1040 6th St, Ashtabula, OH 44004-3526
This exceptional Ashtabula, OH property presents a rare blend of residential comfort and commercial potential. Situated on a 0.63-acre lot just a short distance from Lake Erie, this mixed-use offering comprises four parcels. The charming three-bedroom, one-bathroom home features spacious living, dining, and kitchen areas, including a generous kitchen island. Most rooms boast attractive laminate flooring, ample storage, and a walk-in closet. Adjacent to the residence is a thriving business currently operating as a music store. This versatile commercial space includes a full bathroom, several additional rooms suitable for office space or other uses, and a large open area perfect for displays or customer service. The adaptable layout allows for a variety of business ventures, from retail to creative studios. Two additional vacant lots offer further expansion or development possibilities. This unique property's prime location near Lake Erie ensures year-round appeal, attracting both residents and tourists. The combination of a comfortable home, a profitable business opportunity, and extra land makes this an unparalleled investment opportunity. Don't miss this chance to own a property that seamlessly integrates residential living with commercial enterprise.
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Morell Music Musical Instrument Rental Service Music Instructor
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.