Homes for sale - 3228 N Ridge RD, Ashtabula, OH 44004

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Laura Petek

laura@laurapetek.com +1(440) 935-2898

$ 1,650,000

Est. payment | -/mo

0.88 Acres Lot

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$ 1,650,000

Est. payment | -/mo

Save

0.88 Acres Lot

Key Details

Property Type Commercial

Sub Type Retail

Listing Status Pending

Purchase Type For Sale

MLS Listing ID 5085723

HOA Y/N No

Year Built 2013

Annual Tax Amount $15,268

Tax Year 2023

Lot Size 0.880 Acres

Acres 0.88

Property Description

Very rare, newer construction (2013) Strip Center in one of the best locations in Ashtabula. Positioned on a hard corner with a traffic signal directly across from Ashtabula Towne Square and .5 miles to the Rt. 11 freeway exit. Situated in the primary retail corridor of Ashtabula surrounded by national tenants such as Chipotle, Lowes, Home Depot, Verizon, Tractor Supply, Walmart, Drugmart, Aldi, Harbor Fright, and more! High traffic counts of 18,200 VPD! 5,200 SF strip center listed at a 6.45% cap rate on in place income. Huge opportunity to add value by leasing the one vacant space previously occupied by GameStop for 10 years. Once the last unit is rented the cap rate is expected to be 10.00%. The Center is currently occupied by long term tenant Aspen Dental which recently signed their first lease extension showing their commitment to the Center. 2,000 SF retail space available for immediate occupancy. Reach out today for more information and to schedule a tour. Marketing package with Offering Memorandum and Rent Roll available upon request.

Location

State OH

County Ashtabula

Community Shopping

Rooms

Basement None

Interior

Heating Forced Air, Gas

Cooling Central Air

Fireplace No

Exterior

Parking Features Parking Lot

Fence None

Community Features Shopping

Water Access Desc Public

Roof Type Flat,Membrane

Present Use Retail

Building

Sewer Public Sewer

Water Public

Schools

School District Ashtabula Area Csd - 401

Others

Tax ID 30300002900

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Standard

Listed by Anthony D Takacs • Century 21 Homestar • takacs.century21@gmail.com 440-567-8047

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(440) 935-2898

laura@laurapetek.com

3228 N Ridge RD Ashtabula, OH 44004