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 2025 Change up 1.0%
2010 Count 161,419
2020 Count 161,791
2025 Estimate (V2025) 163,404
2020 Estimate (V2025) 161,796
Age Distribution (Years Old)
0 to 4 4.5%
5 to 17 17.8%
18 to 64 58.5%
65 and Older 19.2%
Gender
Male 49.3%
Female 50.7%
Place of Birth
Foreign 3.7%
US 96.3%
Education
High School Graduate, Age 25+ 92.9%
Bachelor's Degree or Higher, Age 25+ 32.5%
Computer and Internet use
Households with a computer 95.7%
Households with a broadband Internet subscription 89.8%
Language
English is Second Language, Age 5+ 4.5%
English is First Language, Age 5+ 95.5%
Veterans
Veterans 8,134
Income
Per Capita Income $40,483
Median Household Income $75,766
People in Poverty 11.7%
Commute
Average Work Commute Time 25 minutes
Housing
Total Housing Units 71,416
Households 65,249
Average Household Size 2.37
Owner-Occupied 70.1%
Multi-Family 22.1%
Owner-Occupied Median Value $227,000
Median selected monthly owner costs -with a mortgage $1,578
Median selected monthly owner costs -without a mortgage $611
Median gross rent $1,064
Building Permits
New Private Housing Issued 2024 200
Years at Residence
1 Year or More 87.0%
Less Than 1 Year 13.0%
Business and Employment
Private non-farm Establishments 3,051
Private non-farm Employment 48,660
Private non-farm Employment Growth down 0.1%
Nonemployer Establishments 11,742
Number of Firms 2,004
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 7030hanbysloop.cutlerhomes.com today.