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2411 W Prospect Rd
Ashtabula, OH 44004
Retail Property For Lease
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4,800 SF
Highlights
- 4,800 SF Freestanding Opportunity – Flexible retail building ideal for restaurant, retail, medical, or service users.
- Strong Consumer Spending – Over $332M in consumer spending within a 5-mile radius, projected to grow 9.65% by 2030.
- Drive-Thru Potential – Existing freestanding configuration offers the opportunity to add a drive-thru window (subject to municipal approvals).
- High visibility along Prospect Road with ~20,771 VPD, providing strong exposure and consistent traffic flow.
Property Facts
| Total Space Available | 4,800 SF | Gross Leasable Area | 4,800 SF |
| Property Type | Retail | Year Built | 1992 |
| Property Subtype | Freestanding | Parking Ratio | 5.21/1,000 SF |
| Total Space Available | 4,800 SF |
| Property Type | Retail |
| Property Subtype | Freestanding |
| Gross Leasable Area | 4,800 SF |
| Year Built | 1992 |
| Parking Ratio | 5.21/1,000 SF |
About the Property
Ashtabula, Ohio serves as the commercial hub for Ohio's northeastern Lake Erie shoreline, drawing consumers from throughout Ashtabula County, western Pennsylvania, and the greater Cleveland metropolitan area. Positioned along Interstate 90, State Route 11, and U.S. Route 20, the market benefits from excellent regional connectivity and serves as the primary retail, healthcare, and service center for a trade area of more than 95,000 residents. The area is supported by a diverse economic base anchored by manufacturing, healthcare, logistics, and tourism. Major employers including Ashtabula Regional Medical Center and Materion Corporation provide a stable employment base, while the Port of Ashtabula remains one of the largest bulk cargo ports on the Great Lakes and a significant economic driver for the region. Continued investment in infrastructure, broadband expansion, and public facilities further supports long-term growth. Ashtabula also benefits from a strong tourism economy driven by Lake Erie recreation and the Grand River Valley Wine Region, one of the premier wine destinations in the Midwest. Combined with ongoing revitalization of the Harbor District and historic downtown areas, these attractions help drive visitor spending and support retail, restaurant, and service-oriented businesses throughout the market.
