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For Sale

Prime 2nd Gen Restaurant on 2+ AC for Sale

1616 Claremont Ave,
Ashland, OH 44805

Asset Snapshot

1986
Year Built
1
Floor Count

Offering Summary

Investment Overview

Strategically positioned along a primary retail corridor in Ashland, this 2nd generation restaurant property offers a rare combination of existing infrastructure and future redevelopment potential. Situated on approximately 2.1 acres, the site includes a fully equipped kitchen with FF&E in place, making it ideal for immediate restaurant occupancy or a seamless conversion for a new concept. Located directly across from Discount Drug Mart and surrounded by a strong mix of national and local retailers, the property benefits from consistent daily traffic and strong visibility along Claremont Avenue. The site is zoned B-3 (Highway Service Business), allowing for a wide range of uses including retail, restaurant, medical, and service-oriented concepts. Positioned near Ashland University and within close proximity to established residential neighborhoods and downtown, the location draws steady traffic from students, residents, and local businesses alike. Claremont Avenue serves as a key thoroughfare through the city, providing excellent connectivity and reinforcing the site’s long-term viability within a stable, community-focused market.


Investment Highlights

  • 2nd Gen Restaurant with Kitchen Infrastructure, Equipment and FF&E Included!
  • 2.1 Acre Development Opportunity
  • Directly across the street from Discount Drug Mart
  • Perfect for QSR redevelopment
  • Zoned B-3 (Highway service business) allowing for a wide range of Retail, Restaurant, Medical & Service uses
  • Strong surrounding retail & restaurant retailerts

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Listing Syndicated From

Buildout
For Sale
$700,000
Asking Price