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1616 Claremont Ave
Ashland, OH 44805
Asking Price
$700K
Asset Type
Restaurant Retail
Class
Class B
What's Special
Prime 2nd Gen Restaurant on 2+ AC & 5,467 SF for Sale <ul><li><span style="color: rgba(33, 37, 41, 1)">2nd Gen Restaurant with Kitchen Infrastructure, Equipment and FF&E Included!</span></li><li><span style="color: rgba(33, 37, 41, 1)">2.1 Acre Development Opportunity</span></li><li><span style="color: rgba(33, 37, 41, 1)">Directly across the street from Discount Drug Mart</span></li><li><span style="color: rgba(33, 37, 41, 1)">Perfect for QSR redevelopment</span></li><li><span style="color: rgba(33, 37, 41, 1)">Zoned B-3 (Highway service busi
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NOI
$80,000
Cap Rate
11.43%
DSCR
1.92
Strong
Cash-on-Cash
18.31%
Monthly Payment
$3,463.218
Annual Cash Flow
$38,441.383
