Excellent opportunity to own an income producing property in downtown Ravenna, with plenty of parking. There are three buildings total on the property. The main building consists of five offices, a conference room, a front lobby, three restrooms, and also a spacious two bedroom apartment on the second floor. Quality millwork and craftsmanship throughout. Updated furnace, electric and some windows. Most of the offices are currently rented by long term tenants (walking distance to the County Courthouse). The second building is an 8 bay storage building. Each bay is 10x10x28 and rents for $95/mo each (always rented!). The last building is a two story 3 bay storage building which currently rents for $315/mo total.
The entire property currently brings in $3,645/month with potential to gross $4,045/mo.
This would make a great place for a business owner to have your own private office while having others pay for the real estate you own. Owner of last 40+ years is ready to pass along to new hands. Call agent today to schedule your private viewing.
: Forced air, Baseboard, Gas, Electric
: Window unit(s)
409 South Prospect St
W82° 45' 32.1''
N41° 9' 16.4''
409 South Prospect St, Ravenna, Portage, Ohio, United States 44601
Listing ID #4199815
Property Type : Commercial Sale
Listing ID : 4199815
Price : $260,000
Living Area : 3,526 Sqft
Year Built : 1901
Lot Area : 0.76 Sqft
Status : Active
PropertySubType : Mixed Use