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Mixed-Use Property with Warehouse Space
For Lease
$7 SF/Yr Modified Gross

1626 E Prospect Road, Ashtabula, OH 44004

CommercialLease, Ashtabula, OH

Space Size5,000 SF
Lot Size0.40 Acres
Days on Market241

Property Features for 1626 E Prospect Road

General Information

Property type Commercial Lease
Property subtype Retail
Parking 32
Subdivision Holmes Tr
Elementary school district Ashtabula Area CSD - 401
Middle school district Ashtabula Area CSD - 401
High school district Ashtabula Area CSD - 401
Directions Located 1 mile west of Route 11 and I-90, on the SW corner of Luce Avenue and E. Prospect Road.
Standard status Active
APN 030210001100
Lot size 0.40 Acres

Utilities

Sewer type Public Sewer
Heating system Forced Air
Cooling system Central Air
Water source Public

Amenities

New carpet
LED lighting
open space

Building Details

Year built 1967
Number of units 2
Roof type Asphalt, Flat
Listing Agency: Keller Williams Greater Cleveland Northeast · Keller Williams Realty
Listed By: Rick Osborne · License #2010001710
Added: Jan 16 Changed: Sep 10 Last Checked: Sep 14 at 9:06AM
MLS# 5182379

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 mixed-use commercial property offers 5,000 SF of storefront retail space along SR 20, with an additional 5,000 SF of open warehouse area positioned at the rear. The layout can accommodate one tenant or multiple occupants, and the storefront area may be subdivided for a qualified tenant.

Recent property improvements include new carpet and LED lighting. The building also features open space, forced-air heating, central air, public water, public sewer, and an asphalt and flat roof system. Built in 1967, the property is located at 1626 E Prospect Road in Ashtabula, Ohio.

Key Highlights

  • 5,000 SF of storefront retail space along SR 20
  • Additional 5,000 SF of open warehouse space in the rear
  • Storefront area may be subdivided for a qualified tenant

Property Analytics

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Current Use

Boost Mobile Mobile Phone Store

Suggested Use

Top Pick Real Estate Agency HVAC Service Gym & Fitness Center Bakery (Bike/Boat/Book/etc) Store Barber Shop

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
Highway access
Yes
Paved road access
Modified Gross
Lease Type

Location Intelligence

Trade Area within ½ mile

446
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 Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Flexible commercial space combines storefront retail and rear warehouse areas under modified gross lease terms.
Where is this mixed-use property located?
The property is located at 1626 E Prospect Road Ashtabula, OH.
What is the lease rate?
The lease rate is $9 SF/Yr.
What are key features of this property?
This property features: 5,000 SF of storefront retail space along SR 20; Additional 5,000 SF of open warehouse space in the rear; Storefront area may be subdivided for a qualified tenant
More about this property
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