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    293 N Ellsworth Ave Salem, OH 44460

    For Lease
    $1,000 /Mo ($2 SF/Yr)

    COMMERCIAL - Salem, OH

    Lot size:
    0.10 Acres
    Days on Market:
    326
    Last Refresh:
    Dec 8 at 9:06 am

    Property Features for 293 N Ellsworth Ave

    General Information

    Property type
    Commercial Lease
    Property subtype
    Other
    Standard status
    Active
    APN
    5107480000
    Lot size
    0.10 Acres

    Utilities

    Heating system
    Natural Gas, Forced Air
    Water source
    Public

    Building Details

    Year built
    1966

    Tanner Real Estate (330) 823-8880 [email protected]

    Listing agent Lisa M Trummer (330) 257-0870 License #2006001890

    Listing date Jan 17, 2025

    Copyright © 2025 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

    Retail/Office Space in Salem, OH

    Located in Salem, Ohio, this well-constructed building offers a versatile space suitable for various uses. The property can be configured as one or two units. Potential uses include medical offices, spa and beauty salons, retail space, or a bar. The property features a large parking lot, with an additional parking lot available. The lot size is 0.0964 acres. The property is currently unoccupied and available for showings.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Salem
    County
    Columbiana
    State
    Ohio
    Longitude
    -80.85690669
    Latitude
    40.90303333

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    FAQs

    What type of property is this?
    Retail space - Versatile commercial space in Salem, suitable for retail or office.
    Where is this retail space located?
    The property is located at 293 N Ellsworth Ave Salem, OH.
    What is the lease rate?
    The lease rate is $2 SF/Yr.
    What are key features of this property?
    This property features: - Large parking lot plus an additional parking lot available.; - Versatile space suitable for various uses (medical, spa, retail, bar, etc.).; - Potential for one or two units.
    (330) 257-0870
    Request Owner's contact information
    293 N Ellsworth Ave Salem, OH 44460
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    Salem, OH 44460
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    Realmo Value Estimation

    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.

    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.

    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
    293 N Ellsworth Ave Salem, OH 44460
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