2.15 Acres Lot
2.15 Acres Lot
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Subdivision East Main Commerce Center In Ashland, Oh **Please Do Not Disturb The Tenants And Ongoing Businesss*
MLS Listing ID 226019252
Year Built 2000
Annual Tax Amount $31,621
Lot Size 2.150 Acres
Lot Dimensions 2.15
Property Sub-Type Mixed Use
Source Columbus and Central Ohio Regional MLS
Property Description
City/State: Ashland, OH 44805
County: Ashland
Tax Parcel Number(s): P44-067-0-0092-02 2.15 acres Tax $31,621
P44-067-0-0091-00 1.03 acres Tax $2,255
P44-067-0-0091-01 1.19 acres Tax $1,149
Taxes: 2025 $38,728.00
Calculated Acreage: 4.37 acres
Square footage: 28,420 SF Strip Center & 1,152 SF residence with
2-car detached garage
Land Use: Shopping Center/Residential
Utilities: Ohio Edison Electric, Columbia Gas, Ashland
City Water & Sewer
Asking Price: $3,400,000
Occupancy/Income: 100% occupied, Income of $27,190/monthly
$326,280 annually
East Main Commerce Center/Shopping Center located at 1141 - 1183 E.
Main Street in Ashland, OH 44805. 100% occupied 28,240 square foot center
and a 1,152 single-family residence with a 2-car detached garage. FIRST TIME
ON THE MARKET!! Built in 2001 by the current owner. Gross scheduled 2026
Income of $27,190/month, $326,280/annually. An upgraded single-family home
w/2-car garage can add an additional $15,000 - $20,000 annually. Recent
Improvements include a $140,000 TPO rubber membrane roof, & 5 skylights,
$100,000 In tenant improvements. Excellent construction, finishes, and
well-maintained. 10 tenants currently in the Center. Separate utilities,
ownership pays for water and trash. Self-managed with great upside. Must see
to be appreciated. Please do not disturb ongoing business or tenants.
Unique find in a great market area. Ideal for an IRS Section 1031 Like-Kind
Exchange property. Proforma financials off current income plus renting of single-family home currently family occuppied.
Location
State OH
County Ashland
Community East Main Commerce Center In Ashland, Oh **Please Do Not Disturb The Tenants And Ongoing Businesss*
Area 2.15
Zoning B - 3
Rooms
Other Rooms None
Dining Room No
Interior
Heating Forced Air
Equipment No
Laundry No Laundry Rooms
Others
Tax ID P44-067-0-0092-02
Acceptable Financing Conventional
Listing Terms Conventional
NEARBY SCHOOLS & PROPERTIES
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