1060 Claremont AveAshland, OH 44805

Property Details for 1060 Claremont Ave

Year built

1959

Lot size

0.34 AC

Property size (Sq ft)

6,298 SF

Property type

Healthcare properties

Property subtype

Medical offices

APN

P44-054-0-0059-00

APU

P440540005900

Description

This exceptional 644 square foot office suite, located at 1060 Claremont Ave in Ashland, Ohio (zip code 44805), is now available for lease. Situated within the Medical Arts Building, this single-tenant space boasts high visibility and ample off-street parking, ensuring convenient access for clients and employees. Recently remodeled and in pristine move-in condition, Suite 2 offers a welcoming reception area, three private offices, and a half-bathroom. The space is zoned B-1, making it suitable for a variety of professional uses. Utilities are conveniently divided, with the landlord covering water and sewage, while the tenant is responsible for electricity and gas. The property is located in Ashland County, Ohio, and offers a fantastic opportunity for businesses seeking a well-maintained, conveniently located office space. This prime location ensures high traffic visibility, attracting potential clients and enhancing business presence. The suite's layout is designed for optimal functionality and productivity, providing a comfortable and efficient work environment. Lease commencement is scheduled for November 1, 2024. Don't miss this chance to secure this exceptional office space.

• CAP approach

  CAP return

  Valuation

  6%

  $1,191,631

  6.5%

  $1,099,967

  7%

  $1,021,398

• Comparable approach

  Method

  Valuation

  Relative Method

  $589,115

  Geo Method

  $589,115

• Alternative Use

  Use

  Valuation

  Residential

  $1,363,959

  Hospitality

  $1,249,380

  Educational

  $1,039,469

  Medical

  $1,075,218

  Retail

  $1,616,952

Location Insight

City

Ashland

County

Ashland

State

Ohio

Latitude

40.8594

Longitude

-82.3281

CBSA code

11740

CBSA name

ASHLAND, OH MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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