Prime 2nd Gen Restaurant on 2+ AC for Sale

1616 Claremont Ave, Ashland, OH 44805

Property Information

  • For Sale $700,000
  • Property Type Retail - Street Retail
  • Property Size 5,467 SF
  • Units 1
  • Lot Size 2.12 Acre
  • Year Built 1986
  • Date Updated Apr 17, 2026

Description

Positioned along one of Ashland’s primary corridors, this property on Claremont Avenue benefits from strong accessibility and proximity to key community drivers including Ashland University, local retail, and residential neighborhoods. The area is characterized by a mix of commercial and residential uses, offering steady local traffic and convenience to downtown Ashland. Claremont Avenue serves as a well-traveled route through the city, making it a strategic location with consistent visibility and connectivity in a stable, community-oriented market.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.

Highlights

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

Contacts

Ronnie Romanini III

Passov Real Estate Group

Location

Contact Listing Broker
Ronnie Romanini III

Passov Real Estate Group

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