Ravenna Retail/Office for Sale or Lease

205-213 Lawrence Street Ravenna, OH 44266

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FOR SALE FOR LEASE Incentives
Property Type:
Strip Center
Amount:
$249,000
Last Verified:
Aug 16, 2017

Highlights

  • Sale Price: $249,000
  • Price PSF: $48.01
  • Taxes: $5,397.10 / Annually
  • Lease Rate: $650 Per Month (Gross)
  • Lease Term: 3-5 Years
  • Total Space Available: 5,186 SF
  • Lease Space Available: 1,020 SF
  • Acres: 0.40
  • Highest & Best Use: Office/Retail
  • # Of Stories / Buildings / Units: 1 / 1 / 5
  • Year Built / Remodeled: 1961 / 2002
  • Property Subtype: Strip Plaza
  • Zoning: C-1
  • Restrooms: 6
  • Parking: Ample

Description

This 5,186 SF 5-unit building is for sale or for lease. Currently 2 vacant units. Great investment. Long term tenants. Call Jeff Davis for more details.

This 5,186 SF 5-unit building is for sale or for lease. Currently 2 vacant units. Great investment. Long term tenants. Call Jeff Davis for more details.

Just off of Main St.


Year Built: 1961
Building Size: 5186.0sq ft
Lot Size: 0.4 acres

Units for Lease

205-213 Lawrence Street
Lease Type: Gross
Price Per Sqft/Year: $7.65

Map of 205-213 Lawrence Street, Ravenna, OH, 44266

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Real Estate Incentives (What is this?)
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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.