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    500 Market St Steubenville, OH 43952

    Sponsored
    For Sale
    Contact for pricing

    Prime OH location, multi-tenant retail/office.

    Property size:
    117,808 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 117,808 square foot Class B commercial property, located at 500 Market Street in Steubenville, Ohio, presents a unique owner/user investment opportunity. Built in 1977, this eight-story building boasts a prime downtown location, offering unparalleled convenience and accessibility. The property is a multi-tenant building with a mix of retail, executive office, and medical office spaces, making it ideal for a variety of businesses. Recent multi-million dollar investments have significantly upgraded the building, ensuring a modern and efficient workspace. The property features convenient private parking and includes all utilities in the lease rate. Absolute NNN lease terms are available. The rental rate is competitive, starting at $10 per square foot, inclusive of utilities. A significant benefit for tenants is access to shared amenities including a 2400 square foot community event room (80' x 30') and a 900 square foot community conference room with an additional 800 square feet of adjoining space. The building's central location in Steubenville, Jefferson County (zip code 43952), places it within walking distance of numerous amenities and just minutes from major highways. This is an exceptional opportunity to acquire a well-maintained, centrally located commercial property in a thriving Ohio community.

    Property Features for 500 Market St

    General Information

    Property type
    Lifestyle centers
    Square Feet
    117,808 SF
    Class
    B

    Building Details

    Year Built
    1977
    Buildings
    1
    Stories
    8
    Property Profile Location Intelligence

    Current Use by Public Records

    Jefferson County Health ... Public Health Department Steven A Stickles Law ... Attorney Southeastern Ohio Legal ... Attorney Jefferson County Veterans ... County Government Office Public Health Nurse Public Health Department

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Steubenville
    County
    Jefferson
    State
    Ohio
    Longitude
    -80.6168208
    Latitude
    40.3601906

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    FAQs

    What type of property is this?
    Lifestyle center - Prime OH location, multi-tenant retail/office.
    Where is this lifestyle center located?
    The property is located at 500 Market St Steubenville, OH.
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    500 Market St Steubenville, OH 43952
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    Steubenville, OH 43952
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    Realmo Value Estimation

    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.

    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.

    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
    500 Market St Steubenville, OH 43952
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