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338 N. Diamond Street
Ravenna, OH 44266

Est. Mortgage: $1,200/mo
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High Cap rate Industrial property! This offering consists of 4 parcels totaling 1.26 acres and 2 separately occupied one story buildings totaling over 12,000 sq ft. Front building is about 5500 sq ft and has been occupied by well established Diamond Transmission for over 12 years. Back building is over 7500 sq ft and is being used by owner. Owner would lease back the back building at an acceptable rate for two years paid in advance. Buyer may continue lease for the front building while occupying rear building which is served by an outdoor dock. Both buildings have 12 ft drive in doors. This property is zoned unlimited I1. Owner will consider leasing the rear building or lease purchase. Bring all offers.

Property Details
  • OL107228

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Address Distance Sale date Sale price
822 Cleveland Rd 0.31 mi. 4/6/2017 $205,000
636 Walnut St 0.75 mi. 6/28/2018 $225,000
6251 Gladys St 1.73 mi. 11/30/2018 $232,000
154 East Main St 5.47 mi. 10/24/2017 $150,000
1171 West Main St 6.88 mi. 7/27/2018 $220,000
10685 Main St 8.41 mi. 5/31/2018 $265,000
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{"markerType": "Sold", "lat": "41.15364", "lng": "-81.35704", "Address": "154 East Main St", "City": "Kent", "StateProv": "OH", "ZipCode": "44240"}
{"markerType": "Sold", "lat": "41.15191", "lng": "-81.38414", "Address": "1171 West Main St", "City": "Kent", "StateProv": "OH", "ZipCode": "44240"}
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The approximate monthly principal & interest payment for this property would be $1,199.82.

This payment is based on a 30-year loan at a fixed rate of 4.750 % - APR 4.826 % with a down payment of $12,000. Actual lender interest rates and loan programs may vary. Loans with lower down payments are available.

Use our Mortgage Payment Calculator to determine a more exact payment estimate.

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338 N. Diamond Street, Ravenna, OH 44266 commercial offered for sale at $240,000.
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