For Sale
$85,000

516 48Th StAshtabula, OH 44004

8,700 SF, $85k, High Potential

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional mixed-use property, located at 516 W 48th St in Ashtabula, Ohio, presents a compelling investment opportunity. The 8,700 square foot building is currently 50% occupied and offers a diverse range of potential uses, including storage, automotive, and gym space. Priced affordably at $85,000, this property boasts significant upside potential for a savvy investor. The building's adaptable layout allows for customization to suit a variety of tenants and business models. Situated in Ashtabula County, Ohio, with a 44004 zip code, this location offers convenient access to local amenities and transportation routes. The property's substantial size provides ample room for expansion or diversification of current operations. A thorough inspection is recommended to assess the property's condition and to fully understand its potential. This is a rare opportunity to acquire a large, versatile property at an attractive price point in a growing market. The current occupancy rate provides immediate cash flow, while the vacant space offers significant potential for increased revenue. Don't miss this chance to secure a valuable asset in a desirable location.

Highlights

  • $85,000 asking price for this mixed-use property.
  • 8,700 square feet of space.
  • 50% occupancy.
  • Located at 516 W 48th St, Ashtabula, OH 44004.

Property Details for 516 48Th St

Property type
Warehouses, Mixed-use properties
Square Feet
8,700 SF

Location Insight

City
Ashtabula
County
Ashtabula
State
Ohio
Latitude
41.8635959
Longitude
-80.7878
516 48Th St, Ashtabula, Ohio

FAQs

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516 48Th St
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