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    5917 Us-322 Williamsfield, OH 44093

    For Lease
    $12 SF/Yr

    Prime 2,225 sq ft retail space, ideal location.

    Lot size:
    2,225 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional 2,225 square foot commercial property presents a unique investment opportunity in Williamsfield, Ohio, located within Ashtabula County. Previously utilized as a bank, this single-tenant building boasts a highly desirable drive-thru feature, making it perfectly suited for a variety of retail businesses, restaurants, or office uses. The building's versatile layout offers ample space for customization to meet the specific needs of a new tenant. Its strategic location within Williamsfield ensures high visibility and accessibility, attracting significant foot traffic and potential customers. The property's single-tenant occupancy simplifies management and provides a straightforward investment structure. The building's history as a bank suggests a solid foundation and potentially desirable structural features. This property is an excellent choice for entrepreneurs seeking a well-positioned, ready-to-occupy commercial space in a thriving community. The drive-thru alone offers a significant competitive advantage, enhancing operational efficiency and customer convenience. Serious inquiries are encouraged to explore the full potential of this remarkable commercial property and its significant upside. The property is classified as retail, but its adaptability makes it suitable for office or restaurant use as well. This presents a rare opportunity to acquire a well-maintained building in a desirable location at a competitive price.

    Property Features for 5917 Us-322

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    2,225 SF

    Unit(s) available at that property

    Space
    Size
    2,225 SF
    Rate per SF
    $12

    HighLights

    • 2,225 square foot retail building in Williamsfield, OH.
    • Single‑tenant occupancy.
    • Located in Ashtabula County.
    • Former bank building with drive‑thru.
    • Property type: Retail, Office, Restaurant.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Williamsfield
    County
    Ashtabula
    State
    Ohio
    Longitude
    -80.5720586
    Latitude
    41.5335724

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    FAQs

    What type of property is this?
    Restaurant - Prime 2,225 sq ft retail space, ideal location.
    Where is this restaurant located?
    The property is located at 5917 Us-322 Williamsfield, OH.
    What is the lease rate?
    The lease rate is $12 SF/Yr.
    What are key features of this property?
    This property features: 2,225 square foot retail building in Williamsfield, OH.; Single-tenant occupancy.; Located in Ashtabula County.
    Request Owner's contact information
    5917 Us-322 Williamsfield, OH 44093
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    Williamsfield, OH 44093
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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
    5917 Us-322 Williamsfield, OH 44093
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