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Columbiana Mixed-Use Investment Opportunity

514 E Park Ave Columbiana, OH 44408

514 E Park Ave, Columbiana, OH, 44408
$670,000
For Sale
$670,000

Commercial investment property with retail suites and apartments in Columbiana.

Property Size9,944 SF
Lot Size1.40 Acres
Price / SF$67.38
Days on Market359

Property Features for 514 E Park Ave

General Information

Standard status
Active
Size
9,944 SF
Lot size
1.40 Acres
Listing Agency Clark Carney Realty Group
Listed by Jean Cusick
Source Exprealty
Added: Jul 23, 2025 Checked: Jul 15 at 3:03 pm

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 Clark Carney Realty Group


Investment Insights

Based on property information with market context.

Located in Columbiana, near Firestone Park, this commercial investment property offers a 9,944 square foot building featuring three retail suites, each with separate entrances. Currently, three suites are occupied by stable tenants, including a dog groomer and a surveyor. The middle unit, presently used as a church, includes several private offices and presents various possibilities for alternative uses. The property also includes two apartments. The main level apartment features a living room, kitchen, bath, and two bedrooms. The remodeled upper-level apartment includes a living room, kitchen, three bedrooms, and a bath, accessible via an outside and inside entrance. Additionally, the property features a five-car garage and several workshop areas suitable for storage or workshops. Recent updates include a new furnace and central air, along with electrical and property improvements. Situated on 1.4 acres, the building has a metal roof approximately 12 years old. Ample parking is available for each business, with additional parking along the side of the building. Located on E. Park Ave. and Springfield Road, the property comprises three parcels, with one parcel offering the potential for constructing another building. Zoned C-4, this property is positioned in a thriving community, presenting an opportunity for businesses seeking to establish themselves in a vibrant area.

Key Highlights

  • Commercial investment property with diverse income streams from three retail suites and two apartments.
  • Located in a thriving Columbiana area near Firestone Park, with high business interest.
  • Three retail suites are currently occupied by stable tenants, ensuring immediate income.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

chamberlin surveying Land Surveyor

Suggested Use

Real Estate Agency Restaurant Building Supply Law Firm Dental Office Hair Salon Big Box & Wholesale Store Pharmacy HVAC Service Spa & Massage Center

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

FAQs

What type of property is this?
Mixed-use property - Commercial investment property with retail suites and apartments in Columbiana.
Where is this mixed-use property located?
The property is located at 514 E Park Ave Columbiana, OH.
What is the asking price?
The asking price for this property is $670,000.
What are key features of this property?
This property features: Commercial investment property with diverse income streams from three retail suites and two apartments.; Located in a thriving Columbiana area near Firestone Park, with high business interest.; Three retail suites are currently occupied by stable tenants, ensuring immediate income.
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