241 Myrtle StreetRavenna, OH 44266

241 Myrtle StreetRavenna, OH 44266

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$479,000 Active
Commercial - Business MLS 5206922 New to the Market

Listed By

Agency Name: Berkshire Hathaway HomeServices Stouffer Realty
Agency Contact: sbeeson@stoufferrealty.com, 330-285-3306

Shown By

Agency Title: Cutler Real Estate
Agency Phone: 888-763-7575

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Property Description

Welcome to a truly one-of-a-kind property, this stunning 9,000 sq ft converted warehouse seamlessly blends industrial character with modern luxury, creating the ultimate loft-style living experience. Designed with intention and crafted as a true labor of love, this expansive home features an open-concept layout filled with incredible natural light, soaring ceilings, and dramatic spaces perfect for both everyday living and entertaining. The chef's kitchen is a standout, showcasing high-end stainless steel appliances, sleek contemporary cabinetry, and a striking cement countertop that perfectly complements the industrial aesthetic. The oversized primary suite offers a private retreat with a massive walk-in closet and ample space to unwind. Step outside to your private patio, complete with a hot tub,an ideal spot to relax or host guests. This property offers exceptional flexibility, with potential for mixed-use or investment opportunities. Whether you envision converting portions into apartments, creating a live/work setup, or simply enjoying the expansive single-residence layout, the possibilities are endless. Perfect for those seeking a New York City loft-style home with unmatched space, character, and versatility, this is a rare opportunity you won't want to miss. Transform this to a money making building if you want by making a couple loft apartments, maybe make the first level a business and live upstairs...like a coffee shop or an art studio...the possibilities are endless! In addition to the 9000 sqft....there is an additional 2600 sqft of garage space!!!!

241 Myrtle Street | MLS# 5206922

This commercial property located at 241 Myrtle Street, Ravenna, OH 44266 is currently listed for sale with an asking price of $479,000. Myrtle Street is located within the Ravenna City school district. Search Ravenna real estate on 7030hanbysloop.cutlerhomes.com today.

Property Features

Property Type: Commercial - Business
Days on Market: 1
Heating: Forced Air, Gas
Lot Size: 0.50 Acres
Taxes: $4,472 / year
Year Built: 1920

Feature Descriptions

Parcel#: 31-366-10-00-143-002

Local Schools

School District: Ravenna City

Demographics

Portage County Demographic Information for 241 Myrtle Street, Ravenna, OH 44266
Fips
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