Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    565 S Meridian Road Youngstown, OH 44509

    View on Map
    For Sale
    $240,000

    COMMERCIAL - Youngstown, OH

    Lot size:
    0.28 Acres
    Added:
    Jan 26, 2026
    Days on Market:
    65
    Last Refresh:
    Apr 1 at 5:06 am

    Property Features for 565 S Meridian Road

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Rooms
    Basement
    Standard status
    Active
    APN
    53-164-0-003.00-0
    Lot size
    0.28 Acres

    Taxes and HOA fees

    TaxYear
    2024
    TaxAnnualAmount
    2331

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Natural Gas
    Cooling system
    Central Air
    Water source
    Public

    Building Details

    Year built
    1953
    Roof type
    Metal

    We can help!

    Listing Contact
    Kelly L Warren
    Kelly L Warren

    Listing agent Kelly L Warren License #2018003552

    Listing office Kelly Warren and Associates RE Solutions 755 Boardman Canfield H1, Boardman, OH

    Listing date Jan 26, 2026

    MLS# 5183814

    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.

    Overview

    Mixed-Use Property in Youngstown, OH

    This mixed-use property in Youngstown, OH, offers both commercial and residential living spaces. Currently operating as a fully equipped salon, the property allows for immediate business operation with the added benefit of on-site living. The layout is designed to allow living on one side and business operations on the other, facilitating work-life balance. Renovated in 2020, the property includes a newer roof, landscaping, furnace, central A/C, and electrical panel. A full attic space offers potential for conversion into an additional bedroom or living area. The rear addition provides flexibility for conversion into an apartment, recreation room, banquet hall, or expanded business space. The property features warm wood accents throughout. The property is situated on a 0.28-acre lot. Seller financing is available upon request.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Stephen Cavicchi Salon ... Hair Salon

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Youngstown
    County
    Mahoning
    State
    Ohio
    Longitude
    -80.710537
    Latitude
    41.09378

    Nearby Similar for Sale

    • $375,000
      2,716 SF

      Updated Duplex in Youngstown, OH

      Stunning, updated duplex with modern amenities and strong rental income.
      321 Meadowbrook Avenue, Youngstown, OH 44512
      View Details
    • $275,000
      3,918 SF

      Income-Producing 4-Plex Near YSU

      Fully rented 4-plex near Youngstown State University.
      587 Tod Lane, Youngstown, OH 44504
      View Details
    • $899,900

      Permaculture Farm with Agritourism Potential

      23-acre permaculture farm with tiny houses, campsites, and educational center.
      100 Cottage Grove Drive, Youngstown, OH 44505
      View Details
    • $599,500

      Downtown Youngstown Retail Opportunity

      Retail or restaurant space near Youngstown Foundation Amphitheater and Covelli Center.
      200-208 W Front Street, Youngstown, OH 44503
      View Details
    • $669,900

      Well-Maintained Youngstown Quadplex For Sale

      Ranch-style quadplex with spacious layouts and modern functionality.
      4593 Michigan Boulevard, Youngstown, OH 44505
      View Details
    • $175,000

      Versatile Commercial Property For Sale

      Commercial property with steady income, excellent visibility, and growth potential.
      28 Jacobs Road, Youngstown, OH 44505
      View Details
    • $179,900

      Youngstown Commercial Property For Sale

      Commercial property near downtown with garages and vehicle lift.
      1003 South Avenue, Youngstown, OH 44502
      View Details
    • $139,900

      Youngstown Duplex: Investment Opportunity

      Ranch duplex in Youngstown with steady rental income.
      3025 Northgate Avenue, Youngstown, OH 44505
      View Details
    • $209,999

      Fully Occupied Triplex Investment Opportunity

      Triplex in Youngstown, OH with reliable tenants and income.
      21 Zents Avenue, Youngstown, OH 44505
      View Details
    • $259,900
      1,848 SF

      Well-Built Duplex in Austintown

      2001 duplex with open floor plan, ideal for investors.
      3921/3923 Huntmere Avenue, Youngstown, OH 44515
      View Details
    • $675,000
      9,204 SF

      Former Convent/Dormitory Multi-Family Property

      Versatile 29-bedroom property suitable for multiple purposes.
      795-796 5th Street, Youngstown, OH 44471
      View Details
    • $369,900

      Well-Maintained Ranch-Style Duplex

      Investment opportunity: ranch duplex with 3 beds, 2 baths.
      4591 Churchill Road, Youngstown, OH 44505
      View Details

    FAQs

    What type of property is this?
    Mixed-use property - Commercial and residential property with salon, renovated in 2020.
    Where is this mixed-use property located?
    The property is located at 565 S Meridian Road Youngstown, OH.
    What is the asking price?
    The asking price for this property is $240,000.
    What are key features of this property?
    This property features: Mixed‑use property: Combines commercial (salon) and residential living.; Fully equipped salon: Ready for immediate business operation.; Recent renovations (2020): Featuring a newer roof, landscaping, furnace, central A/C, and electrical panel.
    (330) 717-2689
    We can help!
    Listing Contact
    Kelly L Warren
    Kelly L Warren
    Real Estate License ID: 2018003552
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!