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Property profile & analytics
OFF-MARKET
Investment properties

244 Ml St Conneaut, OH 44030-2518

3,815 SF 0.16 ac lot Built 1930
Trust Owned Free & Clear
Property ID
US66-1412968
Property summary
AI-generated overview

This exceptional mixed-use property at 244 Mill Street in Conneaut, Ohio, presents a unique investment opportunity. The building boasts 2,967 square feet situated on a sizable 0.38-acre double lot, offering significant potential for diverse commercial ventures. Currently configured as a former dental office with a clean, well-maintained two-bedroom apartment on the upper level, the property's versatility is undeniable. The first floor's adaptable space lends itself to a wide array of commercial uses, from retail to professional offices, or even conversion into additional residential space. Its strategic corner location on Mill Street, just one block south of Route 20, ensures high visibility and accessibility, making it an ideal spot for attracting customers and clients. The high traffic volume of this location further enhances its commercial viability. This property's size, location, and flexible layout make it a compelling prospect for both established businesses seeking expansion and entrepreneurs looking to establish a presence in a thriving community. The double lot provides ample space for future development or expansion, adding to its long-term value. This is a rare opportunity to acquire a well-maintained property in a prime Conneaut location with significant upside potential. The asking price is $149,900.

Property profile
Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1930
Construction WOOD
Total area 3,815 SF
Lot 0.16 ac (6,970 SF)
APN 12-113-00-140-00
UPID US66-1412968
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
  • Evan Jennifer Dental Office
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
Robert D Gleason Living Trust
Robert D Gleason Living Trust
since 2025
1 recorded transaction
2025
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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