446 W Lake St - Manufacturing FOR SALE
Ravenna, OH 44266 |
$995,000 USD
216-260-0923
446 W Lake St
Ravenna, OH 44266
HIGHLIGHTS
- Long-Term Lease in Place: With Project Light, making attractive to investors seeking yield growth throughout their ownership period.
- Limited Landlord Responsibilities: Include real estate taxes & insurance.
- Recent maintenance: Partial roof replacement completed in December 2022 & warehouse windows replaced in 2025 —reducing near-term maintenance concerns
- Immediate access to major highways: Situated near State Route 59 and Interstate 76, offering efficient connectivity for regional distribution and tran
- High ceiling clearance: Main building area offers 13'3?–14'7? clearance; storage area ranges from 10'3? to peak of 13'3?—ideal for racking or overhead
FOR SALE DETAILS
PRICE
$995,000 USD
PRICE/SF
$21 USD /SF
CAP RATE
10.11%
% LEASED
-
TENANCY
Multiple
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY TYPE
Industrial
PROPERTY SUBTYPE
Manufacturing
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1955
UTILITIES
Lighting, Gas, Water - City, Sewer - City, Heating - Gas
CLEAR CEILING HT
14.5 Ft
DOCKS
2
DRIVE INS
1
PARKING SPACES
50
LAND DETAILS
LAND ACRES
4.35
LAND SF
189,486
ZONING
I-1
APN/PARCEL ID
31-362-00-00-013-000
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216-260-0923
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216-260-0923
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