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251 Hester Ave
1,600 - 6,400 SF of Space Available in Alliance, OH 44601
Highlights
- The property includes an approximately 300 square foot rear patio, ideal for a tavern, cafe, or restaurant business.
Space Availability (4)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| Basement | 1,600 SF | Negotiable | $14.31 CAD/SF/YR $1.19 CAD/SF/MO $22,900 CAD/YR $1,908 CAD/MO | TBD | ||
| 1st Floor | 1,600 SF | Negotiable | $14.31 CAD/SF/YR $1.19 CAD/SF/MO $22,900 CAD/YR $1,908 CAD/MO | TBD | ||
| 2nd Floor | 1,600 SF | Negotiable | $14.31 CAD/SF/YR $1.19 CAD/SF/MO $22,900 CAD/YR $1,908 CAD/MO | TBD | ||
| Penthouse | 1,600 SF | Negotiable | $14.31 CAD/SF/YR $1.19 CAD/SF/MO $22,900 CAD/YR $1,908 CAD/MO | TBD |
Basement
1,600 square foot basement space that would be suitable as a hotel/motel/inn space with an area for entertainment. Also suitable for office or retail use. Also seeking a reliable contractor with a proven track record to maintain the building in exchange for a work or residential unit within the building.
- Space In Need of Renovation
- Can be combined with additional space(s) for up to 6,400 SF of adjacent space
1st Floor
Former tavern space with all kitchen equipment, bar equipment, etc. available for new tenant. Space is nearly turnkey with everything in place to run a successful business. Also seeking a reliable contractor with a proven track record to maintain the building in exchange for a work or residential unit within the building.
- Fully Built-Out as a Restaurant or Café Space
- Can be combined with additional space(s) for up to 6,400 SF of adjacent space
2nd Floor
1,600 square foot space that could be converted into multiple apartments. Would be a suitable space for student residents. Also seeking a reliable contractor with a proven track record to maintain the building in exchange for a work or residential unit within the building.
- Can be combined with additional space(s) for up to 6,400 SF of adjacent space
Penthouse
1,600 square foot open space suitable for living quarters. Could be converted to apartments. Also seeking a reliable contractor with a proven track record to maintain the building in exchange for a work or residential unit within the building.
- Fully Built-Out as Live/Work Space
- Open Floor Plan Layout
- Can be combined with additional space(s) for up to 6,400 SF of adjacent space
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
PROPERTY FACTS FOR 251 Hester Ave , Alliance, OH 44601
| Property Type | Retail | Year Built | 1940 |
| Property Subtype | Storefront Retail/Residential | Parking Ratio | 0.78/1,000 SF |
| Gross Leasable Area | 6,400 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Residential |
| Gross Leasable Area | 6,400 SF |
| Year Built | 1940 |
| Parking Ratio | 0.78/1,000 SF |
About the Property
Located in Alliance, 251 Hester Avenue is a versatile 4-story building spanning 6,400 square feet. This mixed-use property offers a range of possibilities. The third and fourth floors are perfect for residential purposes, such as student housing. The second floor features a fully equipped restaurant/cafe space, previously a tavern, with all necessary restaurant and bar equipment intact. The basement level is well-suited for motel or inn units. Additionally, the building can accommodate automotive storage, a variety store, a vintage clothing shop, a convenience store, and more.
Presented by
L.E. Holdings
251 Hester Ave
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