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Investment Highlights

  • Premier big-box retail facility offering 86,400 square feet of white boxed space with an open layout that is ready for custom build-out.
  • Equipped with desirable features such as high ceilings, private restrooms, a security system, and ample on-site parking.
  • Surrounded by leading brands such as Walmart Supercenter, The Home Depot, CVS, Aldi, Chipotle, Jersey Mike’s Subs, Burger King, Dunkin’, and more.
  • Upgraded in 2023, now offering LED lighting, widened dock doors, a new roof and insulation, a French drain, and new Reznor heaters.
  • Prominent visibility on Ridge Road ensures exposure to more than 20,000 vehicles daily along a high-impact retail corridor.
  • Robust demographics within 10 miles include over 48,000 residents, 24,500 employees, and $524 million in annual consumer spending.

Executive Summary

Seize a top spot in Ashtabula County with the premier, freestanding big-box retail property available at 3201 N Ridge Road. This flexible facility provides a total of 86,400 square feet in white box condition that is ready for build-out, presenting an ideal choice for a wide variety of retailers, showrooms, wholesalers, distributors, and more.

The property, originally built in 1995 and extensively renovated in 2023, is now equipped with LED lighting, two widened dock doors with new seals, a new roof with added insulation, a French drain in the back, and new Reznor heaters. Other desirable features include high ceilings with a 21- to 22-foot clear height, a fully open layout for flexible customization, private restrooms, a security system, and ample on-site parking. An on-site outbuilding measures 30feet by 72 feet with a 12-foot by 14-foot loading door. This combination of modern amenities and adaptable space makes the property an exceptional option for tenants seeking both function and convenience in Ashtabula’s dynamic trade area.

3201 N Ridge Road provides a high-impact location within an established retail hub, ideal for traffic-dependent businesses. The property enjoys prominent visibility on Ridge Road, with direct exposure to more than 20,000 daily vehicles. The property is neighbored by the Ashtabula Towne Square, anchored by Planet Fitness and the newly reopened J-Pal Cinemas. The area is also home to a large number of traffic-driving retail brands, including industry leaders like Walmart Supercenter, The Home Depot, Lowe's, CVS, Dunham's Sporting Goods, University Hospital System, Advance Auto Parts, and Aldi, as well as quality dining options such as Starbucks, Chipotle, Jersey Mike’s Subs, Jimmy John's, Burger King, Dunkin’, and more.

Growing retailers will find strong support in Ashtabula, driven by impressive demographics within 10 miles of the property. The area is home to more than 48,000 residents and 24,500 employees, with an average household income of more than $61,000. These local shoppers provide more than $524 million in annual spending, creating a climate of robust growth for retail ventures.

3201 N Ridge Road stands out as a compelling opportunity for tenants searching for quality, flexible space in a thriving retail marketplace. Don’t miss out on this incredible opportunity. Contact Ken Kister today to schedule a tour and learn all the advantages of choosing 3201 N Ridge Road.

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3D Exterior

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Financial Summary (Actual - 2025)

Annual Annual Per SF
Gross Rental Income $388,800 $4.50
Other Income - -
Vacancy Loss - -
Effective Gross Income $388,800 $4.50
Taxes $20,006 $0.23
Operating Expenses - -
Total Expenses $20,006 $0.23
Net Operating Income - -

Financial Summary (Actual - 2025)

Gross Rental Income
Annual $388,800
Annual Per SF $4.50
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $388,800
Annual Per SF $4.50
Taxes
Annual $20,006
Annual Per SF $0.23
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual $20,006
Annual Per SF $0.23
Net Operating Income
Annual -
Annual Per SF -

Property Facts

Sale Type
Investment
Sale Conditions
1031 Exchange
Property Type
Retail
Property Subtype
Freestanding
Building Size
86,400 SF
Building Class
B
Year Built/Renovated
1995/2023
Price
$4,967,000
Price Per SF
$57.49
Tenancy
Single
Building Height
1 Story
Loading Docks
2 Exterior
Building FAR
0.29
Lot Size
6.75 AC
Zoning
General Business
Parking
420 Spaces (4.86 Spaces per 1,000 SF Leased)

Amenities

  • Pylon Sign
  • Monument Signage
  • Backup Power / Generators

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • 1st Floor
  • 86,400 SF
  • Retail
  • -
  • 30 Days

This building was white boxed for a warehouse tenant, new LED lighting, widened the dock doors with new seals, a new roof with added insulation, and two overhead doors.

Space Size Space Use Position Available
1st Floor 86,400 SF Retail - 30 Days

1st Floor

Size
86,400 SF
Space Use
Retail
Position
-
Available
30 Days

1st Floor

Size 86,400 SF
Space Use Retail
Position -
Available 30 Days

This building was white boxed for a warehouse tenant, new LED lighting, widened the dock doors with new seals, a new roof with added insulation, and two overhead doors.

Fairly walkable
40/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100

About Ashtabula County

Ashtabula is the northernmost and largest county in Ohio, with just under 30 miles of coastline along Lake Erie. The coastline provides a unique microclimate, with sloping valleys and natural landscape making this region ideal for producing growing award-winning wines. The Grand River Valley is a dynamically expanding vineyard region with 31 wineries, five of which are critically acclaimed producers. There are numerous events hosted year-round within the 400+ acres of scenic vineyards, including the Ice Wine Trail, Cask, Corks and Forks, and the Turkey Trot. Ashtabula is also known as the covered bridge capital of Ohio, with 19 unique covered bridges. This includes the nation’s longest, the 613-foot Smolen-Gulf Bridge, and also the shortest, the eighteen-foot-long Liberty Street Bridge in Geneva.

Ashtabula County is just a short drive along Interstate 90 from Cleveland to the west, it borders Pennsylvania in the east, and it connects to the Youngstown metropolitan area to the south via Ohio Route 11. The Northeast Ohio Regional Airport, just over eight miles from the city of Ashtabula’s central business district, serves both corporate and private passengers. In addition, there are two deep water shipping ports in Ashtabula and Conneaut. Within Ashtabula County, there are eight recognized key industry clusters ranging from composite manufacturing, agribusiness, and chemical production to paper and packaging products and metal machinery and equipment. The county’s central location makes Ashtabula attractive to both Midwestern and East Coast industrial and consumer markets, with business and job growth promoted by The Growth Partnership for Ashtabula County.

There’s just under 6 million square feet of retail space in the county. Steady tenant interest and limited development activity have kept vacancy stable and low while supporting steady rent growth.

Demographics

Demographics

1 Mile 1 Mi. 3 Miles 3 Mi. 5 Miles 5 Mi.
1 mile
3 mile
5 mile
2025 Population
2,282
19,611
30,182
2030 Population
2,272
19,561
30,033
2025-2030 Projected Population Growth
-0.4%
-0.3%
-0.5%
Median Age
45.7
40.2
41.8
College Degree + Higher
16%
11%
13%
Daytime Employees
2,894
12,736
16,648
Total Businesses
373
1,425
1,769
Average Household Income
$72,703
$60,553
$67,328
Median Household Income
$61,987
$50,354
$53,790
Total Consumer Spending
$26.8M
$191.3M
$314.8M
2025 Households
1,005
8,338
12,783
Average Home Value
$146,426
$136,195
$165,893

Nearby Amenities

Restaurants

Applebee's American $$$ 2 min walk
Burger King - - 4 min walk
Bob Evans Restaurants - - 4 min walk
Red Lobster - - 6 min walk
Chipotle - - 7 min walk
Panda Buffet American - 8 min walk
KFC - - 8 min walk
Max's Pizza & Grill American - 9 min walk
Subway - - 9 min walk
Steak ‘n Shake Fast Food $$$ 11 min walk

Retail

Aspen Dental MD/DDS 6 min walk
GameStop Game Store 6 min walk
Verizon Wireless Communications 7 min walk
Tractor Supply Company Home Improvement 7 min walk
ALDI Supermarket 7 min walk
Mattress Firm Furniture/Mattress 6 min walk
OneMain Financial Finance Company 7 min walk
AT&T Wireless Wireless Communications 9 min walk
Best Cuts Salon/Barber/Spa 9 min walk
Planet Fitness Fitness 11 min walk

Hotels

Trademark Collection by Wyndham
43 rooms
7 min drive
Red Roof Inn
118 rooms
15 min drive
Americas Best Value Inn
47 rooms
14 min drive
Holiday Inn Express
77 rooms
15 min drive
Sleep Inn
64 rooms
14 min drive
Fairfield Inn
81 rooms
15 min drive
Hampton by Hilton
71 rooms
15 min drive

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 03-052-00-002-08
  • 03-052-00-002-27
Land Assessment
$152,740 (2024)
Improvements Assessment
$94,330 (2024)
Total Assessment
$247,070 (2024)
Annual Taxes
$20,006 ($0.23/SF)
Tax Year
2025

Sale Advisor

Sale Advisor

Ken Kister, President
Leasing, Renovations, Sales, accounting, tenant relations, commercial General Contractor ETC.
  • Listing ID: 33583350

  • Date on Market: 10/21/2024

  • Last Updated:

  • Address: 3201 N Ridge Rd E, Ashtabula, OH 44004

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