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Turnkey Restaurant with Parking Lot
For Sale
$720,000

601 Claremont Avenue, Ashland, OH 44805

Restaurant includes indoor and outdoor guest seating, plus a 20+ vehicle cement parking lot built in 2022–2023.

Property Size1,260 SF
Days on Market95

Property Features for 601 Claremont Avenue

General Information

Standard status Active
Size 1,260 SF
Total Parking Spaces 20
Zoning Business

Additional Details

Furnished Yes
Business Included Yes

Taxes and HOA fees

Annual Taxes $3,360

Amenities

PrivateRestrooms, PublicRestrooms, ReceptionArea, Signs, Storage
Central Air
Natural Gas, Forced Air
Storage
Concrete, Direct Access, Driveway, Open

Building Details

Building Size 1,260 SF
Year Built 1975
Buildings 1
Stories 1
Listing Agency: Coldwell Banker Ward Real Estate
Listed By: Barbie Lange
Source: Evrealestate
Added: May 22 Changed: Aug 23 Last Checked: Aug 23 at 6:39AM

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 Coldwell Banker Ward Real Estate

Investment Insights

Based on property information with market context.

This for-sale restaurant offering is positioned for hands-on ownership with indoor and outdoor guest seating and a back-of-house built out with the necessities to operate. The package is described as all-inclusive, with goodwill, the property, supplies and assets included, along with a delivery van.

The property is located near Ashland University and Downtown Ashland, on a main artery with 65K+ vehicles weekly per the seller’s remarks. A second parcel is included and is described as having its own water and sewer hookups for additional opportunities.

On-site parking consists of a 20+ vehicle cement lot completed in 2022–2023, and the seller indicates assistance with transition. The seller will consider options to separate goodwill from the property.

Key Highlights

  • Restaurant with indoor and outdoor guest seating
  • 20+ vehicle cement parking lot built in 2022–2023
  • Second parcel includes its own water and sewer hookups for additional opportunities

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Parking Lot & Garage HVAC Service Bakery Auto Parts Store Real Estate Agency Restaurant

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

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

771
Businesses Nearby
92k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 73% Shops & Services 27%
Taco Bell Dining
17,195 visits/mo 0.3 miles
Wendy's Dining
14,015 visits/mo 0.2 miles
Dollar Tree Shops & Services
13,687 visits/mo 0.5 miles
Arby's Dining
12,725 visits/mo 0.3 miles
Burger King Dining
9,913 visits/mo 0.2 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

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 includes indoor and outdoor guest seating, plus a 20+ vehicle cement parking lot built in 2022–2023.
Where is this conventional restaurant located?
The property is located at 601 Claremont Avenue 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 with indoor and outdoor guest seating; 20+ vehicle cement parking lot built in 2022–2023; Second parcel includes its own water and sewer hookups for additional opportunities
More about this property
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