1315 Cleveland Avenue

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1315 Cleveland Avenue

Ashland, OH 44805
Asking Price
$395K
Asset Type
Restaurant Retail
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Retail restaurant space measuring 1,478 square feet total.
  • Located on Cleveland Avenue in Ashland, Ohio 44805.
  • Offered for sale at an asking price of $395,000.
  • Well-suited for business owners in the local dining sector.
  • Property situated in a key regional market in Ohio.

What's Special

Establish a local dining destination at 1315 Cleveland Avenue in Ashland, Ohio. This 1,478-square-foot restaurant space provides a functional layout for retail or food service operations seeking a presence in this steady Midwestern market. The property benefits from its position within a recognizable thoroughfare, offering visibility for customer-facing businesses. Ashland serves as a regional hub with a stable population base and proximity to higher education institutions, making it an accessible point for diverse business models. Entrepreneurs and investors can utilize this structure to capture local demand in a city that balances industrial history with growing community needs. Its modest footprint allows for efficient management of overhead costs while maintaining the infrastructure necessary for a commercial kitchen or storefront enterprise. Whether looking for an owner-user scenario or a value-add retail investment, this asset provides a clear path to market entry in the Ashland corridor.

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NOI
$80,000
Cap Rate
20.25%
DSCR
3.41
Strong
Cash-on-Cash
47.72%
Monthly Payment
$1,954.244
Annual Cash Flow
$56,549.066

Location & Travel Times