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Downtown Building Redevelopment Opportunity
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106 E Market St, Warren, OH 44481

Former bank headquarters suitable for redevelopment into offices or apartments.

Property Size59,000 SF
Price / SF$20.34
Days on Market1853

Property Features for 106 E Market St

General Information

Standard status Active
Size 59,000 SF
Class C
Property subtype Office
Zoning commercial
Occupancy 50%
Lease Type Gross
Investment Type Redevelopment

Building Details

Tenancy Multi
Listing Agency: Burgan Friedkin Commercial Group
Listed By: Alan Friedkin · License #BRKP.2007005189
Source: Crexi
Added: Jul 14, 2021 Changed: Aug 8 Last Checked: Aug 7 at 9:01AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Burgan Friedkin Commercial Group

Investment Insights

Based on property information with market context.

This downtown building presents a redevelopment opportunity. Formerly a bank headquarters, the property offers possibilities for upgraded offices, a corporate headquarters, or conversion to apartments, condos, or commercial usage. The property's potential is enhanced by its proximity to the upcoming Kimberly-Clark advanced manufacturing facility, representing an $800 million investment and the creation of 491 new jobs in Trumbull County. This facility will serve as a key manufacturing and distribution hub for the Midwest and Northeast. The building has a size of 59000 square feet.

Key Highlights

  • Redevelopment opportunity in a downtown location.
  • Proximity to Kimberly‑Clark's $800 million advanced manufacturing facility.
  • Potential for upgraded offices, corporate headquarters, apartments, condos, or commercial usage.

Property Analytics

Current Use

One Click Technology ... (Bike/Boat/Book/etc) Store Tackett Dennis W Law Firm Bruce R Epstein ... Law Firm William Paul Mc ... Law Firm Phelps & King Law Firm

Suggested Use

Top Pick Real Estate Agency Furniture & Home Goods (Bike/Boat/Book/etc) Store Skin Care Clinic Home Appliance Store Gym & Fitness Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,089
Businesses Nearby

Demographics for 44481, OH

10,258
Population
4,743
Households
2.2
Avg Household Size
49
Median Age
14%
College-Educated
89%
High-School Grad
57.0 sq mi
ZIP Area
180
Density / Sq Mi
$63,285
Median Household Income
$39,597
Median Earnings
$738
Median Rent
$160,600
Median Home Value

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Frequently Asked Questions

What type of property is this?
Office building - Former bank headquarters suitable for redevelopment into offices or apartments.
Where is this office building located?
The property is located at 106 E Market St Warren, OH.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: Redevelopment opportunity in a downtown location.; Proximity to Kimberly‑Clark's $800 million advanced manufacturing facility.; Potential for upgraded offices, corporate headquarters, apartments, condos, or commercial usage.
More about this property
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