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Property profile & analytics
OFF-MARKET
Commercial real estate

118 12th St Ashland, OH 44805-1713

3,239 SF 0.28 ac lot Built 1901
Entity Owned 1-yr Hold Free & Clear
Property ID
US66-4043275
Property summary
AI-generated overview

This exceptional commercial property located at 118 E 12th Street in Ashland, Ohio, presents a unique investment opportunity. Priced at $300,000, the property currently operates as a convenience store with a valuable drive-thru feature, significantly enhancing customer accessibility and convenience. The building includes two walk-in coolers, essential for maintaining inventory and freshness, making it ideal for a variety of food-related businesses. Adding to its versatility, the property also features an attached one-bedroom, one-bathroom efficiency apartment, providing additional income potential or housing for an on-site manager. The apartment offers a comfortable living space, separate from the main commercial area. While the exact square footage is currently unavailable, the property sits on a zero-acre lot. This property is well-suited for a variety of uses, offering a strong return on investment for a savvy buyer. The existing infrastructure and convenient location make it an attractive option for entrepreneurs seeking a ready-to-go business or investors looking for a profitable venture. Additional photos will be available soon. This is a rare opportunity to acquire a mixed-use property in a desirable location. Serious inquiries are encouraged to explore this promising investment. The property is being sold as-is.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1901
Total area 3,239 SF
Lot 0.28 ac (12,301 SF)
APN P43-015-0-0064-01
UPID US66-4043275
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Adkins Market Property LLC · 1 yrs held
Adkins Market Property LLC
since 2025
Last sale
$125,000
2 recorded transactions
2025
$125,000
2023
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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