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Mixed-Use Property with Deli
New
For Sale
$649,900

3523 State Road, Ashtabula, OH 44004

Operating deli and catering business with second-floor apartments and included equipment.

Property Size9,278 SF
Lot Size0.57 Acres
Price / SF$69.14
Days on Market2

Property Features for 3523 State Road

General Information

Standard status Active
Size 9,278 SF
Lot size 0.57 Acres
Property subtype Free Standing Building

Additional Details

Business Included Yes
Pylon Signage No
Equipment Included Yes
Multifamily Units 3

Building Details

Building Size 9,278 SF
Year Built 1940
Buildings 1
Listing Agency: RIOsource Group
Listed By: Douglas Klang
Source: Thebrokerlist
Added: Aug 21 Changed: Aug 22 Last Checked: Aug 22 at 3:35AM

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 RIOsource Group

Investment Insights

Based on property information with market context.

This mixed-use property combines an established deli and catering operation with residential space above. The business has operated for more than 50 years, and the sale includes the building, business, equipment, and chattel. The second floor contains three residential apartments, while the property also includes two additional lots totaling 0.57 acres.

The building measures over 9,400 square feet and is supported by paved parking for approximately 40 vehicles, along with additional reserved spaces for residential tenants. Access is described from Route 20 south on State Road to the property. The offering includes the operating business and real estate together, providing an existing commercial use with attached residential income space.

Key Highlights

  • Operating deli and catering business with more than 50 years of continuous operation
  • Building is over 9,400 sqft.
  • Three residential apartments occupy the second floor

Property Analytics

Current Use

Tony's Deli & Catering Food Market Norman-D Banquet Center Wedding Service

Suggested Use

Top Pick Auto Repair 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

3
Residential units
Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

4
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

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Operating deli and catering business with second-floor apartments and included equipment.
Where is this mixed-use property located?
The property is located at 3523 State Road Ashtabula, OH.
What is the asking price?
The asking price for this property is $649,900.
What are key features of this property?
This property features: Operating deli and catering business with more than 50 years of continuous operation; Building is over 9,400 sqft.; Three residential apartments occupy the second floor
More about this property
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