446 Lk St Ravenna, OH 44266-3649
This exceptional 47,592-square-foot manufacturing facility, situated on a 4.35-acre lot in Ravenna, Ohio, presents a compelling investment opportunity. Currently vacant, the property offers significant potential for a variety of industrial uses. The building boasts heavy 3-phase power, two loading docks, and a 12' x 10' drive-in door, ensuring efficient operations. A 4,000 lb capacity crane and a wet sprinkler system enhance functionality and safety. The building features a well-maintained roof, with half recently replaced in December 2022. Ceiling heights range from 13'3" to 14'7" in the majority of the space, with a rear section offering 10'3" to the eaves and 13'3" to the peak. Approximately 2,000 square feet of office space includes multiple private offices, a storage room, and four restrooms. The property's convenient location near State Route 59 and Interstate 76 provides excellent access to transportation networks. The seller is open to lease-to-purchase options and will consider seller financing, making this an attractive proposition for qualified buyers. The property is available for occupancy after June 1st, 2024. This is a rare opportunity to acquire a substantial industrial property in a prime location with excellent features.
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Aluminum Wheel Auto Parts Store
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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