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Modern Office Building with Dock Access
For Sale
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4 Hedstrom Dr, Ashland, OH 44805

Owner-user space is paired with leased area and on-site parking.

Property Size40,447 SF
Lot Size6.30 Acres
Days on Market102

Property Features for 4 Hedstrom Dr

General Information

Standard status Active
Size 40,447 SF
Lot size 6.30 Acres
Property subtype OFFICE

Additional Details

Highway Access Yes

Building Details

Buildings 1
Building Size 40,447 SF
Listing Agency: Newmark | Cleveland
Listed By: Terry Coyne, SIOR, CCIM
Source: Moodyscre
Added: May 22 Changed: Aug 30 Last Checked: Aug 30 at 3:28PM

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 Newmark | Cleveland

Investment Insights

Based on property information with market context.

This 40,447-square-foot modern office building offers 22,805 square feet for owner-user occupancy, with leased space providing rental income. The property includes dock access, 15-foot clear height, heavy power, and ample parking across a 6.3-acre site.

Located at 4 Hedstrom Dr in Ashland, Ohio, the building provides immediate access to SR-42, US-250, and I-71. Its combination of available office area, existing leased space, loading capability, and substantial site area supports both operational and income-producing use.

Key Highlights

  • 40,447 SF modern office building
  • 22,805 SF available for owner‑user occupancy
  • Leased space provides immediate rental income

Property Analytics

Current Use

Office buildings

Suggested Use

Top Pick Real Estate Agency Big Box & Wholesale Store Building Supply Hair Salon Pharmacy Restaurant

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

Location Intelligence

Trade Area within ½ mile

202
Businesses Nearby

Demographics for 44805, OH

31,238
Population
13,248
Households
2.4
Avg Household Size
41
Median Age
25%
College-Educated
92%
High-School Grad
151.1 sq mi
ZIP Area
207
Density / Sq Mi
$62,058
Median Household Income
$35,122
Median Earnings
$835
Median Rent
$165,000
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 - Owner-user space is paired with leased area and on-site parking.
Where is this office building located?
The property is located at 4 Hedstrom Dr Ashland, OH.
What are key features of this property?
This property features: 40,447 SF modern office building; 22,805 SF available for owner‑user occupancy; Leased space provides immediate rental income
(216) 453-3001 Call to check price and availability
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