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446 W Lake St
47,592 SF Industrial Building Ravenna, OH 44266 $985,142 CAD ($21 CAD/SF)
Executive Summary
Property Facts
| Price | $985,142 CAD | Rentable Building Area | 47,592 SF |
| Price Per SF | $21 CAD | No. Stories | 1 |
| Sale Type | Investment | Year Built/Renovated | 1955/2003 |
| Property Type | Industrial | Parking Ratio | 1.05/1,000 SF |
| Property Subtype | Manufacturing | Clear Ceiling Height | 14 ft 6 in |
| Building Class | C | No. Dock-High Doors/Loading | 2 |
| Lot Size | 4.35 AC | No. Drive In / Grade-Level Doors | 1 |
| Price | $985,142 CAD |
| Price Per SF | $21 CAD |
| Sale Type | Investment |
| Property Type | Industrial |
| Property Subtype | Manufacturing |
| Building Class | C |
| Lot Size | 4.35 AC |
| Rentable Building Area | 47,592 SF |
| No. Stories | 1 |
| Year Built/Renovated | 1955/2003 |
| Parking Ratio | 1.05/1,000 SF |
| Clear Ceiling Height | 14 ft 6 in |
| No. Dock-High Doors/Loading | 2 |
| No. Drive In / Grade-Level Doors | 1 |
Amenities
- Air Conditioning
Utilities
- Lighting
- Gas
- Water - City
- Sewer - City
- Heating - Gas
Space Availability
- Space
- Size
- Space Use
- Condition
- Available
The Subject Property is a 47,592 SF manufacturing building that sits on 4.35 acres of land. The property is located in Ravenna in close proximity to State Route 59 and Interstate 76. The current tenant manufactures/refurbishes aluminum wheels and they will be vacating by June 1st, 2024. The building is equipped with heavy 3 phase power, 2 docks, one 12x10 drive in door, a crane with a 4,000 lb capacity, and a wet sprinkler system. The roof has been well maintained with half of it being replaced in December of 2022. The majority of the building has 13'3" - 14'7" ceiling heights to the bar joist. The rear portion of the building, currently utilized for product storage, features 10'3" to the eaves and 13'3" to the peak. The building features approximately 2,000 SF of office space which features multiple private offices, a storage room, and 4 restrooms. SELLER FINANCING & LEASE TO PURCHASE OPTIONS AVALIABLE
The Subject Property is a 47,592 SF manufacturing building that sits on 4.35 acres of land. The property is located in Ravenna in close proximity to State Route 59 and Interstate 76. The current tenant manufactures/refurbishes aluminum wheels and they will be vacating by June 1st, 2024. The building is equipped with heavy 3 phase power, 2 docks, one 12x10 drive in door, a crane with a 4,000 lb capacity, and a wet sprinkler system. The roof has been well maintained with half of it being replaced in December of 2022. The majority of the building has 13'3" - 14'7" ceiling heights to the bar joist. The rear portion of the building, currently utilized for product storage, features 10'3" to the eaves and 13'3" to the peak. The building features approximately 2,000 SF of office space which features multiple private offices, a storage room, and 4 restrooms. SELLER FINANCING & LEASE TO PURCHASE OPTIONS AVALIABLE
The Subject Property is a 47,592 SF manufacturing building that sits on 4.35 acres of land. The property is located in Ravenna in close proximity to State Route 59 and Interstate 76. The current tenant manufactures/refurbishes aluminum wheels and they will be vacating by June 1st, 2024. The building is equipped with heavy 3 phase power, 2 docks, one 12x10 drive in door, a crane with a 4,000 lb capacity, and a wet sprinkler system. The roof has been well maintained with half of it being replaced in December of 2022. The majority of the building has 13'3" - 14'7" ceiling heights to the bar joist. The rear portion of the building, currently utilized for product storage, features 10'3" to the eaves and 13'3" to the peak. The building features approximately 2,000 SF of office space which features multiple private offices, a storage room, and 4 restrooms. SELLER FINANCING & LEASE TO PURCHASE OPTIONS AVALIABLE
| Space | Size | Space Use | Condition | Available |
| 1st Fl - A | 15,420 SF | Industrial | Partial Build-Out | Now |
| 1st Fl - B | 10,200 SF | Industrial | Partial Build-Out | Now |
| 1st Fl - C | 20,000 SF | Industrial | Partial Build-Out | Now |
1st Fl - A
| Size |
| 15,420 SF |
| Space Use |
| Industrial |
| Condition |
| Partial Build-Out |
| Available |
| Now |
1st Fl - B
| Size |
| 10,200 SF |
| Space Use |
| Industrial |
| Condition |
| Partial Build-Out |
| Available |
| Now |
1st Fl - C
| Size |
| 20,000 SF |
| Space Use |
| Industrial |
| Condition |
| Partial Build-Out |
| Available |
| Now |
1st Fl - A
| Size | 15,420 SF |
| Space Use | Industrial |
| Condition | Partial Build-Out |
| Available | Now |
The Subject Property is a 47,592 SF manufacturing building that sits on 4.35 acres of land. The property is located in Ravenna in close proximity to State Route 59 and Interstate 76. The current tenant manufactures/refurbishes aluminum wheels and they will be vacating by June 1st, 2024. The building is equipped with heavy 3 phase power, 2 docks, one 12x10 drive in door, a crane with a 4,000 lb capacity, and a wet sprinkler system. The roof has been well maintained with half of it being replaced in December of 2022. The majority of the building has 13'3" - 14'7" ceiling heights to the bar joist. The rear portion of the building, currently utilized for product storage, features 10'3" to the eaves and 13'3" to the peak. The building features approximately 2,000 SF of office space which features multiple private offices, a storage room, and 4 restrooms. SELLER FINANCING & LEASE TO PURCHASE OPTIONS AVALIABLE
1st Fl - B
| Size | 10,200 SF |
| Space Use | Industrial |
| Condition | Partial Build-Out |
| Available | Now |
The Subject Property is a 47,592 SF manufacturing building that sits on 4.35 acres of land. The property is located in Ravenna in close proximity to State Route 59 and Interstate 76. The current tenant manufactures/refurbishes aluminum wheels and they will be vacating by June 1st, 2024. The building is equipped with heavy 3 phase power, 2 docks, one 12x10 drive in door, a crane with a 4,000 lb capacity, and a wet sprinkler system. The roof has been well maintained with half of it being replaced in December of 2022. The majority of the building has 13'3" - 14'7" ceiling heights to the bar joist. The rear portion of the building, currently utilized for product storage, features 10'3" to the eaves and 13'3" to the peak. The building features approximately 2,000 SF of office space which features multiple private offices, a storage room, and 4 restrooms. SELLER FINANCING & LEASE TO PURCHASE OPTIONS AVALIABLE
1st Fl - C
| Size | 20,000 SF |
| Space Use | Industrial |
| Condition | Partial Build-Out |
| Available | Now |
The Subject Property is a 47,592 SF manufacturing building that sits on 4.35 acres of land. The property is located in Ravenna in close proximity to State Route 59 and Interstate 76. The current tenant manufactures/refurbishes aluminum wheels and they will be vacating by June 1st, 2024. The building is equipped with heavy 3 phase power, 2 docks, one 12x10 drive in door, a crane with a 4,000 lb capacity, and a wet sprinkler system. The roof has been well maintained with half of it being replaced in December of 2022. The majority of the building has 13'3" - 14'7" ceiling heights to the bar joist. The rear portion of the building, currently utilized for product storage, features 10'3" to the eaves and 13'3" to the peak. The building features approximately 2,000 SF of office space which features multiple private offices, a storage room, and 4 restrooms. SELLER FINANCING & LEASE TO PURCHASE OPTIONS AVALIABLE
PROPERTY TAXES
| Parcel Number | 31-362-00-00-013-000 | Improvements Assessment | $253,086 CAD |
| Land Assessment | $44,146 CAD | Total Assessment | $297,233 CAD |
PROPERTY TAXES
zoning
| Zoning Code | I-1 |
| I-1 |
Presented by
446 W Lake St
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