4220 Main Ave - Bank FOR SALE


Ashtabula, OH 44004
$392,000 USD
770-672-5564
4220 Main Ave, Ashtabula, OH for Sale
$392,000 USD
Bank - FOR SALE
1/5
null | 8.51% Cap Rate

4220 Main Ave
Ashtabula, OH 44004


HIGHLIGHTS

  • Established in 1958, Port Conneaut Federal Credit Union maintains approximately $29.97 million in total assets and serves over 5,000 members.
  • Located just 5 minutes from Ashtabula County Medical Center, a primary healthcare provider serving residents throughout Ashtabula County.
  • Within walking distance of Cederquist Park, a well-known cultural and recreational destination in Ashtabula County.
  • Only 10 minutes from the East Ashtabula and Palmetto Beach neighborhoods, providing convenient access to a stable residential population base.
  • Situated directly across the street from Main Street Pizza, a popular and well-frequented local restaurant.
  • Approximately 8 minutes from the Hubbard House Underground Railroad Museum, a notable 19th-century historical landmark and regional attraction.

OVERVIEW

We are pleased to exclusively offer for sale the 1,982 SF Port Conneaut Federal Credit Union located at 4220 Main Avenue in Ashtabula, OH. This investment opportunity features a corporate guarantee providing strong tenant security and stability. The property is strategically located just 5 minutes from Ashtabula County Medical Center, a major regional healthcare provider serving residents across Ashtabula County and surrounding areas in northeastern Ohio. Its proximity to this key medical hub enhances daily traffic and long-term location viability, making this asset a compelling and stable investment opportunity. In Cooperation With ParaSell, Inc. , A Licensed Ohio Broker - Lic. #REC.2020005946 BoR: Scott Reid - Lic. OH #BRKP.2020001224

FOR SALE DETAILS

PRICE

$392,000 USD

PRICE/SF

$198 USD /SF

CAP RATE

8.51%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Port Conneaut Credit Union - Ashtabula, OH

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Bank

ADD'L SUBTYPES

Storefront, Storefront Retail/Office, Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2010

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.29 AC

LAND SF

12,632 SF

ZONING

-

APN/PARCEL ID

052130004400

ASK ABOUT THIS PROPERTY

Cole KoepsellSands Investment Group Atlanta, LLCMore Info
770-672-5564

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Cole KoepsellSands Investment Group Atlanta, LLCMore Info
770-672-5564

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.