$ 784,900
4935 S Prospect ST Ravenna, OH 44266
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$ 784,900
Est. payment | /mo
3.69 Acres Lot
$ 784,900
Est. payment | /mo
3.69 Acres Lot
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
MLS Listing ID 5055131
HOA Y/N No
Year Built 1991
Annual Tax Amount $7,319
Tax Year 2023
Lot Size 3.693 Acres
Acres 3.693
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.
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
Rooms
Basement None
Interior
Heating Forced Air, Gas, Radiant
Cooling Central Air
Fireplace No
Exterior
Garage Concrete, Garage, Heated Garage, Indoor, Parking Lot
Waterfront No
Water Access Desc Public
Roof Type Asphalt,Fiberglass
Parking Type Concrete, Garage, Heated Garage, Indoor, Parking Lot
Building
Sewer Septic Tank
Water Public
Schools
School District Rootstown Lsd - 6707
Others
Tax ID 32-019-00-00-001-006
Listed by Ryan Poland • Jack Kohl Realty • 330-296-9997 jkohlre@jkohlre.com
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "