534 Mahoning Ave, Youngstown, OH 44502
Recently renovated event center with an adjacent pub and outdoor patio, positioned along the river with downtown views.
- Added:
- Jun 5, 2026
- Days on Market:
- 17
- Last Refresh:
- Jun 20 at 7:31 am
Property Features for 534 Mahoning Ave
General Information
- Standard status
- Active
- Size
- 14,656 SF
- Property subtype
- Special Purpose
Building Details
- Year Built
- 1900
Listing agent Don Thomas License #OH
Listing office Platz Realty Group
Listing date Jun 5, 2026
Source Crexi
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 Platz Realty Group
HighLights
- Recently renovated riverfront event center along the river
- Adjacent pub plus an outdoor patio
- Walking distance to YSU and YBI
- Year built: 1900
Overview
The venue is located along the river and offers views of Downtown and historic buildings. Public remarks also indicate it is within walking distance to YSU and YBI, which may be relevant to programming, staffing, and customer convenience.
For buyers or operators, the combination of an event center, a neighboring pub, and outdoor patio space offers a practical platform for hosting a range of occasions in one location. The recently renovated condition can reduce near-term capital planning for a hospitality-oriented operator looking to manage events and on-site food and beverage offerings in an integrated setting. The riverfront setting and downtown/historic views support the guest experience for events that depend on ambiance and venue character.
Local Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $219.8k | $15.00 |
| − Vacancy | −$13.1k | −$0.90 |
| EGI | $206.7k | $14.10 |
| − OpEx | −$51.7k | −$3.53 |
| NOI | $155.0k | $10.58 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Youngstown
- County
- Mahoning
- State
- Ohio
- Longitude
- -80.6578216
- Latitude
- 41.1024253
