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Retail Building with Showroom
For Sale
$319,900

4922 Mahoning Avenue NW, Champion, OH 44483

CommercialSale, Champion, OH

Property Size3,288 SF
Lot Size0.90 Acres
Price / SF$97.29
Days on Market392

Property Features for 4922 Mahoning Avenue NW

General Information

Property type Commercial Sale
Property subtype Other
Rooms Basement
Parking 40
Subdivision Champion Heights
Elementary school district Champion LSD - 7804
Middle school district Champion LSD - 7804
High school district Champion LSD - 7804
Directions Take Mahoning Ave. NW to the property.
Standard status Active
APN 46-141100
Lot size 0.90 Acres

Taxes and HOA fees

Tax Year 2024
Tax Description 3&4&5 175.88F CH HTS HMSTS MAH AV
Tax Annual Amount 3576
Legal Description 3&4&5 175.88F CH HTS HMSTS MAH AV

Utilities

Heating system Forced Air, Natural Gas

Amenities

Spacious Interior
Private Spaces
Car Lot Office
Basement Garage

Building Details

Year built 1940
Floors in Building 1
Listing Agency: Gonatas Real Estate LLC
Listed By: Dennis D Gonatas Sr. · License #2023000272
Added: Sep 10, 2025 Changed: Sep 15 Last Checked: Oct 6 at 2:06AM
MLS# 5155465

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.

Investment Insights

Based on property information with market context.

This retail property contains 3,288 square feet with an open showroom area, six separate rooms, a dedicated office, and a basement garage or storage area. The building is currently used for a music store and car lot, with a configuration that supports continued retail and vehicle-related operations. Forced-air heating and natural gas service are present, and the building dates to 1940.

The property occupies 0.9 acres at 4922 Mahoning Avenue NW in Champion, Ohio. Its location along Mahoning Ave NW records traffic of 18,804 vehicles daily, while the front parking area accommodates customer vehicles and additional inventory. The combination of display space, private rooms, office area, and below-building storage provides a practical setup for retail, showroom, office, or service-oriented occupancy.

Key Highlights

  • 3,288 sq. ft. retail building with open showroom area
  • Traffic count of 18,804 vehicles daily along Mahoning Ave NW
  • Six separate rooms plus a dedicated car lot office

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$13,511
Cap Rate
4.22%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$270,220 $270.2K
Cap Rate 7%
$193,014 $193.0K
Cap Rate 9%
$150,122 $150.1K
Market Conditions
NOI Build-Up for 3,288 SF
Gross rent
$21.1K $6.41/SF
− Vacancy
−$1.8K −$0.54/SF
EGI
$19.3K $5.87/SF
− OpEx
−$5.8K −$1.76/SF
NOI
$13.5K $4.11/SF
Area
Trumbull County, OH
Vacancy
8.42%
Lease Rate
$6.41 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$270,220
Cap Rate 7%
$193,014
Cap Rate 9%
$150,122

Alternative Uses

Best Use
Retail
$453.6K
$396.9K – $529.2K (±1% cap)
NOI $31,751 @ 7.0% cap · market cap 9.93%
Second Best
Industrial
$193.0K
$168.9K – $225.2K (±1% cap)
NOI $13,511 @ 7.0% cap · market cap 4.22%
Theoretical Best
Office A
$624.1K
$546.1K – $728.1K (±1% cap)
NOI $43,686 @ 7.0% cap · market cap 13.66%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency Big Box & Wholesale Store HVAC Service Spa & Massage Center Dental Office Skin Care Clinic

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

Lease Details

18,804 VPD
Traffic count
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

217
Businesses Nearby

Demographics for 44483, OH

24,840
Population
12,469
Households
2
Avg Household Size
43
Median Age
17%
College-Educated
89%
High-School Grad
18.3 sq mi
ZIP Area
1,357
Density / Sq Mi
$47,629
Median Household Income
$32,289
Median Earnings
$796
Median Rent
$100,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Flexible commercial layout includes an open display area, six private rooms, and a dedicated office.
Where is this retail space located?
The property is located at 4922 Mahoning Avenue NW Champion, OH.
What is the asking price?
The asking price for this property is $319,900.
What are key features of this property?
This property features: 3,288 sq. ft. retail building with open showroom area; Traffic count of 18,804 vehicles daily along Mahoning Ave NW; Six separate rooms plus a dedicated car lot office
More about this property
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