office area includes one bathroom, kitchenette, and utility closet

Property Analytics

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Current Use

First Impressions Salon Hair Salon Advanced Management Systems Tax Preparation

Suggested Use

Top Pick Real Estate Agency Building Supply Auto Repair Shop Law Firm Big Box & Wholesale Store Dental Office

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

339
Businesses Nearby

Demographics for 44004, OH

31,661
Population
15,262
Households
2.1
Avg Household Size
44
Median Age
15%
College-Educated
87%
High-School Grad
74.1 sq mi
ZIP Area
427
Density / Sq Mi
$49,507
Median Household Income
$31,471
Median Earnings
$813
Median Rent
$120,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Office building - Corner-lot property offers accessible, flexible space with updated HVAC, roof, windows, and parking.
Where is this office building located?
The property is located at 1047 Lake Avenue Ashtabula, OH.
What is the asking price?
The asking price for this property is $267,500.
What are key features of this property?
This property features: 3,560‑square‑foot single‑story office building on 0.417 acres; Front 1,600 square feet configured as a hair and nail salon; Professional office area includes one bathroom, kitchenette, and utility closet
More about this property
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