For Sale
$295,000

6942 Oh-44Ravenna, OH 44266

10-Acre Commercial Property, High Traffic

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional mixed-use property, located at 6942 OH-44 in Ravenna, Ohio, presents a unique investment opportunity. Boasting a total of 2,132 square feet on a sprawling 10.2-acre lot, this property is situated on a busy corner at the intersection of State Route 44 and State Route 14, experiencing a high daily traffic count of 18,372 vehicles. The property features two units, currently vacant, within a single, one-story building constructed in 1949 and renovated in 1994. The property includes ample parking with 24 spaces, providing convenient access for both tenants and customers. Previously utilized as a medical office, the adaptable floor plan offers significant potential for various uses. The main area, originally a three-bedroom, one-bathroom single-family home, features a full basement. A separate section, converted from a garage, provides additional space. Both areas are ADA accessible. The property includes a large sitting area, kitchenette, full bathroom, half bath, and multiple exam rooms with sinks. Separate furnaces serve each unit. The roof is estimated to be 6-10 years old. This prime location offers proximity to University Hospital, NEO MED, and Kent State University, enhancing its appeal to a wide range of potential tenants. The property's zoning allows for diverse commercial uses, including conversion into residential apartments or continued use as commercial space. Demolition and new construction are also possibilities. Additional acreage surrounding the property is also available for purchase. The asking price is $295,000, translating to $138.37 per square foot. The property's APN is 29-210-00-00-010-000, 29-210-00-00-011-000. The zip code is 44266.

Highlights

  • $295,000 asking price for this mixed-use property.
  • 2,132 square feet on a 10.2-acre lot with 24 parking spaces.
  • Vacant, two-unit building, built in 1949, renovated in 1994.
  • Located at 6942 OH-44, Ravenna, OH 44266, on a busy corner with 18,372 daily traffic count.
  • Commercial zoning, near University Hospital, NEO MED, and Kent State University.

Property Details for 6942 Oh-44

Property type
Retail properties, Office properties
Square Feet
2,132 SF
Year Built/Renovated
1949/1994
Buildings
1
Stories
1
Lot Size (sq. ft)
444,312 SF
Units
2

Location Insight

City
Ravenna
County
Portage
State
Ohio
Latitude
41.179681126021
Longitude
-81.246391893151
6942 Oh-44, Ravenna, Ohio

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6942 Oh-44
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