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Historic Restaurant Building
For Sale
Contact for pricing
Pending

4641 Main Avenue, Ashtabula, OH 44004

Two-story storefront retail building with a fully built-out basement kitchen, storage, and mechanicals, plus retained restaurant assets.

Property Size12,428 SF
Days on Market122

Property Features for 4641 Main Avenue

General Information

Standard status Pending
Size 12,428 SF
Property subtype Retail

Building Details

Stories 2
Listing Agency: Coldwell Banker Commercial Schmidt Realty Geneva
Listed By: Robin Brower · License #OH2015004732
Source: Crexi
Added: Apr 12 Changed: Aug 8 Last Checked: Aug 11 at 9:29AM

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 Coldwell Banker Commercial Schmidt Realty Geneva

Investment Insights

Based on property information with market context.

4641 Main Avenue, Ashtabula, OH 44004. This historic downtown storefront retail building has been used by multiple operators since the early 1900s and is being sold as part of an asset package; the prior business is permanently closed. The property is a two-story building with a full basement built-out that includes kitchen prep, storage, and mechanicals. It also retains kitchen equipment and business assets currently located inside.

A key interior feature is the historic stained-glass ceiling in the main dining area, along with stained-glass appointments throughout. The offering includes remaining elements of the former Casa Capelli build-out, positioned for a restaurant and/or event hall concept. The building may also be redeveloped to support more than one business operation, and the building’s age and significance may be added to a historic registry. If historic status is pursued, the property may be eligible for redevelopment/renovation credits.

Key Highlights

  • 12,428 SF two‑story downtown storefront retail building in Ashtabula
  • Full basement built out with kitchen prep, storage, and mechanicals
  • Retained restaurant assets and kitchen equipment included; business is permanently closed but assets are included

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Real Estate Agency Restaurant Big Box & Wholesale Store Building Supply Spa & Massage Center Auto Parts Store

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

Location Intelligence

Trade Area within ½ mile

559
Businesses Nearby
18k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 100%
Dollar General Shops & Services
7,810 visits/mo 0.4 miles
Shell Shops & Services
4,962 visits/mo 0.5 miles
U.S. Bank Shops & Services
4,633 visits/mo 0.1 miles
Fisher Auto Parts Shops & Services
216 visits/mo 0.2 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
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Two-story storefront retail building with a fully built-out basement kitchen, storage, and mechanicals, plus retained restaurant assets.
Where is this conventional restaurant located?
The property is located at 4641 Main Avenue Ashtabula, OH.
What are key features of this property?
This property features: 12,428 SF two‑story downtown storefront retail building in Ashtabula; Full basement built out with kitchen prep, storage, and mechanicals; Retained restaurant assets and kitchen equipment included; business is permanently closed but assets are included
More about this property
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