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446 W Lake St
Ravenna, OH 44266

$995,000 USD

Manufacturing For Sale  •  47,592 SF

Property Details

  • Property Type Manufacturing
  • Total Building Size 47,592 SF
  • Lot Size 4.35 AC
  • Building Class C
  • Year Built 1955
  • Cap Rate 10.11 %
  • Tenancy Multiple
  • Zoning I-1
0 Transit Score
26 Walk Score

Highlights

Long-Term Lease in Place: With Project Light, making attractive to investors seeking yield growth throughout their ownership period.
Limited Landlord Responsibilities: Include real estate taxes & insurance.
Recent maintenance: Partial roof replacement completed in December 2022 & warehouse windows replaced in 2025 —reducing near-term maintenance concerns
Immediate access to major highways: Situated near State Route 59 and Interstate 76, offering efficient connectivity for regional distribution and tran
High ceiling clearance: Main building area offers 13'3?–14'7? clearance; storage area ranges from 10'3? to peak of 13'3?—ideal for racking or overhead

Property Flyers

Cap Rate: 10.11 %

Major Tenants

Tenant SF Occupied Lease End Date
Kanga Manufacturing Consultants

Amenities

  • Air Conditioning

Public Transportation

AirportDriveWalkDistance
Akron-Canton Regional 39 min - 29.7 mi
Cleveland-Hopkins International 64 min - 45.3 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 50
Type: Surface
Included in Rent: Yes
Caleb Ogan 216-260-0923 Matthews Real Estate Investment Services
Caleb Ogan 216-260-0923 Matthews Real Estate Investment Services