1617 Claremont Avenue, Ashland, OH 44805
$4,200,000
Property Type:
Commercial
Square Footage:
92,843
Lot Size (sq. ft.):
388,991
Status:
Closed
Current Price:
$4,200,000
List Date:
3/26/2020
Last Modified:
1/31/2025
Description
INCOME PRODUCING PROPERTY. Wonderful investment opportunity to add to your portfolio ! Triple net lease with good long term tenants. Shopping Plaza that has been well maintained with tenants that all want to stay. The Plaza is on 8.93 Acres, there is an additional 20.36 Acre parcel included for development. This affords you the opportunity to choose the type of development that will be located next to your stores. There are currently 3 store at this Plaza, a good grocery store, a Drug Mart, as well as a Goodwill Store. GREAT CASH FLOW. A wonderful opportunity for Investors/Developers! CAP Rate:10.63%
Supplements: ********
More Information MLS# 219005626
Location Property Info
Original List Price: 5995000
Sold Price: $4,200,000
Property Sub Type: Retail
Street #: 1617
Street Name: Claremont
Street Suffix: Avenue
County: Ashland
State: OH
Zip Code: 44805
Township: None
OfficeContract Info
Status: Closed
MLS Entry Date: 2019-02-28
General Property Info
Total SqFt Available: 92843
Bldg Sq Ft: 92843
Max Cont Sqft Avail: 92843
# of Docks: 3
# of Floors Above Gr: 1
Year Built: 1964
Acreage: 8.93
Tax Info
Parcel #: P44-078-0-0010-00
Addl Parcel Numbers: 440780001200
Tax Year: 2018
Tax Abatement: No
Taxes (Yrly): 64250
Tax Incentive: No
Status Change Info
Under Contract Date: 2020-03-25
Sold Date: 2020-03-30
Sold Price: $4,200,000
Sold Price/SqFt: 45.24
Auction Info
Auction/Online Bidding Y/N: No
Sale Info
Seller Assisted Fin: N
Seller/Buyer Concessions: N
Property Features
Addl Acceptance Cond: None Known
MLS Primary PhotoSrc: Realtor Provided
Listing Office: Kaufman Realty & Auctions
Listing Agent: Pedro Guzman Medrano
Last Updated: January - 31 - 2025
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