For Sale
$199,999

4118 Main AveAshtabula, OH 44004

Five-Unit Multi-Use Investment

Overview

Added:
Dec 11, 2024
Days on market:
115
This unique investment opportunity in downtown Ashtabula, Ohio, presents a compelling mix of commercial and residential space. Located at 4118 Main Avenue, this 4,955 square foot property sits on a 0.33-acre lot and is zoned for commercial use. The property comprises five distinct units: a retail storefront boasting a large open area, private office, restroom, and storage; two two-bedroom apartments, each with a separate entrance and access to a shared two-car garage; and two additional garage/storage spaces, one approximately 700 square feet and the other approximately 300 square feet. Each apartment features its own address. The retail space and apartments benefit from high visibility on Main Avenue, easily accessible from US-20. The entire building, excluding the larger warehouse/garage, includes a full basement. This versatile property offers numerous possibilities for generating cash flow and return on investment, making it an attractive opportunity for savvy investors seeking a multi-use property with significant potential. The property's APN is 052130003100. Asking price is $199,999.

Highlights

  • $199,999 asking price.
  • 0.33-acre lot with 4,955 square feet of building space.
  • Five units: one retail storefront, two two-bedroom apartments, and two garage/storage spaces.
  • Commercially zoned.
  • Located at 4118 Main Avenue, Ashtabula, OH 44004.

Property Details for 4118 Main Ave

Property type
Specialty properties, Land
Square Feet
4,955 SF
Lot Size (sq. ft)
14,375 SF
Units
5

Location Insight

City
Ashtabula
County
Ashtabula
State
Ohio
Latitude
41.8699531
Longitude
-80.7799342
4118 Main Ave, Ashtabula, Ohio

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4118 Main Ave
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