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Commercial Buildings on Major Artery
For Lease
$459,000

833 Lake Avenue, Ashtabula, OH 44004

Two commercial buildings on 1.10 acres with utilities.

Space SizeContact for details
Property Size2,928 SF
Lot Size1.10 Acres
Days on Market138

Property Features for 833 Lake Avenue

General Information

Standard status Active
Size 2,928 SF
Lot size 1.10 Acres
Property subtype Retail
Listing Agency:
Listed By: David Comernisky
Source: Cbre
Added: Mar 25 Changed: Jul 10 Last Checked: Aug 8 at 6:52AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of David Comernisky

Investment Insights

Based on property information with market context.

Two free-standing buildings, one with 2,928 square feet and the other with 1,816 square feet, are situated on a 1.10-acre lot. The property is zoned for commercial use at a signalized intersection and is located on a major artery, offering excellent visibility and access. Available utilities include water, sewer, gas, and electricity.

Key Highlights

  • Price Reduced: Don't miss this opportunity for cost savings!
  • Two Free Standing Buildings: Offering flexible usage options or potential rental income.
  • 1.10 Acres: Ample space for various needs.

Property Analytics

Current Use

Retail space

Suggested Use

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

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

383
Businesses Nearby
52k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 43% Dining 31% Groceries 19% Home Improvements & Furnishings 7%
McDonald's Dining
15,922 visits/mo 0.1 miles
Circle K Shops & Services
14,561 visits/mo 0.1 miles
Save-A-Lot Groceries
9,917 visits/mo 0.1 miles
Dollar Tree Shops & Services
6,171 visits/mo 0.1 miles
Ace Hardware Home Improvements & Furnishings
3,651 visits/mo 0.1 miles

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

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Two commercial buildings on 1.10 acres with utilities.
Where is this retail space located?
The property is located at 833 Lake Avenue Ashtabula, OH.
What is the lease rate?
The lease rate is $459,000.
What are key features of this property?
This property features: Price Reduced: Don't miss this opportunity for cost savings!; Two Free Standing Buildings: Offering flexible usage options or potential rental income.; 1.10 Acres: Ample space for various needs.
More about this property
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