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Former Bank With Drive-Through
For Sale
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230 South Meridian Street, Ravenna, OH 44266

Corner property with covered pavement from a former drive-through and a small office area suitable for conversion.

Property SizeContact for details
Lot Size0.36 Acres
Days on Market143

Property Features for 230 South Meridian Street

General Information

Standard status Active
Lot size 0.36 Acres
Property subtype Office, Retail
Listing Agency: Hoff & Leigh Fairlawn
Listed By: Jeff Davis · License #OH 2001007317
Source: Crexi
Added: Apr 10 Changed: Aug 30 Last Checked: Aug 30 at 10:37AM

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 Hoff & Leigh Fairlawn

Investment Insights

Based on property information with market context.

This former bank property occupies a corner at South Meridian Street and Spruce Street in Ravenna, Ohio. The offering includes four parcels totaling 0.36 acre, along with 1,500 square feet of covered pavement associated with the prior drive-through operation.

The building also contains a small office area that may be converted for another configuration. The property was previously occupied by Chase Bank, providing a clear basis for its former banking use and existing drive-through component.

Key Highlights

  • Four parcels totaling 0.36 acre
  • 1,500 square feet of covered pavement from the former drive‑through
  • Former Chase Bank property

Property Analytics

Current Use

Arrow Industrial Solutions ... Building Supply

Suggested Use

Top Pick Real Estate Agency Skin Care Clinic Bakery Furniture & Home Goods Garden Center Daycare Center

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

760
Businesses Nearby

Demographics for 44266, OH

32,606
Population
15,036
Households
2.2
Avg Household Size
43
Median Age
21%
College-Educated
92%
High-School Grad
91.9 sq mi
ZIP Area
355
Density / Sq Mi
$61,211
Median Household Income
$40,068
Median Earnings
$904
Median Rent
$159,900
Median Home Value

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
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Frequently Asked Questions

What type of property is this?
Bank - Corner property with covered pavement from a former drive-through and a small office area suitable for conversion.
Where is this bank located?
The property is located at 230 South Meridian Street Ravenna, OH.
What are key features of this property?
This property features: Four parcels totaling 0.36 acre; 1,500 square feet of covered pavement from the former drive‑through; Former Chase Bank property
(330) 940-9360 Call to check price and availability
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