Former Auto Service Garage
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
(888) 974-7253
Listed By:
Jim Sivalon · License #2019001484
(440) 251-4776
Added: Oct 20, 2025
Changed: Jun 10
Last Checked: Jul 28 at 9:06AM
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.
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
NOI $66,418 @ 7.0% cap · market cap 20.76%
Second Best
Industrial
$267.3K
$233.9K – $311.9K
NOI $18,712 @ 7.0% cap · market cap 5.85%
Theoretical Best
Office A
$1.01M
$882.5K – $1.18M
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
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