Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Versatile Commercial Property in Minerva Title is generated by Realmo AI

    91 Union Avenue SE, Minerva, OH 44657

    View on Map
    Claim this Listing
    For Sale
    $119,900

    COMMERCIAL - Minerva, OH

    Lot size:
    0.22 Acres
    Added:
    Dec 23, 2025
    Days on Market:
    157
    Last Refresh:
    May 29 at 7:06 pm

    Property Features for 91 Union Avenue SE

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Rooms
    Basement
    Standard status
    Active
    APN
    04101506
    Lot size
    0.22 Acres

    Taxes and HOA fees

    Tax Year
    2024
    Tax Annual Amount
    1080

    Utilities

    Sewer type
    Septic Tank
    Heating system
    Forced Air, Natural Gas
    Water source
    Well

    Building Details

    Year built
    1856
    Floors in Building
    2
    Roof type
    Asphalt, Fiberglass

    We can help!

    Listing Contact
    Lisa M Trummer
    Lisa M Trummer

    Listing agent Lisa M Trummer License #2006001890

    Listing office Tanner Real Estate Co. 1965 Glamorgan St., Alliance, OH

    Listing date Dec 23, 2025

    MLS# 5178289

    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.

    HighLights

    • High visibility location with strong traffic count on two main highways.
    • Potential for duplex or triplex conversion (partial configuration already in place).
    • Attached two‑car garage/workshop adaptable for various uses.
    • Updated mechanicals in duplex/triplex section provide a head start on renovation.
    • Immediate occupancy available.
    • Currently used as warehouse space, offering immediate utility or conversion potential.

    Overview

    This unique property in Minerva, Ohio, presents endless possibilities. Part of the building is configured for a duplex or triplex layout and requires a full renovation, with many mechanical systems already updated. An attached two-car garage or workshop adds versatility. Currently used as warehouse space, the property could be adapted for car detailing, retail, storage, rental garages, or other uses. The location offers high visibility and strong traffic count on two main highways, providing exceptional exposure for any business or investment. The lot size is 0.22 acres. Immediate occupancy is available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Auto Repair Shop

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

    Similar Places Nearby

    • Minerva Lockers and Storage — 16410 Bayard Rd, Minerva, OH 44657

    Location Insight

    • Map
    • Local Demand
    City
    Minerva
    County
    Stark
    State
    Ohio
    Longitude
    -81.09211582
    Latitude
    40.79836697

    Nearby Similar for Sale

    • $499,900

      Minerva, Ohio Commercial Building

      Turnkey business opportunity on high-visibility corridor with existing fixtures.
      726 E Lincoln Way, Minerva, OH 44657
      View Details
    • $119,900
      3,050 SF

      Versatile Minerva Property with Warehouse

      Unique property with duplex/triplex potential and warehouse space.
      91 Union Avenue SE, Minerva, OH 44657
      View Details
    • $2,400,000

      Minerva, OH Commercial Opportunity

      Beverage drive-thru, restaurant, and banquet facility for sale.
      317 E Lincolnway Way, Minerva, OH 44657
      View Details
    • $275,000
      9,032 SF

      Spacious Building on Nearly 3 Acres

      8000 sq ft building on almost 3 acres.
      16310 Lisbon St SE, Minerva, OH
      View Details
    • $940,900

      NNN Pizza Hut For Sale

      NNN Pizza Hut with 1.75% annual rent increases.
      311 E Lincoln Way, Minerva, OH
      View Details
    • $460,000

      Self-Storage Units on 2.82 Acres

      Fenced self-storage facility with expansion potential near St. Rt. 183.
      16410 Bayard St, Minerva, OH 44657
      View Details
    • $139,900
      4,160 SF

      Downtown Minerva Mixed-Use Investment

      Versatile mixed-use building with commercial and residential spaces.
      212 N Market Street, Minerva, OH 44657
      View Details

    FAQs

    What type of property is this?
    Warehouse - Unique commercial property with duplex/triplex potential and high visibility.
    Where is this warehouse located?
    The property is located at 91 Union Avenue SE Minerva, OH.
    What is the asking price?
    The asking price for this property is $119,900.
    What are key features of this property?
    This property features: High visibility location with strong traffic count on two main highways.; Potential for duplex or triplex conversion (partial configuration already in place).; Attached two‑car garage/workshop adaptable for various uses.
    (330) 257-0870
    We can help!
    Listing Contact
    Lisa M Trummer
    Lisa M Trummer
    Real Estate License ID: 2006001890
    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

    Thank You for Inquiry
    91 Union Avenue SE, Minerva, OH 44657
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!