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Investment Highlights

  • 90% leased office building with gross income of $10K-11K per month.
  • Value add potential.

Executive Summary

Fully occupied office building available for sale at $1,200,000 in Ashtabula. Gross income of $10K-11K monthly.

Property Facts

Sale Type
Investment
Property Type
Office
Building Size
12,000 SF
Building Class
B
Year Built
2002
Price
$1,200,000
Price Per SF
$100
Cap Rate
8.70%
NOI
$104,400
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
6,000 SF
Building FAR
0.27
Lot Size
1.02 AC
Zoning
C1
Parking
40 Spaces (2.08 Spaces per 1,000 SF Leased)

Amenities

  • Fully Carpeted
  • Air Conditioning
Fairly walkable
40/100
Exceptionally drivable
90/100
Fairly bikeable
40/100

Property Taxes

Property Taxes

Parcel Number
052110001300
Land Assessment
$25,130
Improvements Assessment
$120,050
Total Assessment
$145,180
  • Listing ID: 34048100

  • Date on Market: 12/2/2024

  • Last Updated:

  • Address: 4510 Collins Blvd, Ashtabula, OH 44004

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