VL Ravenna Road
Painesville, OH, 44077 $ 350,000
Baths0.0 Monthly Estimate*
$ 2,326
Studio
for $350,000. The lot size is 2.2.
EXCELLENT COMMERCIAL LOCATION SCORE for economic development, with high spatial demand and opportunity to expand local amenities for a quickly growing community. This prime 2.2-acre corner lot located in Concord Township, Lake County, Ohio, 1.25 miles east of State Route 44 and 3 miles south of I-90. The property offers exceptional visibility and access with 610’ of frontage on Painesville Ravenna Road and 135’ on Girdled Road. This is a 4-way stop and signalized corner with respectable traffic counts as supported by neighboring businesses like Marathon Gas, Bremec Garden Center, and Big Creek Veterinary Clinic. The region offers a high-quality lifestyle, complemented by diverse housing options, excellent schools, and recreational amenities. With Lake Erie nearby and a growing community of residential neighborhoods, this area presents ample opportunities for businesses to thrive. Concord Township is a hub for economic growth, with a focus on commercial, retail, and light industrial sectors. Supported by strategic partnerships and a comprehensive development plan, businesses here benefit from resources like financing assistance and workforce development programs. Zoned B-1 “Restricted Retail” development (Concord Township) Permitted Uses Include: Medical clinics and professional offices, Restaurant, Retail and business services, Financial, Sports/fitness clubs, Indoor recreation, Library, Museum, Theater, Government and Public services. Conditional Uses Include: Car Wash/Gas/Automotive, Outdoor storage, Micro-brewery/distillery/winery, Drive-thru facilities Veterinary, Funeral home, Child or adult day care, Group home, Meeting/Banquet, Church, Home for aging, Hospice Care, Garden/nursery center, Bed and Breakfast.
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FeaturesGeneralSewer None
Utilities ElectricityAvailable NaturalGasAvailable WaterAvailable SewerNotAvailable
Possession DeliveryOfDeed
View TreesWoods
Township Concord Twp
Property SubType Commercial
Tax Year 2023
County Lake
New Construction N
Property Type Land
HOA / Comm Assn N
Attached Garage N
Garage Y/N N
Status Active
Directions Southwest corner Girdled and Ravenna Road
City Painesville
View Y/N Y
Senior Community Y/N N
High School District Riverside LSD Lake- 4306
Lot Size Units Acres
Waterfront Y/N N
Carport Y/N N
Street Name Ravenna
Property Attached Y/N N
Land Lease Y/N N
Tax Annual Amount 1061.98
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Days on Market 12
Living Area Units SquareFeet
Standard Status Active
Middle/Junior School District Riverside LSD Lake- 4306
Elementary School District Riverside LSD Lake- 4306
Property Sub Type Additional Commercial
Legal Description T 1 L 1 A PVILLE RAV RD 609.11
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ExteriorParking Features None
Lot Features CornerLot IrregularLot
Water Source Public
Lot Size Area 2.2
Spa N
Lot Dimensions 202 X 609
Lot Size Acres 2.2
Frontage Length 202
Lot Size Source Assessor
Road Frontage Type CountyRoad
Number of Lots 1
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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InteriorBasement (Y/N) N
Air Conditioning Y/N N
Heating Y/N N
Fireplace Y/N N
Street Suffix Road
Electric On Property Y/N N
Main Level Bathrooms 0
Total Baths 0
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* Excluded FeaturesList ByJoe LattanzioListing Agent
joe@thelattanziogroup.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $2,326
- Monthly Property Taxes
- $88
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyLots and land listings in Painesville, OH
Average List Price $297,592
Percent of Sale Price 15%
About Painesville, OH 19,312 Population
9% Since 2002
$ 41,234 Median Income
33.3 Median Age
33% Households with Children
Trends Information provided by ATTOM Data Solutions.
4457645 Elementary School
4457739 Middle School
Unknown High School High School
Pricing HistoryDate | Price | Price Change | Description |
---|
5/8/2024 | $350,000 | | Listed Price |