4118 Main Ave Ashtabula, OH 44004
- Commercial real estate
- 2,630 SF
- 0.33 lot acres
Current Use by Public Records
- North Coast Golf Den / Golf Shop
- Bula beauty supply / Beauty Supply Store
Property Details for 4118 Main Ave
- Year built
- 1900
- Lot size
- 0.33 lot acres
- Property size
- 2,630 SF
- Property type
- Commercial real estate
- APN
- 05-213-00-031-00
- APU
- 52130003100
Description
This exceptional investment property at 4118 Main Avenue in downtown Ashtabula, Ohio presents a unique opportunity for savvy investors. The 4,955 square foot building sits on a 0.33-acre lot and boasts five distinct income-generating units. The main attraction is a sizable retail storefront featuring a large open sales area with prominent storefront windows, a private office, a restroom, and a dedicated storage/work area. Adding to the property's versatility are two separate two-bedroom apartments, each with its own address and private entrance. These apartments share access to a convenient two-car garage. Further enhancing the income potential are two additional structures: a roughly 700 square foot warehouse/garage and a smaller, approximately 300 square foot garage/storage space. The entire building, excluding the larger warehouse/garage, benefits from a full basement, offering ample storage or potential for expansion. This highly visible location on Main Avenue provides excellent exposure and numerous possibilities for maximizing cash flow and return on investment. The property is priced at $199,999. This is a rare chance to acquire a multi-faceted commercial property in a thriving downtown area. Don't miss this chance to secure a strong and diverse income stream.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Ashtabula
- County
- Ashtabula
- State
- Ohio
- Longitude
- -80.7799
- Latitude
- 41.87
- CBSA code
- 11780
- CBSA name
- ASHTABULA, OH MICROPOLITAN STATISTICAL AREA