4200 Benefit Ave Ashtabula, OH 44004
For Sale
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Property summary
This exceptional 283,527 square foot industrial property in Ashtabula, Ohio, presents a compelling investment opportunity. Situated on a 19.05-acre lot with convenient access to US Route 20 and State Routes 11 & 45, this two-story building boasts 10 loading docks, 10 drive-in doors, and impressive ceiling heights ranging from 15 feet to 23 feet 6 inches. The property includes a 3,000 KVA power station, a truck scale, and extensive outdoor storage. Currently, portions are leased to Great Lakes Shipyard (114,000+ SF) and Associated Materials (42,000+ SF), leaving 127,527+ square feet available. Built in 1947, the building features a dry sprinkler system, multiple cranes, and is mostly fenced. While rail access has been removed, it's feasible to reinstate. The property is zoned industrial and offers five distinct areas within the plant. All city utilities are available. The asking price is $3,500,000, translating to $12.34 per square foot. The APN is 05-309-00-008-00. This property is ideal for a variety of manufacturing and warehousing operations.
Property profile
VerifiedCap rate & NOI
Current use
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Industrial Manufacturer Construction Company
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Derived from the Ashtabula market rent, vacancy and expense benchmarks for this use type.
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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