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Property profile & analytics
OFF-MARKET
Retail space

136 Main St Ravenna, OH 44266-3104

1,740 SF 0.12 ac lot Built 1981
Entity Owned 5-yr Hold Free & Clear
Property ID
US66-2414312
Property summary
AI-generated overview

This exceptional investment opportunity presents a newly remodeled, three-unit commercial building at 136 E Main Street, Ravenna, OH. Spanning 3,300 square feet on a 0.12-acre lot, this property is ideally situated in the Central Business District. Currently occupied by a diverse tenant mix including a pizza shop, a real estate office, and an office/retail space, this building offers immediate cash flow potential. The property includes approximately 10 parking spaces, a significant advantage in a downtown setting. The building's current configuration allows for flexibility in future tenant occupancy. The owner covers city water, sewer, property taxes, and building insurance, while tenants are responsible for utilities and their own insurance. Showings are available with a minimum of 24 hours' notice. The sale includes multiple parcels encompassing 134 E Main Street, 136 E Main Street, and 202 S Prospect Street. Prospective buyers are responsible for verifying that the zoning and building codes meet their intended use. This is a turnkey opportunity for an investor seeking a well-maintained, income-producing property in a vibrant downtown location. The asking price is $250,000. Don't miss this chance to acquire a prime piece of Ravenna real estate.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1981
Total area 1,740 SF
Lot 0.12 ac (5,401 SF)
APN 31-366-10-00-011
UPID US66-2414312
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
Current use
Occupant on record · Public records
  • Nick Polichena BHHS Stouffer Realty Inc. Real Estate Agency
  • Berkshire Hathaway HomeServices Stouffer Realty Real Estate Agency
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
Hogle Holdings LLC · 5 yrs held
Hogle Holdings LLC
since 2021
1 recorded transaction
2021
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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