4935 S Prospect ST Active

Ravenna,OH 44266

$ 784900

- Bed

0 Bath

0 SqFt


Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Sale

MLS Listing ID 5055131

Year Built 1991

Annual Tax Amount $7,319

Tax Year 2023

Lot Size 3.693 Acres

Property Description

Calling all investors! Don?t miss this unique opportunity to purchase a 100% occupied 6 unit retail building with warehouse in Rootstown Ohio. This well positioned building located on S Prospect Street (SR 44) near the busy intersection of S. Prospect and Sandy Lake Rd. features 8,960 sq ft with 5 half bathrooms, 1 full bathroom, 4 large drive-in doors, walk-up attic space, large warehouse/shop, 3.69 acres, and ample parking.

Investment Highlights:

100% Occupied.

Good rental history and several long term tenants.

Opportunity to increase rental income.

Great Location and Visibility.

High traffic counts (approximately 10,000 + cars per day).

Zoned C-2/ General Commercial.

3.6930 Acres with Ample Parking (128 ft. x 60 ft. parking lot).

Units A & B have 8ft ceilings, and unit B has a kitchenette while units C, D & E have 14 ft. ceilings.

Units C, D, & E are approx. 40 x 80 combined and units A & B are approx. 24 x 40. Unit F is approx. 3,000 Sq. ft. with 16 ft. Ceilings.

Units D, C & E have 10 ft. x 12 ft. drive in door.

Unit F has a 14 ft. x 14 ft. drive in door.

5 New A/c Units (Units A,B, C,E) and 3 New Furnaces (Units CDE). Unit D A/C to replaced prior to closing. NO A/C in warehouse.

Gas and Electric metered separately.

Approximately 1 mile from I-76 and less than .5 miles to SR 5.

Approximately 1.6 Miles from NEOMED (Northeastern Ohio College of Medicine), and 7 miles from Kent State University.

Minutes from Downtown Kent and Downtown Ravenna.

Close proximity to several newer residential housing developments.

Location

State OH

County Portage

Interior

Heating Forced Air,Gas,Radiant

Cooling Central Air

Exterior

Garage Concrete,Garage,Heated Garage,Indoor,Parking Lot

Waterfront No

Roof Type Asphalt,Fiberglass

Building

Sewer Septic Tank

Water Public

Schools

School District Rootstown Lsd - 6707

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