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PLAZA EAST 2825-2893 N Ridge Rd
47,615 SF 58% Leased Retail Building Ashtabula, OH 44004 $3,250,000 ($68/SF)
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.
Executive Summary
Matt Wallace
License No. REC.2022007141 (OH)
(866) 889-0550
Matthews Real Estate Investment Services, Inc
950 Main Ave.,
Suite 510, Cleveland, OH 44113
Property Facts
Amenities
- Pylon Sign
- Restaurant
- Signage
- Tenant Controlled HVAC
- Storage Space
Space Availability
- Space
- Size
- Space Use
- Position
- Available
Broker of Record Matt Wallace License No. REC.2022007141 (OH) (866) 889-0550 Matthews Real Estate Investment Services, Inc 950 Main Ave., Suite 510, Cleveland, OH 44113
Broker of Record Matt Wallace License No. REC.2022007141 (OH) (866) 889-0550 Matthews Real Estate Investment Services, Inc 950 Main Ave., Suite 510, Cleveland, OH 44113
Broker of Record Matt Wallace License No. REC.2022007141 (OH) (866) 889-0550 Matthews Real Estate Investment Services, Inc 950 Main Ave., Suite 510, Cleveland, OH 44113
Broker of Record Matt Wallace License No. REC.2022007141 (OH) (866) 889-0550 Matthews Real Estate Investment Services, Inc 950 Main Ave., Suite 510, Cleveland, OH 44113
Broker of Record Matt Wallace License No. REC.2022007141 (OH) (866) 889-0550 Matthews Real Estate Investment Services, Inc 950 Main Ave., Suite 510, Cleveland, OH 44113
Broker of Record Matt Wallace License No. REC.2022007141 (OH) (866) 889-0550 Matthews Real Estate Investment Services, Inc 950 Main Ave., Suite 510, Cleveland, OH 44113
Broker of Record Matt Wallace License No. REC.2022007141 (OH) (866) 889-0550 Matthews Real Estate Investment Services, Inc 950 Main Ave., Suite 510, Cleveland, OH 44113
| Space | Size | Space Use | Position | Available |
| 1st Floor | 1,760 SF | Retail | - | Now |
| 1st Floor | 1,800 SF | Retail | - | Now |
| 1st Floor | 2,000 SF | Retail | - | Now |
| 1st Floor | 2,580 SF | Retail | - | Now |
| 1st Floor | 3,200 SF | Retail | - | Now |
| 1st Floor | 3,350 SF | Retail | - | Now |
| 1st Floor | 5,100 SF | Retail | - | Now |
1st Floor
| Size |
| 1,760 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| Now |
1st Floor
| Size |
| 1,800 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| Now |
1st Floor
| Size |
| 2,000 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| Now |
1st Floor
| Size |
| 2,580 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| Now |
1st Floor
| Size |
| 3,200 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| Now |
1st Floor
| Size |
| 3,350 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| Now |
1st Floor
| Size |
| 5,100 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| Now |
1st Floor
| Size | 1,760 SF |
| Space Use | Retail |
| Position | - |
| Available | Now |
Broker of Record Matt Wallace License No. REC.2022007141 (OH) (866) 889-0550 Matthews Real Estate Investment Services, Inc 950 Main Ave., Suite 510, Cleveland, OH 44113
1st Floor
| Size | 1,800 SF |
| Space Use | Retail |
| Position | - |
| Available | Now |
Broker of Record Matt Wallace License No. REC.2022007141 (OH) (866) 889-0550 Matthews Real Estate Investment Services, Inc 950 Main Ave., Suite 510, Cleveland, OH 44113
1st Floor
| Size | 2,000 SF |
| Space Use | Retail |
| Position | - |
| Available | Now |
Broker of Record Matt Wallace License No. REC.2022007141 (OH) (866) 889-0550 Matthews Real Estate Investment Services, Inc 950 Main Ave., Suite 510, Cleveland, OH 44113
1st Floor
| Size | 2,580 SF |
| Space Use | Retail |
| Position | - |
| Available | Now |
Broker of Record Matt Wallace License No. REC.2022007141 (OH) (866) 889-0550 Matthews Real Estate Investment Services, Inc 950 Main Ave., Suite 510, Cleveland, OH 44113
1st Floor
| Size | 3,200 SF |
| Space Use | Retail |
| Position | - |
| Available | Now |
Broker of Record Matt Wallace License No. REC.2022007141 (OH) (866) 889-0550 Matthews Real Estate Investment Services, Inc 950 Main Ave., Suite 510, Cleveland, OH 44113
1st Floor
| Size | 3,350 SF |
| Space Use | Retail |
| Position | - |
| Available | Now |
Broker of Record Matt Wallace License No. REC.2022007141 (OH) (866) 889-0550 Matthews Real Estate Investment Services, Inc 950 Main Ave., Suite 510, Cleveland, OH 44113
1st Floor
| Size | 5,100 SF |
| Space Use | Retail |
| Position | - |
| Available | Now |
Broker of Record Matt Wallace License No. REC.2022007141 (OH) (866) 889-0550 Matthews Real Estate Investment Services, Inc 950 Main Ave., Suite 510, Cleveland, OH 44113
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 030120007500 | Improvements Assessment | $433,340 |
| Land Assessment | $148,160 | Total Assessment | $581,500 |
PROPERTY TAXES
Presented by
PLAZA EAST | 2825-2893 N Ridge Rd
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