Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Industrial Warehouse with Freight Elevator Title is generated by Realmo AI

    312 N 7th Street, Steubenville, OH 43952

    View on Map
    Claim this Listing
    For Sale
    $299,000

    COMMERCIAL - Steubenville, OH

    Property size:
    46,000 SF
    Lot size:
    0.48 Acres
    Price / SF:
    $6/SF
    Added:
    Nov 11, 2025
    Days on Market:
    206
    Last Refresh:
    Jun 5 at 9:06 pm

    Property Features for 312 N 7th Street

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Rooms
    Basement
    Standard status
    Active
    APN
    07-03500-000
    Lot size
    0.48 Acres

    Taxes and HOA fees

    Tax Year
    2024
    Tax Description
    3/14/15PT 16 D J SINCLAIR & 1-2-30 LAND .5019A MAP-07-13B-54 COMBINED WITH 0703498000, 0703499000 04-01-2022
    Tax Annual Amount
    1756

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Natural Gas
    Water source
    Public

    Building Details

    Year built
    1919

    We can help!

    Listing Contact
    James W Petrella

    Listing agent James W Petrella License #2006004585

    Listing office DeLuca Realty 560 Canton Rd, Wintersville, OH

    Listing date Nov 11, 2025

    MLS# 5170824

    Copyright © 2026 MLS Now. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • 46,000 sq ft commercial property with full basement, ideal for distribution, light manufacturing, or high‑volume storage.
    • Easy access to State Routes 7 and 22, and the bridge to West Virginia.
    • Large freight elevator connecting the first, second, and third floors.
    • Three large garage doors, including one for full‑size semi‑trucks.
    • Designated office and lobby area for customer reception and administrative work.
    • Durable hardwood floors suitable for heavy loads and high‑traffic flow.

    Overview

    This property offers a substantial industrial layout designed to support multi-level operations, with warehouse space spanning three levels plus a full basement for added storage. The building includes durable hardwood flooring intended to handle heavy loads and frequent movement. A large freight elevator connects the first, second, and third floors, facilitating internal transfer of inventory and equipment between levels. Loading is supported by three large garage doors, including one sized to accommodate full-size semi-trucks. For administrative needs, there is a separate, designated office and lobby area for customer reception, meetings, and day-to-day work, along with three restroom facilities.

    Located in downtown Steubenville, the facility provides access to State Routes 7 and 22 and the bridge connecting to West Virginia, supporting regional connectivity for deliveries and service operations.

    For buyers or operators looking for a facility that can combine production or distribution with dedicated office space, this property’s multi-level warehouse configuration, freight elevator, and semi-truck-compatible loading can support high-volume storage and light manufacturing workflows. The separate office and lobby areas also support staff and customer-facing functions without blending into the primary warehouse floor.
    Property Profile Location Intelligence

    Current Use by Public Records

    New Choice cabinet ... Warehouse & Storage

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Steubenville
    County
    Jefferson
    State
    Ohio
    Longitude
    -80.617264
    Latitude
    40.36527

    Nearby Similar for Sale

    • $599,000

      Downtown Office Building with Private Parking

      Value-add office building with two floors of space and private parking near Steubenville’s revitalized landmark.
      630 Market Street, Steubenville, OH 43952
      View Details
    • $119,000
      1,665 SF

      Fully Remodeled Duplex

      Two vacant 2-bedroom, 1-bath units with updated finishes and 2023 mechanical replacements for straightforward occupancy or leasing.
      1516 Pennsylvania Avenue, Steubenville, OH 43952
      View Details
    • $239,900

      Mixed-Use Building in Prime Location

      Mixed-use building with apartments and storefronts, value-add potential.
      205 S 4th Street, Steubenville, OH 43952
      View Details
    • $30,000
      2,577 SF

      Steubenville Duplex Investment Opportunity

      Duplex in downtown Steubenville, great investment or owner-occupancy.
      321-323 Slack Street, Steubenville, OH 43952
      View Details
    • $280,000
      7,000 SF

      Established Pub with Entertainment Potential

      Turnkey pub with full kitchen, entertainment space, and parking.
      1179 State Route 213, Steubenville, OH 43952
      View Details
    • $239,900

      Mixed-Use Building with Income Potential

      Mixed-use building with apartments and storefronts, income potential.
      205 S 4th St, Steubenville, OH 43952
      View Details
    • $11,500,000
      61,623 SF

      Retail Property in Steubenville, OH

      Retail property available for sale in Steubenville, Ohio.
      864 Main St, Steubenville, OH
      View Details
    • $6,228,671
      9,428 SF

      Steubenville Medical Property for Sale

      NNN investment opportunity in a strategically located medical hub.
      2323 Sunset Blvd, Steubenville, OH
      View Details
    • $875,000

      Sunset Boulevard Development Opportunity

      Prime location on Sunset Blvd ready for redevelopment.
      4150 Sunset Boulevard, Steubenville, OH 43952
      View Details

    FAQs

    What type of property is this?
    Flex space - Three-level warehouse with full basement, freight elevator, and office/lobby space for distribution, light manufacturing, or storage.
    Where is this flex space located?
    The property is located at 312 N 7th Street Steubenville, OH.
    What is the asking price?
    The asking price for this property is $299,000.
    What are key features of this property?
    This property features: 46,000 sq ft commercial property with full basement, ideal for distribution, light manufacturing, or high‑volume storage.; Easy access to State Routes 7 and 22, and the bridge to West Virginia.; Large freight elevator connecting the first, second, and third floors.
    (740) 632-2952
    We can help!
    Listing Contact
    James W Petrella
    Real Estate License ID: 2006004585
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    312 N 7th Street, Steubenville, OH 43952
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!