1423 Mifflin Ave
Ashland, OH 44805
Auction:12/4 - 12/6: Former Bank Branch - Ash · Retail Property For Sale

Property tour and contact detail information. Property Tours will be available by appointment, please contact the listing broker to schedule. Investment Highlights 1,100 SF Brick Building on .44 acre lot Centrally Located within Ashland???s commercial corridor between Ashland University and Ashland Fairgrounds Ideal for banking institution or professional office use Owner-operator opportunity or value-add through lease-up at market rates or redevelopment Investment Overview The former bank branch in Ashland is a vacant former banking facility located at 1423 Miffliln Ave in Ashland, OH. This former bank is ideal for owner occupants with an immediate need for retail/office space or for investors seeking significant value-add through lease-up at market rates. Situated on .44 aces, the property was built in 1986 and contains a one-story, 1,100 SF building. The Property has excellent visibility, multiple points of ingress/egress, and offers customers a drive up teller lane. Centrally Located within Ashland???s commercial corridor between Ashland University and Ashland Fairgrounds. The property sits adjacent to Ashland High School and a number of retailers in the area include Dollar Ge The property sits adjacent to Ashland High School and a number of retailers in the area include Dollar General, McDonald???s, Pizza Hut, and Arby???s. Located near a busy commuter route Claremont Avenue sees traffic counts of +/- 10,000 VPD. Ashland is a city in and the county seat of Ashland County, Ohio. The property has approximately 22,800 individuals residing within a 5 miles radius and an average household income of $61,661. The annual consumer spending demographics estimate a total specified consumer spending of ??$239,160 within a 5-mile radius of the Property in 2017.* Please Review the Purchase and Sale Addendum included in the due diligence vault for potential use restrictions. *