4935 S Prospect Street, Ravenna, OH 44266

Property Description

Calling all investors! Don’t miss this unique opportunity to purchase a 100% occupied 6 unit retail building with warehouse in Rootstown Ohio. This well positioned building located on S Prospect Street (SR 44) near the busy intersection of S. Prospect and Sandy Lake Rd. features 8,960 sq ft with 5 half bathrooms, 1 full bathroom, 4 large drive-in doors, walk-up attic space, large warehouse/shop, 3.69 acres, and ample parking. Investment Highlights: 100% Occupied. Good rental history and several long term tenants. Opportunity to increase rental income. Great Location and Visibility. High traffic counts (approximately 10,000 + cars per day). Zoned C-2/ General Commercial. 3.6930 Acres with Ample Parking (128 ft. x 60 ft. parking lot). Units A & B have 8ft ceilings, and unit B has a kitchenette while units C, D & E have 14 ft. ceilings. Units C, D, & E are approx. 40 x 80 combined and units A & B are approx. 24 x 40. Unit F is approx. 3,000 Sq. ft. with 16 ft. Ceilings. Units D, C & E have 10 ft. x 12 ft. drive in door. Unit F has a 14 ft. x 14 ft. drive in door. 5 New A/c Units (Units A,B, C,E) and 3 New Furnaces (Units CDE). Unit D A/C to replaced prior to closing. NO A/C in warehouse. Gas and Electric metered separately. Approximately 1 mile from I-76 and less than .5 miles to SR 5. Approximately 1.6 Miles from NEOMED (Northeastern Ohio College of Medicine), and 7 miles from Kent State University. Minutes from Downtown Kent and Downtown Ravenna. Close proximity to several newer residential housing developments.