2825-2893 N Ridge Rd - Storefront Retail/Office FOR SALE


Ashtabula, OH 44004
$3,250,000 USD
216-777-2153
2825-2893 N Ridge Rd, Ashtabula, OH for Sale
$3,250,000 USD
Storefront Retail/Office - FOR SALE
1/3
null | Request Cap Rate

2825-2893 N Ridge Rd
Ashtabula, OH 44004


HIGHLIGHTS

  • Attractive seller financing available, allowing more flexibility and creativity when financing this asset.
  • Plaza East benefits from several Turn Key medical office and medical user suites. Former Surgery Center and former Dermatology suites built out
  • Plaza East benefits from being almost entirely services-based tenants. Several food-based tenants make up the space which cannot be beaten out by onli
  • This asset is priced well below the replacement cost, at an attractive price per square foot of $72 PSF.
  • Strong surrounding tenant synergy increases the overall property exposure and promotes crossover shopping to the site.
  • Plaza East is being offered 68% occupied, with significant opportunity to boost NOI upon lease up of vacant space.

OVERVIEW

Broker of Record Matt Wallace License No. REC.2022007141 (OH) (866) 889-0550 Matthews Real Estate Investment Services, Inc 950 Main Ave., Suite 510, Cleveland, OH 44113

FOR SALE DETAILS

PRICE

$3,250,000 USD

PRICE/SF

$68 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

PLAZA EAST

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2003

SPRINKLERS

-

PARKING SPACES

142

LAND DETAILS

LAND ACRES

3.19 AC

LAND SF

138,956 SF

ZONING

Local Business District

APN/PARCEL ID

030120007500

ASK ABOUT THIS PROPERTY

Charlie WoodMatthews Real Estate Investment ServicesMore Info
216-777-2153

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Charlie WoodMatthews Real Estate Investment ServicesMore Info
216-777-2153

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.