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4714 Main Avenue, Ashtabula, OH, 44004
Former Auto Service Garage Building

4714 Main Avenue Ashtabula, OH 44004

For Sale
$320,000

SINGLE_FAMILY - Ashtabula, OH

Property Size5,412 SF
Lot Size0.33 Acres
Price / SF$59.13
Days on Market282

Property Features for 4714 Main Avenue

General Information

Property type Residential
Property subtype Retail
Parking 6
Standard status Active
APN 052070000400
Lot size 0.33 Acres

Taxes and HOA fees

Tax Year 2024
Tax Description 3 W 3 E OF MAIN 17 N W & 20
Tax Annual Amount 2288

Utilities

Sewer type Public Sewer
Heating system Forced Air, Natural Gas
Water source Public

Building Details

Year built 1968
Floors in Building 1
Roof type Rubber
Listing Agency: Platinum Real Estate
Listed By: Jim Sivalon · License #2019001484
Added: Oct 20, 2025 Changed: Jun 10 Last Checked: Jul 28 at 6:06AM
MLS# 5165676

Copyright © 2026 MLS Now. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This well-maintained commercial building totals 5,412 square feet and was previously used as an auto service garage. The property has been described as offering possibilities for retail or vehicle-related ventures, supported by its existing automotive-focused configuration.

The building is located at 4714 Main Avenue in Ashtabula, Ohio. The listing notes the area’s proximity to Lake Erie and points of interest such as the Ashtabula Harbor and Hubbard House Underground Railroad Museum.

For buyers looking for a commercial structure that has operated as an auto service garage and may support a related change of use, this property presents a purpose-built footprint within a growing local commercial sector and diverse community.

Key Highlights

  • Large 5,412 sq ft commercial building ideal for retail or vehicle‑related businesses
  • Well‑maintained building in a growing commercial sector
  • Located near Lake Erie, Ashtabula Harbor, and Hubbard House Underground Railroad Museum

Financial Insights For Industrial

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 $27.3k $5.04
− Vacancy −$546 −$0.10
EGI $26.7k $4.94
− OpEx −$8.0k −$1.48
NOI $18.7k $3.46
5,412 SF · lease $5.04/SF/yr · vacancy 2.00% · expense 30.00%

Alternative Uses

Best Use
Retail
$948.8K
$830.2K – $1.11M (±1% cap)
NOI $66,418 @ 7.0% cap · market cap 20.76%
Second Best
Industrial
$267.3K
$233.9K – $311.9K (±1% cap)
NOI $18,712 @ 7.0% cap · market cap 5.85%
Theoretical Best
Office A
$1.01M
$882.5K – $1.18M (±1% cap)
NOI $70,597 @ 7.0% cap · market cap 22.06%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Property Profile Location Intelligence

Current Use

Auto shops

Suggested Use

Top Pick Real Estate Agency Restaurant Big Box & Wholesale Store Building Supply Spa & Massage Center Auto Parts Store

Zoning and permitted uses should be independently verified with authorities.

Similar Off Market Nearby

  • Carl's Automotive Machine Shop — 5828 Main Ave, Ashtabula, OH 44004
  • Albert's Automotive Services Inc — 5810 Main Ave, Ashtabula, OH 44004
  • Main Auto & Custom Services — 5779 Main Ave, Ashtabula, OH 44004
  • Bartone Body Shop — 517 Bunker Hill Rd, Ashtabula, OH 44004
  • KMG Repair And Remodel LLC — 502 W 58th St, Ashtabula, OH 44004

Frequently Asked Questions

What type of property is this?
Auto shop - Well-maintained 5,412 SF building previously used as an auto service garage, suited for retail or vehicle-related ventures.
Where is this auto shop located?
The property is located at 4714 Main Avenue Ashtabula, OH.
What is the asking price?
The asking price for this property is $320,000.
What are key features of this property?
This property features: Large 5,412 sq ft commercial building ideal for retail or vehicle‑related businesses; Well‑maintained building in a growing commercial sector; Located near Lake Erie, Ashtabula Harbor, and Hubbard House Underground Railroad Museum
More about this property
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