For Sale
$3,500,000

4200 Benefit AveAshtabula, OH 44004

Manufacturing/Warehouse, 283,527 SF

Overview

Added:
Dec 11, 2024
Days on market:
115
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.

Highlights

  • 283,527± SF industrial building.
  • Five distinct areas within the plant.
  • 19.05± acre site.
  • 114,000± SF leased to Great Lakes Shipyard (current lease).
  • 42,000± SF leased to Associated Materials (year-to-year lease expiring 3/24).
  • 127,527± SF of available space.

Property Details for 4200 Benefit Ave

Property type
Warehouses, Industrial properties
Square Feet
283,527 SF
Year Built
1947
Buildings
1
Stories
2
Lot Size (sq. ft)
829,818 SF

Location Insight

City
Ashtabula
County
Ashtabula
State
Ohio
Latitude
41.866800633789
Longitude
-80.805970124619
4200 Benefit Ave, Ashtabula, Ohio

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4200 Benefit Ave
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