6942 Oh-44 Ravenna, OH 44266

Property Details for 6942 Oh-44

Year built

1949

Lot size

10.20 lot acres

Property size

2,132 SF

Property type

Retail properties

Property subtype

Office Properties & Spaces

Description

This exceptional mixed-use property, located at 6942 OH-44 in Ravenna, Ohio, presents a unique investment opportunity. Boasting a total of 2,132 square feet on a sprawling 10.2-acre lot, this property is situated on a busy corner at the intersection of State Route 44 and State Route 14, experiencing a high daily traffic count of 18,372 vehicles. The property features two units, currently vacant, within a single, one-story building constructed in 1949 and renovated in 1994. The property includes ample parking with 24 spaces, providing convenient access for both tenants and customers. Previously utilized as a medical office, the adaptable floor plan offers significant potential for various uses. The main area, originally a three-bedroom, one-bathroom single-family home, features a full basement. A separate section, converted from a garage, provides additional space. Both areas are ADA accessible. The property includes a large sitting area, kitchenette, full bathroom, half bath, and multiple exam rooms with sinks. Separate furnaces serve each unit. The roof is estimated to be 6-10 years old. This prime location offers proximity to University Hospital, NEO MED, and Kent State University, enhancing its appeal to a wide range of potential tenants. The property's zoning allows for diverse commercial uses, including conversion into residential apartments or continued use as commercial space. Demolition and new construction are also possibilities. Additional acreage surrounding the property is also available for purchase. The asking price is $295,000, translating to $138.37 per square foot. The property's APN is 29-210-00-00-010-000, 29-210-00-00-011-000. The zip code is 44266.

Location Insight

City

Ravenna

County

Portage

State

Ohio

Longitude

-81.2464

Latitude

41.1797