Search
Freestanding Three-Unit Office Building
For Sale
$235,000

240 S Chestnut Street, Ravenna, OH 44266

Separate office suites include reception areas, private offices, restrooms, and a kitchenette.

Property Size2,700 SF
Price / SF$87.04
Days on Market79

Property Features for 240 S Chestnut Street

General Information

Standard status Active
Size 2,700 SF
Property subtype Office

Additional Details

Utilities to Site Yes
Office Units 3
Property Use Office

Taxes and HOA fees

Annual Taxes $3,624

Building Details

Building Size 2,700 SF
Year Built 1940
Buildings 1
Listing Agency: Life Stages Realty LLC
Listed By: Nicolette Kuebeler · License #2022002552
Source: Lifestagesrealty
Added: Aug 10 Changed: Oct 26 Last Checked: Oct 26 at 3:08PM

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 Life Stages Realty LLC

Rey
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This freestanding office building contains three units with private offices, reception areas, restrooms, and a kitchenette. The property totals 2,700 square feet and was built in 1940. Gas forced-air heating and central air serve the building, with city water and sewer.

Located in downtown Ravenna, the property sits directly behind the Portage County Courthouse. A parking lot serves the building, with additional assigned parking available in the adjacent lot.

Key Highlights

  • 2,700‑square‑foot freestanding office building
  • Three units with private offices, reception areas, restrooms, and a kitchenette
  • Built in 1940; gas forced‑air heating and central air

Property Analytics

Contact the owner directly Get the owner's phone numbers and email
Open Analytics

Current Use

Richard C Lombardi Law Firm Ohio Title Agency ... Title Company Erb Legal LLC Law Firm

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.

Lease Details

3
Office units
Yes
Utilities to site

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
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

Frequently Asked Questions

What type of property is this?
Office building - Separate office suites include reception areas, private offices, restrooms, and a kitchenette.
Where is this office building located?
The property is located at 240 S Chestnut Street Ravenna, OH.
What is the asking price?
The asking price for this property is $235,000.
What are key features of this property?
This property features: 2,700‑square‑foot freestanding office building; Three units with private offices, reception areas, restrooms, and a kitchenette; Built in 1940; gas forced‑air heating and central air
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

Ask Rey → ChatGPT Grok Claude
Preferred Make Realmo a preferred source.

Our comps and market reports get this label in your Google results.

Add as a preferred source on Google One click on Google
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message
Why this one?
Saved