Ravenna, OH 44266,409 S Prospect ST
Ravenna, OH 44266,409 S Prospect ST
Ravenna, OH 44266,409 S Prospect ST
33
$230,000
$250,000
8.0%
Est.Price: ?

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3,526 SqFt

409 S Prospect ST Ravenna, OH 44266

Est. payment /mo
SOLD DATE : 01/15/2021

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Key Details

Sold Price $230,000

Property Type Commercial

Sub Type Mixed Use

Listing Status Sold

Purchase Type For Sale

Square Footage 3,526 sqft

Price per Sqft $65

Subdivision J L

MLS Listing ID 4239335

Sold Date 01/15/21

Construction Status Unknown

HOA Y/N No

Abv Grd Liv Area 3,526

Year Built 1901

Annual Tax Amount $4,434

Lot Size 0.764 Acres

Acres 0.764

Property Description

Excellent opportunity to own an income producing property in downtown Ravenna, with plenty of parking. There are three buildings total on the property. The main building consists of five offices, a conference room, a front lobby, three restrooms, and also a spacious two bedroom apartment on the second floor. Quality millwork and craftsmanship throughout. Updated furnace, electric and some windows. Most of the offices are currently rented by long term tenants (walking distance to the County Courthouse). The second building is an 8 bay storage building. Each bay is 10x10x28 and rents for $105/mo each (always rented!). The last building is a two story 3 bay storage building which currently rents for $315/mo total.
The entire property currently brings in $3,755/month with potential to gross $4,205/mo.
This would make a great place for a business owner to have your own private office while having others pay for the real estate you own. Owner of last 40+ years is ready to pass along to n

Location

State OH

County Portage

Rooms

Basement Partial, Unfinished

Interior

Heating Baseboard, Electric, Forced Air, Gas

Cooling Window Unit(s)

Fireplace No

Exterior

Parking Features Driveway, Paved

Water Access Desc Public

Roof Type Asphalt,Fiberglass

Total Parking Spaces 15

Building

Story 2

Sewer Public Sewer

Water Public

Construction Status Unknown

Schools

School District Ravenna Csd - 6706

Others

Tax ID 31-366-24-00-072-001

Financing Cash

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Listed by Lucien Pruszynski • RE/MAX Traditions
Bought with Lucien Pruszynski • RE/MAX Traditions

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agent

Derek Villers

REALTOR/Salesperson | License ID: WVS200301302

+1(304) 532-4907

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