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    978 Mathews Rd Youngstown, OH 44512

    For Sale
    $600,000

    Prime Retail Investment Opportunity in Youngstown.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    316
    This exceptional investment opportunity presents a two-building retail strip plaza ideally situated at 978 Mathews Road in Youngstown, Ohio. The property boasts a highly desirable location with a significant amount of traffic, ensuring strong visibility and potential for high occupancy rates. The plaza comprises five individual retail units, spread across two buildings. The front building encompasses 4,200 square feet and houses four separate units, while the rear building offers an additional 2,680 square feet with a single unit. The property sits on a half-acre lot (0.5 acres). The rear building has recently undergone roof replacement, minimizing future maintenance costs and ensuring long-term structural integrity. The current annual scheduled income generated by the property is $74,400, demonstrating a strong and consistent revenue stream. This presents a compelling investment opportunity for those seeking a well-maintained, high-traffic retail property with proven income potential in a thriving Youngstown location. The property's size and layout offer flexibility for a variety of retail businesses, making it an attractive option for both individual investors and larger portfolio holders. The combination of a strong location, recent improvements, and consistent income makes this a truly exceptional investment opportunity. Serious inquiries are encouraged. The asking price for this property is $600,000.

    Property Features for 978 Mathews Rd

    General Information

    Property type
    Retail properties
    Lot Size
    21,780 SF

    Building Details

    Year Built
    1972
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Washing Well Laundry Laundromat

    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
    Youngstown
    County
    Mahoning
    State
    Ohio
    Longitude
    -80.6356
    Latitude
    41.03927

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    FAQs

    What type of property is this?
    Retail property - Prime Retail Investment Opportunity in Youngstown.
    Where is this retail property located?
    The property is located at 978 Mathews Rd Youngstown, OH.
    What is the asking price?
    The asking price for this property is $600,000.
    (330) 782-3381
    Request Owner's contact information
    978 Mathews Rd Youngstown, OH 44512
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    Youngstown, OH 44512
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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
    978 Mathews Rd Youngstown, OH 44512
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