4220 Main Ave, Ashtabula, OH 44004
1,982 SF credit union with corporate guarantee.
- Added:
- Mar 23, 2026
- Days on Market:
- 104
- Last Refresh:
- Mar 25 at 8:36 am
Property Features for 4220 Main Ave
General Information
- Standard status
- Active
- Size
- 1,982 SF
- Property subtype
- Retail
Building Details
- Year Built
- 2010
Listing office ParaSell Inc
Listing date Mar 23, 2026
Source Crexi
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 ParaSell Inc
HighLights
- Corporate Guarantee provides strong tenant security and stability.
- Strategically located 5 minutes from Ashtabula County Medical Center.
- High daily traffic due to proximity to a major regional healthcare provider.
- Long‑term location viability.
- Building size: 1,982 SF.
- Built in 2010.
Overview
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $35.7k | $18.00 |
| − Vacancy | −$928 | −$0.47 |
| EGI | $34.7k | $17.53 |
| − OpEx | −$10.4k | −$5.26 |
| NOI | $24.3k | $12.27 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Ashtabula
- County
- Ashtabula
- State
- Ohio
- Longitude
- -80.7806967
- Latitude
- 41.8690838