List Search

2825-2893 N Ridge Rd
Ashtabula, OH 44004

$3,200,000 USD

General Retail For Sale  •  47,615 SF

Property Details

  • Property Type General Retail
  • Total Building Size 49,415 SF
  • Lot Size 3.17 AC
  • Building Class B
  • Year Built 2003
  • Tenancy Multiple
  • Zoning Local Business District
0 Transit Score
46 Walk Score

Highlights

Prime Retail Corridor: Situated within the primary retail corridor of Ashtabula, Plaza East is placed strategically to compliment nearby retailers.
Value Add: Plaza East is being offered 76% occupied, with significant opportunity to boost NOI upon lease up of vacant space.
Strong Leasing Momentum: Just over the past year, we have successfully added three new tenants to the Plaza
Destination Real Estate: Opportunity to own in one of the fastest growing marketing in Northeast Ohio
Priced Below Replacement Cost: This asset is priced well below the replacement cost, at an attractive price per square foot of $65 PSF.
Surrounding New Developments: Over just the past few years, there has been several major retailers breaking ground in the Ashtabula market

Amenities

  • Pylon Sign
  • Restaurant
  • Signage
  • Tenant Controlled HVAC
  • Storage Space

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 142
Type: Surface
Included in Rent: Yes
Charlie Wood 216-777-2153 Matthews Real Estate Investment Services
Charlie Wood 216-777-2153 Matthews Real Estate Investment Services