Retail Office
15 E Mckinley Way Youngstown, OH 44514
15 E Mckinley Way, Youngstown, OH, 44514
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For Sale
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Small retail or office building on a 0.24-acre parcel with access from adjacent properties, across from Peterson Park.
Property Size780 SF
Price / SF$224.36
Days on Market225
Property Features for 15 E Mckinley Way
General Information
- Standard status
- Active
- Size
- 780 SF
- Property subtype
- OFFICE
Listing agency
Platz Realty Group
(330) 565-5701
Listed by
Bill Kutlick
(330) 565-5701
Source
Moodyscre
Added: Dec 9, 2025 Updated: Jul 22 at 1:55PM Checked: Jul 22 at 1:55PM
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 Platz Realty Group
Investment Insights
Based on property information with market context.
This 780-square-foot retail/office building is situated on a 0.24-acre parcel. The property offers a flexible setup suitable for either retail or office use, with access provided from adjacent parcels.
Located in the center of Poland, the building is positioned directly across from Peterson Park. The area is described as being close to shopping, restaurants, residential properties, and many offices.
The property’s combination of retail/office configuration, dedicated parcel size, and convenient access from surrounding properties makes it well-suited for a small standalone user or an owner-operator seeking a straightforward footprint.
Located in the center of Poland, the building is positioned directly across from Peterson Park. The area is described as being close to shopping, restaurants, residential properties, and many offices.
The property’s combination of retail/office configuration, dedicated parcel size, and convenient access from surrounding properties makes it well-suited for a small standalone user or an owner-operator seeking a straightforward footprint.
Key Highlights
- 780 SF retail/office building in the center of Poland
- 0.24‑acre parcel with access from adjacent parcels
- Across from Peterson Park
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $12.4k | $15.96 |
| − Vacancy | −$2.5k | −$3.19 |
| EGI | $10.0k | $12.77 |
| − OpEx | −$2.5k | −$3.19 |
| NOI | $7.5k | $9.58 |
780 SF · lease $15.96/SF/yr · vacancy 20.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$106.7K
$93.4K – $124.5K
NOI $7,469 @ 7.0% cap · market cap 4.27%
Second Best
Retail
$35.1K
$30.7K – $41.0K
NOI $2,457 @ 7.0% cap · market cap 1.40%
Theoretical Best
Office A
$147.2K
$128.8K – $171.7K
NOI $10,303 @ 7.0% cap · market cap 5.89%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
The Rustic Birdcage
Home Decor Store
Similar For Sale Nearby
FAQs
What type of property is this?
Office building - Small retail or office building on a 0.24-acre parcel with access from adjacent properties, across from Peterson Park.
Where is this office building located?
The property is located at 15 E Mckinley Way Youngstown, OH.
What is the asking price?
The asking price for this property is $175,000.
What are key features of this property?
This property features: 780 SF retail/office building in the center of Poland; 0.24‑acre parcel with access from adjacent parcels; Across from Peterson Park
