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    1818 Prospect Rd Ashtabula, OH 44004

    Sponsored
    For Lease
    Contact for pricing

    Prime Retail Building, Ample Parking

    Lot size:
    6,008 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 6,008-square-foot free-standing retail building is available for lease at 1818 W. Prospect Rd. in Ashtabula, Ohio, zip code 44004. The property is a single-tenant space, ideal for a restaurant or other retail business. The building sits on a 0.72-acre lot and offers 38 parking spaces, ensuring convenient access for customers and employees. Currently vacant, this property presents a unique opportunity to establish a strong presence in a thriving commercial area. Its versatile layout is adaptable to a variety of retail or office uses. The building benefits from high visibility from major roadways, maximizing exposure to potential customers. The interior is well-maintained and offers a modern, professional atmosphere. This location in Ashtabula, Ohio provides a solid foundation for business growth and success. The property's ample parking and strategic location combine to create a highly desirable commercial space. This is a turnkey opportunity for a business seeking a prominent location with excellent visibility and convenient parking. The property is ready for immediate occupancy.

    Property Features for 1818 Prospect Rd

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    6,008 SF

    Unit(s) available at that property

    Space
    Available Space
    Size
    6,008 SF

    HighLights

    • Flexible floor plan ideal for retail or office use.
    • Abundant on‑site parking.
    • High visibility from key thoroughfares.
    Property Profile Location Intelligence

    Current Use by Public Records

    Freestanding property

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Ashtabula
    County
    Ashtabula
    State
    Ohio
    Longitude
    -80.8077152
    Latitude
    41.8577982

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    FAQs

    What type of property is this?
    Restaurant - Prime Retail Building, Ample Parking
    Where is this restaurant located?
    The property is located at 1818 Prospect Rd Ashtabula, OH.
    What are key features of this property?
    This property features: Flexible floor plan ideal for retail or office use.; Abundant on-site parking.; High visibility from key thoroughfares.
    Request Owner's contact information
    1818 Prospect Rd Ashtabula, OH 44004
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    Ashtabula, OH 44004
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1818 Prospect Rd Ashtabula, OH 44004
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