Columbiana Mixed-Use Investment
For Sale
$670,000
514 E Park Ave, Columbiana, OH 44408
Commercial investment property with retail suites and apartments in Columbiana.
Property Size9,944 SF
Lot Size1.40 Acres
Price / SF$67.38
Days on Market404
Property Features for 514 E Park Ave
General Information
Standard status
Active
Size
9,944 SF
Lot size
1.40 Acres
Taxes and HOA fees
Annual Taxes
$4,734
Listing Agency:
Clark Carney Realty Group
(330) 853-7627
Listed By:
Jean Cusick
(330) 853-7627
Source:
Exprealty
Added: Jul 23, 2025
Changed: Aug 21
Last Checked: Aug 29 at 2:26PM
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
Current Use
Location Intelligence
Trade Area within ½ mile
392
Businesses Nearby
Explore this area
Business Placement
Demographics for 44408, OH
10,526
Population
5,079
Households
2.1
Avg Household Size
48
Median Age
33%
College-Educated
95%
High-School Grad
35.6 sq mi
ZIP Area
296
Density / Sq Mi
$71,205
Median Household Income
$41,181
Median Earnings
$681
Median Rent
$197,400
Median Home Value
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Frequently Asked Questions
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.
