161 Chestnut StRavenna, OH 44266
- Land
- 0.19 AC
Property Details for 161 Chestnut St
- Lot size
- 0.19 AC
- Property type
- Land
- Property subtype
- Commercial land
- APN
- 31-360-03-00-042
- APU
- 313600300042
Description
This exceptional 4,405-square-foot retail or restaurant space is ideally situated at 161 N Chestnut Street in Ravenna, Ohio's central business district (CBD). The property, located on a 0.25-acre lot, boasts a charming historic character, having been built in 1900 and renovated in 2000. The two-story building offers a single tenancy, perfect for an established business or a new venture seeking a move-in ready space. The property's zoning designation is CBD, reflecting its prime location within the city's commercial core. Its convenient location ensures high visibility and accessibility for customers. While the building itself doesn't include dedicated parking spaces, its central location within the CBD offers ample public parking options nearby. The property's Class C designation reflects its solid construction and functional layout, offering a cost-effective option for businesses seeking a well-maintained space with significant potential. The Portage County location, with APN 31-360-03-00-041-000, provides easy access to local amenities and a strong customer base. This turnkey opportunity presents a rare chance to acquire a beautifully maintained property in a thriving downtown area. The spacious yet cozy interior provides an ideal setting for a variety of restaurant concepts or retail businesses.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
Alternative Use
- Use
- Valuation
- Residential
- $1,763,641
- Hospitality
- $1,615,485
- Educational
- $1,344,065
- Medical
- $1,390,289
- Retail
- $2,090,768
Location Insight
- City
- Ravenna
- County
- Portage
- State
- Ohio
- Latitude
- 41.1599
- Longitude
- -81.2434
- CBSA code
- 10420
- CBSA name
- AKRON, OH METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
- How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
- Please email our support team at [email protected] and they will add the team member.
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- Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
- How can I contact the broker?
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