2553-2587 Parkman Rd NW, Warren, OH

Properties For Sale

at 2553-2587 Parkman Rd NW Contact us

Listing agent Kyle Hartung License #SAL.2023006147

Listing office Goodman Real Estate Show Phone

Listing date Nov 7, 2023

Source Moodyscre

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 Goodman Real Estate

Report an issue

---

Overview

Offered for sale is the fee simple interest in Trumbull Plaza, a 180,488 square foot shopping center in Warren, Ohio. The property, currently 24% occupied, presents a value-add opportunity. Anchored by Sparkle Market, a regional grocer with 18 stores since 1989, the shopping center also features Dollar Tree, Little Caesar’s Pizza, and Metro PCS. Vacancies include a 94,114 square foot former Kmart, an outlot opportunity, and various inline spaces. Projections to 82% occupancy show over $3.4 million of potential value creation. The property is situated amongst a dense population base with nearby access to the Warren Outer Belt (Route 82). Nearby national tenants include Aldi, CVS, McDonald’s, PNC Bank, Autozone, O’Reilly, Dollar General, and Rite Aid.

Suggested Use

Restaurant Law Firm Building Supply Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon Hotel & Motel Gym & Fitness Center

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

Similar Places Nearby

• Trumbull Plaza — Parkman Rd NW, Warren, OH 44485

Location Insight

• Map
• Local Demand

City

Warren

County

Trumbull

State

Ohio

Longitude

-80.8574

Latitude

41.2513

Nearby Similar for Sale

• 

  $385,000

  1,500 SF

  Remodeled Brick Office Building

  All-brick office building with private offices, conference space, kitchen, and updated HVAC, ready for professional use.

  953 Niles Cortland Road SE, Warren, OH 44484

  View Details
• 

  $279,000

  4,656 SF

  Mixed-Use Retail and Residence

  Dual-zoned storefront with fenced parking and a multi-level residence, separated for commercial and residential operations.

  1214 E Market Street, Warren, OH 44483

  View Details
• 

  $219,900

  2,060 SF

  Warren Duplex with Expansion Potential

  All-brick duplex in Warren with flexible layout and garage.

  676 Central Parkway Avenue SE, Warren, OH 44484

  View Details
• 

  $279,000

  Retail Property in Warren, OH

  Retail property for sale in Warren, Ohio.

  1214 E Market Street, Warren, OH 44483

  View Details
• 

  $249,900

  2,448 SF

  Turnkey Duplex with Two 2-Bed Units

  Well-maintained duplex offering two 2-bedroom units, full basement storage, garage, and recent major mechanical and exterior updates.

  7744 Brookwood Drive NE, Warren, OH 44484

  View Details
• 

  $104,900

  Two-Story Medical Office Building

  Office building with exam rooms, conference space, and a full unfinished basement plus parking for about 12 vehicles.

  1542 Woodland Street NE, Warren, OH 44483

  View Details
• 

  $299,000

  3,600 SF

  Commercial Building on Youngstown Road

  Commercial building in Warren/Howland, Ohio, with private parking.

  4021 Youngstown Road, Warren, OH 44484

  View Details
• 

  $105,000

  2,880 SF

  Retail Building and Land ForSale

  Retail building and land for sale, leased to dry cleaner.

  1024 E Market Street, Warren, OH 44483

  View Details
• 

  $150,000

  800 SF

  Versatile Space in Howland District

  Office, medical, and retail spaces available for rent.

  8720 E Market St, Warren, OH

  View Details
• 

  $480,000

  4,019 SF

  East Market Street Office Building

  Office building with renovated suite and dental infrastructure.

  8501 E Market St, Warren, OH

  View Details
• 

  $8,660,000

  2,000 SF

  Retail Space in Jamestown Village

  Retail space available in centrally located Trumbull County plaza.

  2700-2790 Mahoning Ave NW, Warren, OH

  View Details
• 

  $1,500,000

  5,960 SF

  Freestanding Medical Office Building

  Well-maintained medical office building with nine exam rooms for sale.

  661 Mahoning Ave Nw, Warren, OH

  View Details

FAQs

What type of property is this?

Shopping center - 180,488 SF shopping center with value-add potential.

Where is this shopping center located?

The property is located at 2553-2587 Parkman Rd NW Warren, OH.

What is the asking price?

The asking price for this property is $1,900,000.

What are key features of this property?

This property features: Significant Value‑Add Potential: Increase occupancy and potentially create over $3.4 million in value.; Grocery Anchored: Stable customer traffic provided by Sparkle Market since 1989.; Offered at only $21.60 per square foot, making it a below market price.