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$349,900
1606 Columbus Avenue, Ashtabula, OH 44004
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0.22 acres
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Stories
Exceptional mixed-use investment opportunity featuring a commercial building, income-producing storage rental units, and a duplex. The commercial space can be possibly utilized as a pizza shop, deli, storefront etc. with potential rent up to $1500/mo. and includes commercial-grade sinks, wash station equipment, grease trap, handicap-accessible entrance and restroom, and Health Department-approved restaurant infrastructure. Recent improvements updated electrical and plumbing systems, fresh exterior paint, and a front concrete slab installed approximately two years ago. Gas forced-air heat serves the property. Additional income is generated from 11 heated storage units currently renting for approximately $80 per month each, offering front-door access. The attached brick duplex offers two residential units. One unit features 2 bedrooms, 1 bath, living room, family room, and an attached one-car garage (Owner occupied with basement tenant paying $500/mo). The second unit offers 3 bedrooms and 1 bath with $675/mo income. Residential tenants are currently on month-to-month basis. A versatile opportunity for investors, business owners, or those seeking a property with multiple income streams. Buyers should verify all uses, zoning, rental income, and measurements.
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1606 Columbus Avenue, Ashtabula, OH 44004
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Estimated monthly payment
$2,192
Estimates only. Taxes and insurance are approximated from the list price and vary by county and carrier. Talk to a lender for a real quote.