2825-2893 N Ridge Rd | Ashtabula, OH 44004
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2825-2893 N Ridge Rd
Ashtabula, OH 44004
PLAZA EAST · Retail Property For Sale
Investment Highlights
- Attractive seller financing available, allowing more flexibility and creativity when financing this asset.
- Plaza East benefits from being almost entirely services-based tenants. Several food-based tenants make up the space which cannot be beaten out by onli
- Strong surrounding tenant synergy increases the overall property exposure and promotes crossover shopping to the site.
- Plaza East benefits from several Turn Key medical office and medical user suites. Former Surgery Center and former Dermatology suites built out
- This asset is priced well below the replacement cost, at an attractive price per square foot of $72 PSF.
- Plaza East is being offered 68% occupied, with significant opportunity to boost NOI upon lease up of vacant space.
Property Facts
Property Type
Retail
Building Size
47,615 SF
Building Class
B
Year Built
2003
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.34
Lot Size
3.17 AC
Zoning
Local Business District
Parking
142 Spaces (2.87 Spaces per 1,000 SF Leased)
Frontage
273’ on US 20
Amenities
- Pylon Sign
- Restaurant
- Signage
- Tenant Controlled HVAC
- Storage Space
Property Taxes
| Parcel Number | 030120007500 | Improvements Assessment | $433,340 |
| Land Assessment | $148,160 | Total Assessment | $581,500 |
Property Taxes
Parcel Number
030120007500
Land Assessment
$148,160
Improvements Assessment
$433,340
Total Assessment
$581,500
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