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Ravenna Freestanding Office Building For Sale
For Sale
Contact for pricing
Pending

240 S Chestnut St, Ravenna, OH 44266

2700 SF office building in Ravenna's Central Business District.

Property Size2,700 SF
Days on Market686

Property Features for 240 S Chestnut St

General Information

Standard status Pending
Size 2,700 SF
Total Parking Spaces 10
Property subtype Office
Zoning Commercial
Occupancy 75%

Building Details

Year Built 1940
Year Renovated 1994
Buildings 1
Stories 1
Units 3
Tenancy Multi
Listing Agency: Jack Kohl Realty
Listed By: Jack Kohl · License #2019000331
Source: Crexi
Added: Sep 23, 2024 Changed: Aug 8 Last Checked: Aug 9 at 7:20AM

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 Jack Kohl Realty

Investment Insights

Based on property information with market context.

This is a 2700 square foot freestanding office building located in the heart of Ravenna City, situated directly behind the Portage County Courthouse. The property is zoned Central Business District and includes city water and sewer services. It features 10 or more on-site paved parking spaces. The building comprises three offices, each with separate utilities. Currently, two suites are rented with transferable leases.

Key Highlights

  • Freestanding 2700 sq ft office building in Ravenna City's Central Business District.
  • Located directly behind the Portage County Courthouse.
  • 10+ on‑site paved parking spaces.

Property 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.

Location Intelligence

Trade Area within ½ mile

647
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?
Office building - 2700 SF office building in Ravenna's Central Business District.
Where is this office building located?
The property is located at 240 S Chestnut St Ravenna, OH.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: Freestanding 2700 sq ft office building in Ravenna City's Central Business District.; Located directly behind the Portage County Courthouse.; 10+ on‑site paved parking spaces.
More about this property
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