Commercial Real Estate Market in Ashtabula, OH
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
71 active listings and 2,463 off-market properties in Ashtabula, OH. Commercial property asks $138/SF to buy and $9.00/SF/Yr to lease.
Market Trends
Ashtabula, OH spans 74.1 square miles in Ashtabula County, Ohio. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Ashtabula, OH runs 21.3% across the Midwest region in 2025, up from 13.7% in 2019.
Vacancy Rate % in Midwest region
Retail
Retail vacancy in Ashtabula, OH runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Ashtabula, OH runs 4.9% across the Midwest region in 2025, up from 4.4% in 2019. Nearly 1.6x the 2022 low of 3.1%.
Vacancy Rate % in Midwest region
Multifamily
Multifamily space in Ashtabula, OH asks $79/SF to buy. Vacancy runs 8% across the Midwest region in 2025, up from 6.5% in 2022.
Average Sale Price $/SF
Listings
Vacancy Rate % in Midwest region
Zoning & Land Use
Land Use Mix share of zoned land by category
- Residential 58.2%
- Industrial 31.7%
- Commercial 10.1%
Largest Zones share of zoned land by district
Single Family Residential
Heavy Industrial
Single Family Residential
Two Family Residential
Light Industrial
Ashtabula, OH zones 5,115 acres across 10 districts. Commercial zoning covers 10.1% of zoned land, residential 58.2% and industrial 31.7%. The largest single district is Single Family Residential at 27.1%. For commercial buyers the practical constraint is that only 41.8% of land carries a commercial or industrial designation.
Single Family Residential (R-2)
District is intended to provide single family and related uses
Market overview
Demographics & Economy
Ashtabula, OH has 31,661 residents in 15,262 households. Density runs 427 people per square mile. Median household income here is $49,507 and median gross rent $813 a month.
31,661
Population
15,262
Households
2.1
Avg Household Size
44
Median Age
15%
College-Educated
87%
High-School Grad
74.1 sq mi
ZIP Area
427
Density / Sq Mi
$49,507
Median Household Income
$31,471
Median Earnings
$813
Median Rent
$120,300
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Plymouth Township | — | — |
| North Kingsville | — | — |
| Kingsville | — | — |
| Austinburg | — | — |
Commercial property in Ashtabula, OH asks $138/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Ashtabula?
Commercial property in Ashtabula, OH asks an average of $138 per square foot. The 4 most recent recorded sales traded at a median of $52/SF, so asking sits 165% above the achieved median. Multifamily carries the highest asking price at $79/SF.
How much does it cost to lease commercial space in Ashtabula?
Asking lease rates in Ashtabula, OH average $9.00 per square foot per year.
What zoning applies to commercial property in Ashtabula?
Ashtabula, OH zones 5,115 acres across 10 districts, of which 10.1% is commercial and 31.7% industrial. The largest single district is Single Family Residential at 27.1% of zoned land. District is intended to provide single family and related uses Residential zoning covers 58.2% and open space 0%.
Where does Realmo's Ashtabula market data come from?
Realmo compiles Ashtabula, OH figures from 6 recent recorded sales, 57 active sale listings, 14 active lease listings, 2,463 tracked off-market properties, the current Ashtabula zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 57 active for-sale and 14 active for-lease listings in Ashtabula, OH. These are ASKING figures from live listings, not closed-transaction prices, and a segment carried by a handful of listings reads as indicative rather than an average.
- Vacancy rates
- Published per-sector market series, taken at the metro level where one exists and otherwise at the Census-region level — a chart reading "in <region> region" is a regional number, not this city's.
- Zoning and land use
- The current municipal zoning release: 5,115 zoned acres across 10 districts. Shares are of zoned land, so parcels the release leaves unclassified are excluded from the mix.
- Refresh
- The monthly aggregates close at the end of the previous month, so 31 August 2026 — not today — is the honest last update.
- Known limitations
- office vacancy is reported at Midwest region level, retail vacancy is reported at Midwest region level, industrial vacancy is reported at Midwest region level and asking prices run materially above recent closed pricing.
- Coverage
- Metrics below the 10-observation threshold fall back one geographic level. The geography used is named on each figure.
Compiled by the Realmo Data team · reviewed 31 August 2026 · report a data issue
