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Restaurant with Outdoor Seating
For Sale
$670,000

601 Claremont Ave, Ashland, OH 44805

Ashland, OH

Property Size1,260 SF
Lot Size0.37 Acres
Price / SF$531.75
Days on Market49

Property Features for 601 Claremont Ave

General Information

Property type Commercial Sale
Property subtype Other
Standard status Active
Size 1,260 SF
Lot size 0.37 Acres

Building Details

Year built 1975
Listing Agency: NextHome Next Stepp
Listed By: Barbie Lange · License #2019007485,PersonLicenseNumber
Added: Aug 28 Changed: Oct 12 Last Checked: Oct 15 at 6:06AM
MLS# 10231077

Copyright © 2026 NextHome, Inc. 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 1,260-square-foot building constructed in 1975 on a 0.37-acre parcel. Indoor and outdoor seating, dispensing systems, supplies, equipment, goodwill, and other business assets are included, along with a delivery van. The sale encompasses both the business and real estate.

The property is near Ashland University and downtown Ashland, along a main thoroughfare carrying nearly 10,000 vehicles daily. Parking accommodates 20+ vehicles. A second parcel has separate water and sewer hookups.

Key Highlights

  • 1,260‑square‑foot restaurant building on 0.37 acres
  • Indoor and outdoor seating areas
  • Parking for 20+ vehicles

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
Yes
Paved road access

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 - The offering includes business assets, dispensing equipment, a delivery van, and on-site 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 $670,000.
What are key features of this property?
This property features: 1,260‑square‑foot restaurant building on 0.37 acres; Indoor and outdoor seating areas; Parking for 20+ vehicles
More about this property
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