For Sale
$325,000

161 Chestnut St Ravenna, OH 44266

Historic Charm, Fully Equipped, Ready to Operate

Overview

Added:
Dec 11, 2024
Days on market:
135
This exceptional turnkey restaurant opportunity in downtown Ravenna, Ohio, is priced at $325,000. The 4,405 square foot, three-story building sits on a 0.25-acre lot at 161 N Chestnut St, 44266. Currently vacant, this property offers a beautifully maintained space with significant historic charm, perfect for a variety of restaurant concepts. All furniture, fixtures, and equipment are included, eliminating the need for costly start-up investments. The layout includes a bar, a spacious dining area, and a private upstairs area suitable for small events or additional seating. Ample parking is available, and the location offers excellent walkability to Main Street, with its diverse selection of local shops and businesses. Leasing options are also available for this property. While a liquor license is not included in the sale, obtaining one is reportedly accessible and affordable. The asking price equates to $73.78 per square foot. This is a rare opportunity to acquire a well-maintained, established restaurant space in a vibrant downtown location. Don't miss out on this chance to own a piece of Ravenna's rich history and thriving culinary scene.

Highlights

  • Turnkey restaurant with all furniture, fixtures, and equipment included.
  • Ample parking.
  • Walking distance to Main Street and local businesses.
  • Leasing options available.
  • Liquor license not included, but easily obtainable.

Property Details for 161 Chestnut St

Property type
Retail properties, Restaurants
Square Feet
4,405 SF
Stories
3
Lot Size (sq. ft)
10,890 SF

Location Insight

City
Ravenna
County
Portage
State
Ohio
Latitude
41.1597026
Longitude
-81.243429

FAQs

What type of property is this?
Retail property - Historic Charm, Fully Equipped, Ready to Operate
Where is the retail property located?
The property is located at 161 Chestnut St Ravenna, OH.
What is the asking price?
The asking price for this property is $325,000.
What are key features of this property?
This property features: Turnkey restaurant with all furniture, fixtures, and equipment included.; Ample parking.; Walking distance to Main Street and local businesses.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I access a private listing?
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161 Chestnut St
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