263 Main St Ravenna, OH 44266

This exceptional investment opportunity presents a 5,788 square foot, three-tenant office building located in the heart of Ravenna, Ohio's Central Business District (CBD). The property, built in 1900, boasts a 100% occupancy rate with a strong 13.90% cap rate, making it an attractive sale-leaseback proposition. The building comprises three distinct suites: two ground-floor suites, each approximately 1,500 square feet, and a larger 2,788 square foot suite on the second floor. The ground floor suites feature open office areas, private offices, restrooms, and kitchenettes. The second-floor suite offers a spacious reception area, conference room, open office space, multiple private offices (including one with its own restroom), restrooms, a kitchenette, and ample storage. The property also includes a full unfinished basement and a small asphalt parking lot accommodating six vehicles, supplemented by convenient on-street parking. All utilities are public (sewer and water). The property sits on a 0.12-acre lot (APN: 31-361-13-00-049-000) and is currently operating under a gross lease. This well-maintained building presents a rare opportunity for investors seeking a stable, high-yield property in a thriving downtown location. The building features a fire escape for added safety. This is a turnkey investment ready for immediate income generation.