# 127 E Main Street, Ravenna, OH 44266

> **TL;DR:** commercial, $1,950,000, built 1870.
> A/C. Est. $10,429/mo. Listed 145 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $1,950,000 |
| Year Built | 1870 |
| Lot Size | 30,492 sqft (0.70 acres) |
| Property Type | Commercial (Other) |
| Status | Active |
| Days on Market | 145 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Principal & Interest (20% down, 30-year at 6.5%) | $9,860 |
| Estimated Insurance | $569 |
| **Total** | **$10,429** |

## Key Amenities

- A/C

## Property Highlights

- Built in 1870
- 0.70 acre lot

## Description

### Agent Description
Prime investment opportunity in the heart of Ravenna! This mixed-use commercial building features 11 commercial units/offices along with 17 residential apartment units, offering strong income potential and diverse revenue streams. Ideally located with great visibility and accessibility, this property is perfect for investors looking to expand their portfolio or generate consistent cash flow. At a Glance High profile revitalization or redevelopment opportunity of The Variety Theater, featuring a 20,675 square foot auditorium, multiple retail suites fronting Lorain Avenue and second floor apartments, totaling ~33,323 SF. Located in the lively Jefferson neighborhood of Cleveland, near the corner of Lorain Avenue and West 117th Street (nearly 30,000 VPD). Listed on the National Register of Historic Places. Convenient access to I-90 (nearly 130,000 VPD). $1.4 Million available in state-funded grants. Retail Units Five Retail Storefronts: +/- 6,455 SF of versatile space. Prime Visibility: Excellent frontage on Lorain Avenue with nearly 30,000 vehicles per day (VPD). Flexible Layouts: Storefronts can be combined to create larger continuous spaces. Ideal Opportunities: Perfect for a coffee shop, restaurant, record store, or other boutique retail.

## Location

- **Address:** 127 E Main Street, Ravenna, OH 44266
- **County:** Portage
- **Coordinates:** 41.157778, -81.242011
- **Google Maps:** https://www.google.com/maps?q=41.157778,-81.242011

## Virtual Tour & Media

- **Video Tour:** https://www.propertypanorama.com/127-E-Main-Street-Ravenna-OH-44266/unbranded

## Listing Agent

- **Name:** Nicholas R Papas · **License:** 2019004219
- **Brokerage:** Chervenic Realty Inc
- **Phone:** 2163167703
- **Broker Phone:** (330) 686-1644
- **Listing URL:** [View original listing](https://listings.listhub.net/pages/NEOHREXOH/5204175/?channel=propsimple)

## Photos

![127 E Main Street - Photo 1](http://lh.rdcpix.com/9cd8560555dfdd184c3807037bbb46dfl-f2663450143r.jpg)

![127 E Main Street - Photo 2](http://lh.rdcpix.com/9cd8560555dfdd184c3807037bbb46dfl-f159508636r.jpg)

![127 E Main Street - Photo 3](http://lh.rdcpix.com/9cd8560555dfdd184c3807037bbb46dfl-f2129736811r.jpg)

![127 E Main Street - Photo 4](http://lh.rdcpix.com/9cd8560555dfdd184c3807037bbb46dfl-f434799932r.jpg)

![127 E Main Street - Photo 5](http://lh.rdcpix.com/9cd8560555dfdd184c3807037bbb46dfl-f3394976005r.jpg)

![127 E Main Street - Photo 6](http://lh.rdcpix.com/9cd8560555dfdd184c3807037bbb46dfl-f1164511461r.jpg)

![127 E Main Street - Photo 7](http://lh.rdcpix.com/9cd8560555dfdd184c3807037bbb46dfl-f1688328740r.jpg)

![127 E Main Street - Photo 8](http://lh.rdcpix.com/9cd8560555dfdd184c3807037bbb46dfl-f2929726082r.jpg)

![127 E Main Street - Photo 9](http://lh.rdcpix.com/9cd8560555dfdd184c3807037bbb46dfl-f3789596292r.jpg)

![127 E Main Street - Photo 10](http://lh.rdcpix.com/9cd8560555dfdd184c3807037bbb46dfl-f1862575101r.jpg)

![127 E Main Street - Photo 11](http://lh.rdcpix.com/9cd8560555dfdd184c3807037bbb46dfl-f2627924728r.jpg)

![127 E Main Street - Photo 12](http://lh.rdcpix.com/9cd8560555dfdd184c3807037bbb46dfl-f3758820227r.jpg)

![127 E Main Street - Photo 13](http://lh.rdcpix.com/9cd8560555dfdd184c3807037bbb46dfl-f3999130908r.jpg)

![127 E Main Street - Photo 14](http://lh.rdcpix.com/9cd8560555dfdd184c3807037bbb46dfl-f1481282972r.jpg)

![127 E Main Street - Photo 15](http://lh.rdcpix.com/9cd8560555dfdd184c3807037bbb46dfl-f510948872r.jpg)

![127 E Main Street - Photo 16](http://lh.rdcpix.com/9cd8560555dfdd184c3807037bbb46dfl-f3538915635r.jpg)

![127 E Main Street - Photo 17](http://lh.rdcpix.com/9cd8560555dfdd184c3807037bbb46dfl-f3901525322r.jpg)

![127 E Main Street - Photo 18](http://lh.rdcpix.com/9cd8560555dfdd184c3807037bbb46dfl-f1824632007r.jpg)

![127 E Main Street - Photo 19](http://lh.rdcpix.com/9cd8560555dfdd184c3807037bbb46dfl-f1702060777r.jpg)

![127 E Main Street - Photo 20](http://lh.rdcpix.com/9cd8560555dfdd184c3807037bbb46dfl-f2282025711r.jpg)

![127 E Main Street - Photo 21](http://lh.rdcpix.com/9cd8560555dfdd184c3807037bbb46dfl-f2167797982r.jpg)

![127 E Main Street - Photo 22](http://lh.rdcpix.com/9cd8560555dfdd184c3807037bbb46dfl-f3561891793r.jpg)

![127 E Main Street - Photo 23](http://lh.rdcpix.com/9cd8560555dfdd184c3807037bbb46dfl-f3955527865r.jpg)

![127 E Main Street - Photo 24](http://lh.rdcpix.com/9cd8560555dfdd184c3807037bbb46dfl-f1101301623r.jpg)

![127 E Main Street - Photo 25](http://lh.rdcpix.com/9cd8560555dfdd184c3807037bbb46dfl-f2805498353r.jpg)

![127 E Main Street - Photo 26](http://lh.rdcpix.com/9cd8560555dfdd184c3807037bbb46dfl-f3662254177r.jpg)

![127 E Main Street - Photo 27](http://lh.rdcpix.com/9cd8560555dfdd184c3807037bbb46dfl-f1752438435r.jpg)

![127 E Main Street - Photo 28](http://lh.rdcpix.com/9cd8560555dfdd184c3807037bbb46dfl-f3820569525r.jpg)

![127 E Main Street - Photo 29](http://lh.rdcpix.com/9cd8560555dfdd184c3807037bbb46dfl-f2288690531r.jpg)

![127 E Main Street - Photo 30](http://lh.rdcpix.com/9cd8560555dfdd184c3807037bbb46dfl-f140720420r.jpg)

![127 E Main Street - Photo 31](http://lh.rdcpix.com/9cd8560555dfdd184c3807037bbb46dfl-f3653067204r.jpg)

![127 E Main Street - Photo 32](http://lh.rdcpix.com/9cd8560555dfdd184c3807037bbb46dfl-f2311933156r.jpg)

![127 E Main Street - Photo 33](http://lh.rdcpix.com/9cd8560555dfdd184c3807037bbb46dfl-f2805801666r.jpg)

![127 E Main Street - Photo 34](http://lh.rdcpix.com/9cd8560555dfdd184c3807037bbb46dfl-f3241511014r.jpg)

![127 E Main Street - Photo 35](http://lh.rdcpix.com/9cd8560555dfdd184c3807037bbb46dfl-f3274896433r.jpg)

![127 E Main Street - Photo 36](http://lh.rdcpix.com/9cd8560555dfdd184c3807037bbb46dfl-f714451031r.jpg)

![127 E Main Street - Photo 37](http://lh.rdcpix.com/9cd8560555dfdd184c3807037bbb46dfl-f1599858122r.jpg)

![127 E Main Street - Photo 38](http://lh.rdcpix.com/9cd8560555dfdd184c3807037bbb46dfl-f2825079717r.jpg)

![127 E Main Street - Photo 39](http://lh.rdcpix.com/9cd8560555dfdd184c3807037bbb46dfl-f776446771r.jpg)

![127 E Main Street - Photo 40](http://lh.rdcpix.com/9cd8560555dfdd184c3807037bbb46dfl-f2501111545r.jpg)

![127 E Main Street - Photo 41](http://lh.rdcpix.com/9cd8560555dfdd184c3807037bbb46dfl-f4186825044r.jpg)

![127 E Main Street - Photo 42](http://lh.rdcpix.com/9cd8560555dfdd184c3807037bbb46dfl-f306276187r.jpg)

![127 E Main Street - Photo 43](http://lh.rdcpix.com/9cd8560555dfdd184c3807037bbb46dfl-f2395526988r.jpg)

![127 E Main Street - Photo 44](http://lh.rdcpix.com/9cd8560555dfdd184c3807037bbb46dfl-f846808749r.jpg)

![127 E Main Street - Photo 45](http://lh.rdcpix.com/9cd8560555dfdd184c3807037bbb46dfl-f3124026502r.jpg)

![127 E Main Street - Photo 46](http://lh.rdcpix.com/9cd8560555dfdd184c3807037bbb46dfl-f466829972r.jpg)

---

**MLS#:** 5204175 | **Updated:** 2026-08-23
**Source:** listhub

*Copyright © 2026 MLS Now. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.ai/listing/127-e-main-street-ravenna-oh-44266-5204175)

---

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    "price": 1950000,
    "priceCurrency": "USD",
    "businessFunction": "http://purl.org/goodrelations/v1#Sell",
    "availability": "https://schema.org/InStock",
    "seller": {
      "@id": "https://www.propertysimple.ai/listing/127-e-main-street-ravenna-oh-44266-5204175#agent"
    }
  },
  "provider": {
    "@type": "Person",
    "@id": "https://www.propertysimple.ai/listing/127-e-main-street-ravenna-oh-44266-5204175#agent",
    "name": "Nicholas R Papas",
    "telephone": "2163167703",
    "worksFor": {
      "@type": "Organization",
      "@id": "https://www.propertysimple.ai/listing/127-e-main-street-ravenna-oh-44266-5204175#brokerage",
      "name": "Chervenic Realty Inc",
      "telephone": "(330) 686-1644"
    }
  }
}
```