9840 Ravenna RdTwinsburg, OH 44087

Property Details for 9840 Ravenna Rd

Year built

1962

Lot size

0.39 AC

Property size (Sq ft)

12,282 SF

Property type

Commercial real estate

APN

64-00188

APU

6400188

Description

This exceptional 12,282 square foot retail property at 9840 Ravenna Road, Twinsburg, OH, presents a compelling investment opportunity. Previously a public library, this versatile building boasts a prime location in the heart of Twinsburg's town square, directly across the park from a Starbucks. Currently, a dance studio occupies 10,782 square feet, generating a monthly income of $4,500 on a month-to-month lease—significantly below market rate, presenting substantial upside potential for increased rental income. An additional 1,500 square feet of immediately leasable space is available, perfect for a variety of businesses. The property benefits from a recently installed paved parking lot and shared common area restrooms. The 0.39-acre lot ensures ample parking and visibility. Situated near major employers, including an Amazon fulfillment center, and other popular amenities, this property enjoys strong tenant appeal and convenient access to major highways. The asking price is $399,000, making this a highly attractive investment in a thriving community. The property's strategic location and current income stream, combined with the potential for significant rental increases, make this a rare opportunity for investors seeking strong returns.

• Alternative Use

  Use

  Valuation

  Residential

  $2,673,542

  Hospitality

  $2,448,950

  Educational

  $2,037,498

  Medical

  $2,107,570

  Retail

  $3,169,440

Location Insight

City

Twinsburg

County

Summit

State

Ohio

Latitude

41.3134

Longitude

-81.4427

CBSA code

10420

CBSA name

AKRON, OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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