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    200 E 2Nd St Salem, OH 44460

    For Lease
    $11 SF/Yr ($958 /Mo)

    Recently renovated retail space with ample parking and co-tenants.

    Property size:
    1,000 SF
    Lot size:
    1.39 Acres

    Property Features for 200 E 2Nd St

    General Information

    Size
    1,000 SF
    Lot size
    1.39 Acres

    Source: Platz Realty Group Agent Theresa Morse

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Retail Space in Renovated Mall

    This retail space is located within a renovated shopping center. The property has undergone a complete renovation, including the roof and parking lot. The parking lot offers over 70 spaces. Current co-tenants include Subway, Cost Cutters, Mattress 10, and BMV. The property is located one block from E State St and Downtown Salem. The available space is suitable for retail use.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Polished Nails Nail Salon Subway Caterer Employ-Temps Staffing Services Employment Agency Cheap Tobacco Tobacco Shop

    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
    -80.8554564
    Latitude
    40.9023934

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    FAQs

    What type of property is this?
    Strip mall - Recently renovated retail space with ample parking and co-tenants.
    Where is this strip mall located?
    The property is located at 200 E 2Nd St Salem, OH.
    What is the lease rate?
    The lease rate is $11 SF/Yr.
    What are key features of this property?
    This property features: - Total renovation from roof to parking lot; - Large parking lot with 70+ spaces; - One block from E State St / Downtown Salem
    (330) 518-6082
    Request Owner's contact information
    200 E 2Nd St 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
    200 E 2Nd St Salem, OH 44460
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