2825 Rdg E Rd Ashtabula, OH 44004-4134
- Strip malls
- 51,416 SF
- 3.17 lot acres
Current Use by Public Records
- Chimneys Cleaning & Wood Stove Service Ashtabula NPD / Chimney Sweep
Property Details for 2825 Rdg E Rd
- Year built
- 2003
- Construction
- CONCRETE BLOCKS
- Lot size
- 3.17 lot acres
- Property size
- 51,416 SF
- Property type
- Strip malls
- Property subtype
- Neighborhood centers
- APN
- 03-012-00-075-00
- APU
- 30120007500
Description
Plaza East, a 47,615 square foot shopping center in Ashtabula, Ohio, is available for $3,250,000. Built in 2003, this multi-tenant property currently boasts 68% occupancy across 10 units. The property features several turnkey medical office suites, previously occupied by a surgery center and dermatology practice, making it ideal for medical office users or owner-users. Its tenant mix is largely service-based and food-related, providing resilience against online competition. Priced at $72 per square foot, it's significantly below replacement cost. The strong tenant synergy and prime location within Ashtabula's main retail corridor, shadowing Ashtabula Towne Square and near major retailers like Lowe's, Walmart, and Home Depot, ensures high visibility and foot traffic. The property offers significant value-add potential
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Ashtabula
- County
- Ashtabula
- State
- Ohio
- Longitude
- -80.7589
- Latitude
- 41.8774
- CBSA code
- 11780
- CBSA name
- ASHTABULA, OH MICROPOLITAN STATISTICAL AREA
