1141 E Main Street, Ashland, OH 44805
$3,400,000
Property Type:
Commercial
Lot Size (sq. ft.):
93,654
Status:
Active
Current Price:
$3,400,000
List Date:
5/29/2026
Last Modified:
7/29/2026
Overview
Description
...
(Read more)
Address: 1141 - 1183 E. Main Street
City/State: Ashland, OH 44805
County: Ashland
Tax Parcel Number(s): P44-067-0-0092-02 2.15 acres Tax $31,621
P44-067-0-0091-00 1.03 acres Tax $2,255
P44-067-0-0091-01 1.19 acres Tax $1,149
Taxes: 2025 $38,728.00
Calculated Acreage: 4.37 acres
Square footage: 28,420 SF Strip Center & 1,152 SF residence with
2-car detached garage
Land Use: Shopping Center/Residential
Utilities: Ohio Edison Electric, Columbia Gas, Ashland
City Water & Sewer
Asking Price: $3,400,000
Occupancy/Income: 100% occupied, Income of $27,190/monthly
$326,280 annually
East Main Commerce Center/Shopping Center located at 1141 - 1183 E.
Main Street in Ashland, OH 44805. 100% occupied 28,240 square foot center
and a 1,152 single-family residence with a 2-car detached garage. FIRST TIME
ON THE MARKET!! Built in 2001 by the current owner. Gross scheduled 2026
Income of $27,190/month, $326,280/annually. An upgraded single-family home
w/2-car garage can add an additional $15,000 - $20,000 annually. Recent
Improvements include a $140,000 TPO rubber membrane roof, & 5 skylights,
$100,000 In tenant improvements. Excellent construction, finishes, and
well-maintained. 10 tenants currently in the Center. Separate utilities,
ownership pays for water and trash. Self-managed with great upside. Must see
to be appreciated. Please do not disturb ongoing business or tenants.
Unique find in a great market area. Ideal for an IRS Section 1031 Like-Kind
Exchange property. Proforma financials off current income plus renting of single-family home currently family occuppied.
Listing Details MLS# 226019252
Location Property Info
- Original List Price
- 3400000
- Property Sub Type
- Mixed Use
- Street #
- 1141
- Street PreDirection
- E
- Street Name
- Main
- Street Suffix
- Street
- County
- Ashland
- State
- OH
- Zip Code
- 44805
- Subdiv/Cmplx/Comm
- East Main Commerce Center in Ashland, OH **Please do not disturb the tenants and ongoing businesss*
- Township
- None
OfficeContract Info
- MLS Entry Date
- 2026-05-29
General Property Info
- Previous Use
- Commerce/Retail
- Total SqFt Available
- 28420
- Max Cont Sqft Avail
- 28420
- Occupancy Rate
- 100
- # of Floors Above Gr
- Yes
- Total Parking
- 100
- Year Built
- 2000
- Use Code
- 426 - COMMUNITY SHOPPING CTR
- Acreage
- 2.15
Tax Info
- Parcel #
- P44-067-0-0092-02
- Zoning
- B - 3
- Addl Parcel Numbers
- 3 Parcels P44-067-0-0092-02 2.15 acres P44-067-0-0091-00 1.03 acres P44-067-0-0091-01 1.19 acres Total 4.37 acres - 28,420SF Commerce Center & 1,152 SF single family house with detached 2 car-garage
- Assessment
- None Known
- Tax Year
- 2025
- Tax Abatement
- No
- Taxes (Yrly)
- 31621
- Tax Incentive
- No
Property Condition
- Year Built Effective
- 2000
Expenses Paid by L
- Curr Yr Est $/SF LL
- 4.8
More Information
T Reimburses L
- Curr Yr Est $/SF TRL
- 2.5
Financials
- Financials ForYearOf
- 2026
- Gross Rental Income
- 326280
- Effective Income
- 326280
- Other Income
- 18000
Auction Info
- Auction/Online Bidding Y/N
- No
Property Features
Addl Acceptance Cond:
None Known
Expenses Paid by L:
Building Insurance; Repairs; RE Taxes
T Reimburses L:
Cam; Janitorial; Utilities
Heat Fuel:
Gas
Heat Type:
Forced Air
Water Source:
Public
Sewer:
Public Sewer
Services Available:
Electricity Available; Natural Gas Available; Sewer Available; Storm Sewer; Water Available
Construction:
Block
Business Type:
Retail; Shopping Center
New Financing:
Conventional
MLS Primary PhotoSrc:
Realtor Provided
Documents
Listing Office:
Hanna Commercial, LLC
Listing Agent:
Gregory J Hrabcak
Last Updated: July - 29 - 2026
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