256 Main StConneaut, OH 44030

  • Other commercial real estate
  • 39,024 SF
For Sale
$2,000,000 View listing

Property Details for 256 Main St

Year built
1903
Construction
WOOD
Lot size
0.31 AC
Property size (Sq ft)
39,024 SF
Property type
Other commercial real estate
APN
12-120-00-027-00
APU
121200002700

Description

This stunning, historic retail property located at 256 Main Street in Conneaut, Ohio presents a unique investment opportunity. Boasting nearly 39,024 square feet on a 0.31-acre lot, this grand building, constructed in the early 20th century, is a testament to architectural elegance. Its prominent Main Street location offers exceptional visibility and accessibility. The building's ornate masonry façade and impressive interior details, including a wide staircase, soaring ceilings, and numerous large windows, create a captivating atmosphere. Many windows have been recently replaced as part of an ongoing restoration. The expansive space has previously served as a department store, retail space, and even a theatre, showcasing its versatility and adaptability. This property offers an unparalleled chance to revitalize a landmark building and establish a thriving business in the charming town of Conneaut. The scale and character of this building are truly remarkable, presenting a blank canvas for a visionary entrepreneur to create a keystone of commerce. The asking price is $2,000,000. This is a rare opportunity to acquire a piece of Conneaut's history and shape its future.

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $8,035,674
    Hospitality
    $7,360,634
    Educational
    $6,123,962
    Medical
    $6,334,574
    Retail
    $9,526,162
256 Main St, Conneaut, Ohio
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Location Insight

City
Conneaut
County
Ashtabula
State
Ohio
Latitude
41.9433
Longitude
-80.5558
CBSA code
11780
CBSA name
ASHTABULA, OH MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$2,540
$10,430
$30,350
$40,780
-
$29,800
$86,700
$116,500

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