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Restaurant Property with Commercial Kitchen
For Sale
$720,000

601 Claremont Ave, Ashland, OH 44805

Commercial Bldg Sale,Retail Sale, Ashland, OH

Property SizeContact for details
Lot Size0.37 Acres
Days on Market118

Property Features for 601 Claremont Ave

General Information

Property type Commercial Sale
Property subtype Other
Zoning B1-Neighborhood Business
Directions From the center of Ashland, head west and turn left on Claremont Ave. Drive approx .35 miles. Property on left.
Subdivision Ashland
Standard status Active
APN P44-057-0-0086-00
Lot size 0.37 Acres

Taxes and HOA fees

Tax Description R=57 LOT 373
Tax Annual Amount 3361
Legal Description R=57 LOT 373

Utilities

Sewer type Public Sewer
Heating system Natural Gas, Forced Air

Building Details

Year built 1975
Floors in Building 1
Roof type Metal
Listing Agency: NextHome Next Stepp
Listed By: Barbie Lange · License #2019007485,PersonLicenseNumber
Added: May 23 Changed: Sep 12 Last Checked: Sep 17 at 10:06PM
MLS# 10231077

Copyright © 2026 Mansfield Association of Realtors. 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 restaurant property includes a commercial kitchen, indoor guest seating, outdoor seating, dispensers, supplies, fixtures, and other operating assets. The sale also includes goodwill and a delivery van. The building dates to 1975 and features a metal roof, natural gas forced-air heating, and public sewer service. A parking lot accommodates 20+ vehicles.

The property is located at 601 Claremont Ave in Ashland, near Ashland University and Downtown Ashland. It sits along a main artery carrying nearly 10K vehicles daily. The second parcel has separate water and sewer hookups, providing additional site infrastructure. The property is zoned B1-Neighborhood Business.

Key Highlights

  • Restaurant property with commercial kitchen and indoor/outdoor guest seating
  • Sale includes goodwill, supplies, operating assets, fixtures, and a delivery van
  • 20+ vehicle parking lot updated in 2022&'23

Property Analytics

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Current Use

Conventional restaurants

Suggested Use

Top Pick Parking Lot & Garage HVAC Service Bakery Furniture & Home Goods Garden Center Electrical Service

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

10,000 VPD
Traffic count
Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

885
Businesses Nearby
103k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 66% Shops & Services 27% Groceries 7%
Taco Bell Dining
17,195 visits/mo 0.2 miles
Wendy's Dining
14,015 visits/mo 0.2 miles
Arby's Dining
12,725 visits/mo 0.5 miles
BP Shops & Services
11,648 visits/mo 0.5 miles
Burger King Dining
9,913 visits/mo 0.3 miles

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Restaurant operation with indoor and outdoor seating, a dedicated kitchen, included business assets, and on-site vehicle parking.
Where is this conventional restaurant located?
The property is located at 601 Claremont Ave Ashland, OH.
What is the asking price?
The asking price for this property is $720,000.
What are key features of this property?
This property features: Restaurant property with commercial kitchen and indoor/outdoor guest seating; Sale includes goodwill, supplies, operating assets, fixtures, and a delivery van; 20+ vehicle parking lot updated in 2022&'23
More about this property
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