Listed By
Agency Name: Jack Kohl Realty
Agency Contact: 330-296-9997 jkohlre@jkohlre.com
Shown By
Agency Title: Cutler Real Estate
Agency Phone: 888-763-7575
TOUR PROPERTY
Choose a date and time to see 240 S Chestnut Street, Ravenna, OH 44266.
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Property Description
Building available in the heart of Downtown Ravenna! This 2700 sq ft property is located directly to the Rear of the Portage County Courthouse. Three office units with on site parking lot in front. Each unit hosts 2-3 office rooms within. Built in 1940; remodeled in 1994.
Property Features
Property Type: Commercial - Office
Basement: None
Cooling: Central Air
Days on Market: 364
Heating: Forced Air, Gas
Lot Size: 0.12 Acres
Taxes: $3,117 / year
Year Built: 1940
Feature Descriptions
Building Features: Private Restrooms
Parcel#: 31-361-13-00-111-000
Parking: Off Street, Paved, Parking Lot
Sewer: Public Sewer
Units: 3
Water: Public
Local Schools
School District: Ravenna City
Demographics
Portage County Demographic Information for 240 S Chestnut Street, Ravenna, OH 44266Fips
Fips Code 39133
Population
2020 to 2023 Change up 0.5%
2010 Count 161,419
2020 Count 161,791
2023 Estimate (V2023) 162,665
2020 Estimate (V2023) 161,796
Age Distribution (Years Old)
0 to 4 4.5%
5 to 17 17.5%
18 to 64 59.5%
65 and Older 18.5%
Gender
Male 49.5%
Female 50.5%
Place of Birth
Foreign 3.1%
US 96.9%
Education
High School Graduate, Age 25+ 92.9%
Bachelor's Degree or Higher, Age 25+ 31.7%
Computer and Internet use
Households with a computer 93.7%
Households with a broadband Internet subscription 87.0%
Language
English is Second Language, Age 5+ 4.1%
English is First Language, Age 5+ 95.9%
Veterans
Veterans 8,208
Income
Per Capita Income $37,771
Median Household Income $69,796
People in Poverty 12.4%
Commute
Average Work Commute Time 26 minutes
Housing
Total Housing Units 71,416
Households 63,588
Average Household Size 2.42
Owner-Occupied 70.7%
Multi-Family 22.1%
Owner-Occupied Median Value $197,100
Median selected monthly owner costs -with a mortgage $1,494
Median selected monthly owner costs -without a mortgage $567
Median gross rent $990
Building Permits
New Private Housing Issued 2023 300
Years at Residence
1 Year or More 86.6%
Less Than 1 Year 13.4%
Business and Employment
Private non-farm Establishments 3,047
Private non-farm Employment 47,812
Private non-farm Employment Growth down 0.1%
Nonemployer Establishments 11,411
Number of Firms 12,070
Business Production
Value of Shipments $3,414,065,000
Wholesale Trade $2,552,575,000
Retail Trade $2,382,688,000
Retail Sales Per Capita $12,043
Accommodation and Food Services $268,582,000
Land
Land Area 487.38 sq. miles
Population Per Square Mile 332
Source: US Census Bureau
240 S Chestnut Street | MLS# 5092016
This commercial property located at 240 S Chestnut Street, Ravenna, OH 44266 is currently listed for sale with an asking price of $250,000. S Chestnut Street is located within the Ravenna City school district. Search Ravenna real estate on 9590shawneetrail.cutlerhomes.com today.