354 Main StConneaut, OH 44030

For Sale
$199,900

14,778 sq ft, Mixed-Use Gem, Auction!

Overview

Added:
Dec 11, 2024
Days on market:
91
This exceptional 14,778-square-foot mixed-use building, constructed in 1903 by the Conneaut Lumber Co., presents a unique investment opportunity. Located at 354 Main St, Conneaut, OH 44030, on a 0.36-acre lot (APN 121130014400), this Class A property boasts a rich history, rumored to have been an Elks Lodge and a hideout for Al Capone during Prohibition. The three-story building is zoned for commercial/mixed use and offers versatile space ideal for various purposes. The first floor features four bedrooms/offices, a large kitchen, two full bathrooms, and a grand ballroom with a large crystal chandelier. The second floor includes four additional bedrooms/offices and one full bathroom. A large attic provides potential for conversion into more living or office space. The basement houses a fascinating remnant of the past – Al Capone's alleged speakeasy – along with a fourth bathroom, a weight room, and a large sub-basement containing a second, commercial-grade kitchen. The property is being sold "as is, where is" via auction, with a minimum bid increment of $5,000. The auction ends November 30th, 2024, at 10:00 AM, but offers may be accepted prior to that date. This is a rare chance to own a piece of Conneaut's captivating history and a highly adaptable commercial property.

Highlights

  • Historic Downtown Free-Standing Bed & Breakfast with Development Potential.
  • Prime Commercial Lot Ideal for New Construction or Redevelopment.
  • Turnkey Restaurant/Retail Space in a Vibrant Downtown Location.
  • Profitable Mixed-Use Investment Property with Office and Retail Components.
  • Free-Standing Commercial Building Suitable for a Variety of Uses.
  • Established Downtown Hotel/Motel Business Opportunity.

Property Details for 354 Main St

Property type
Retirement homes, Multifamily properties
Square Feet
14,778 SF
Class
A
Year Built
1903
Buildings
1
Stories
3
Lot Size (sq. ft)
15,682 SF

Location Insight

City
Conneaut
County
Ashtabula
State
Ohio
Latitude
41.9421424
Longitude
-80.5593157
354 Main St, Conneaut, Ohio

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354 Main St
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