1141 E Main Street, Ashland, OH 44805
New Listing
$3,400,000
Property Type:
Commercial
Lot Size (sq. ft.):
93,654
Status:
Active
Current Price:
$3,400,000
List Date:
5/29/2026
Last Modified:
5/29/2026
Overview
Description
Address: 1141 - 1183 E. Main Street
City/State: Ashland, OH 44805
County: Ashland
Tax Parcel Number(s): P44-067-0-0092-02 2.15 acres Tax $31,621
P44-067-0-0091-00 1.03 acres Tax $2,255
P44-067-0-0091-01 1.19 acres Tax $1,149
Taxes: 2025 $38,728.00
Calculated Acreage: 4.37 acres
Square footage: 28,420 SF Strip Center & 1,152 SF residence with
2-car detached garage
Land Use: Shopping Center/Residential
Utilities: Ohio Edison Electric, Columbia Gas, Ashland
City Water & Sewer
Asking Price: $3,400,000
Occupancy/Income: 100% occupied, Income of $27,190/monthly
$326,280 annually
East Main Commerce Center/Shopping Center located at 1141 - 1183 E.
Main Street in Ashland, OH 44805. 100% occupied 28,240 square foot center
and a 1,152 single-family residence with a 2-car detached garage. FIRST TIME
ON THE MARKET!! Built in 2001 by the current owner. Gross scheduled 2026
Income of $27,190/month, $326,280/annually. An upgraded single-family home
w/2-car garage can add an additional $15,000 - $20,000 annually. Recent
Improvements include a $140,000 TPO rubber membrane roof, & 5 skylights,
$100,000 In tenant improvements. Excellent construction, finishes, and
well-maintained. 10 tenants currently in the Center. Separate utilities,
ownership pays for water and trash. Self-managed with great upside. Must see
to be appreciated. Please do not disturb ongoing business or tenants.
Unique find in a great market area. Ideal for an IRS Section 1031 Like-Kind
Exchange property. Proforma financials off current income plus renting of single-family home currently family occuppied.
Listing Details MLS# 226019252
Location Property Info
- Original List Price
- 3400000
- Property Sub Type
- Mixed Use
- Street #
- 1141
- Street PreDirection
- E
- Street Name
- Main
- Street Suffix
- Street
- County
- Ashland
- State
- OH
- Zip Code
- 44805
- Subdiv/Cmplx/Comm
- East Main Commerce Center in Ashland, OH **Please do not disturb the tenants and ongoing businesss*
- Township
- None
OfficeContract Info
- MLS Entry Date
- 2026-05-29
General Property Info
- Previous Use
- Commerce/Retail
- Total SqFt Available
- 28420
- Max Cont Sqft Avail
- 28420
- Occupancy Rate
- 100
- # of Floors Above Gr
- Yes
- Total Parking
- 100
- Year Built
- 2000
- Use Code
- 426 - COMMUNITY SHOPPING CTR
- Acreage
- 2.15
- Bldg Sq Ft
- 0
- Minimum Sqft Avail
- 0
- # of Docks
- 0
Tax Info
- Parcel #
- P44-067-0-0092-02
- Zoning
- B - 3
- Addl Parcel Numbers
- 3 Parcels P44-067-0-0092-02 2.15 acres P44-067-0-0091-00 1.03 acres P44-067-0-0091-01 1.19 acres Total 4.37 acres - 28,420SF Commerce Center & 1,152 SF single family house with detached 2 car-garage
- Assessment
- None Known
- Tax Year
- 2025
- Tax Abatement
- No
- Taxes (Yrly)
- 31621
- Tax Incentive
- No
Property Condition
- Year Built Effective
- 2000
Expenses Paid by L
- Curr Yr Est $/SF LL
- 4.8
- Building Insurance
- Yes
- Repairs
- Yes
- RE Taxes
- Yes
More Information
T Reimburses L
- Curr Yr Est $/SF TRL
- 2.5
- Cam
- Yes
- Janitorial
- Yes
- Utilities
- Yes
Financials
- Financials ForYearOf
- 2026
- Gross Rental Income
- 326280
- Effective Income
- 326280
- Other Income
- 18000
- Vac & Cr Loss
- 0
Auction Info
- Auction/Online Bidding Y/N
- No
Location & Property Info
- List Price/SqFt
- 119.63
- City (Mailing Addr)
- Ashland
- Dist To Interchange
- 0.1
- Corp LimitPerAuditor
- Ashland
Office/Contract Info
- For Sale
- Yes
- Exchange
- Yes
- For Lease
- No
- Lease Rate $/Sq Ft
- 11.5
Remarks & Misc
- Property Description
- Address: 1141 - 1183 E. Main Street City/State: Ashland, OH 44805 County: Ashland Tax Parcel Number(s): P44-067-0-0092-02 2.15 acres Tax $31,621 P44-067-0-0091-00 1.03 acres Tax $2,255 P44-067-0-0091-01 1.19 acres Tax $1,149 Taxes: 2025 $38,728.00 Calculated Acreage: 4.37 acres Square footage: 28,420 SF Strip Center & 1,152 SF residence with 2-car detached garage Land Use: Shopping Center/Residential Utilities: Ohio Edison Electric, Columbia Gas, Ashland City Water & Sewer Asking Price: $3,400,000 Occupancy/Income: 100% occupied, Income of $27,190/monthly $326,280 annually East Main Commerce Center/Shopping Center located at 1141 - 1183 E. Main Street in Ashland, OH 44805. 100% occupied 28,240 square foot center and a 1,152 single-family residence with a 2-car detached garage. FIRST TIME ON THE MARKET!! Built in 2001 by the current owner. Gross scheduled 2026 Income of $27,190/month, $326,280/annually. An upgraded single-family home w/2-car garage can add an additional $15,000 - $20,000 annually. Recent Improvements include a $140,000 TPO rubber membrane roof, & 5 skylights, $100,000 In tenant improvements. Excellent construction, finishes, and well-maintained. 10 tenants currently in the Center. Separate utilities, ownership pays for water and trash. Self-managed with great upside. Must see to be appreciated. Please do not disturb ongoing business or tenants. Unique find in a great market area. Ideal for an IRS Section 1031 Like-Kind Exchange property. Proforma financials off current income plus renting of single-family home currently family occuppied.
Income/Expenses
- Gross Income
- 344280
- Net Operating Income
- 208013
- Total Expenses
- 136267
Addl Acceptance Cond
- None Known
- Yes
Construction
- Block
- Yes
Heat Fuel
- Gas
- Yes
Water Source
- Public
- Yes
Sewer
- Public Sewer
- Yes
Services Available
- Electricity Available
- Yes
- Natural Gas Available
- Yes
- Sewer Available
- Yes
- Storm Sewer
- Yes
- Water Available
- Yes
Heat Type
- Forced Air
- Yes
New Financing
- Conventional
- Yes
Business Type
- Retail
- Yes
- Shopping Center
- Yes
MLS Primary PhotoSrc
- Realtor Provided
- Yes
Property Features
Addl Acceptance Cond:
None Known
Expenses Paid by L:
Building Insurance; Repairs; RE Taxes
T Reimburses L:
Cam; Janitorial; Utilities
Heat Fuel:
Gas
Heat Type:
Forced Air
Water Source:
Public
Sewer:
Public Sewer
Services Available:
Electricity Available; Natural Gas Available; Sewer Available; Storm Sewer; Water Available
Construction:
Block
Business Type:
Retail; Shopping Center
New Financing:
Conventional
MLS Primary PhotoSrc:
Realtor Provided
Documents
East Main Commerce Center ›
Listing Office:
Hanna Commercial, LLC
Listing Agent:
Gregory J Hrabcak
Last Updated: May - 29 - 2026
The data relating to real estate for sale on this site comes from the Broker Reciprocity/IDX of Columbus Board of Realtors Multiple Listing Service.Information provided is thought to be reliable but is not guaranteed to be accurate; you are advised to verify facts that are important to you. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. Columbus Board of Realtors Multiple Listing Service does not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing. Copyright 2026 Columbus Board of Realtors. All rights reserved.