161 Chestnut StRavenna, OH 44266

Property Details for 161 Chestnut St

Lot size

0.19 AC

Property type

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.

• 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

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