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    1974 Warren Ave Niles, OH 44446

    Sponsored
    For Sale
    $325,000

    Prime Niles location, income-producing investment.

    Property size:
    3,696 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional mixed-use property in Niles, Ohio, presents a unique investment opportunity. Located at 1974 Warren Avenue, this 3,696 square foot building sits on over two acres of land and offers a blend of commercial and residential income streams. The main structure features a commercial office/showroom space, ideal for a variety of businesses. Adding to the property's income potential are two currently rented residential houses, providing a steady stream of passive income. Furthermore, the property boasts ample storage space with two 8' x 10' drive-in doors and one 10' x 11' drive-in door located within two separate garage/storage outbuildings. The property's substantial size and versatile layout offer significant potential for expansion or adaptation to suit a wide range of business needs. This is a rare opportunity to acquire a well-established, income-generating property in a desirable location. The asking price for this turnkey investment is $325,000. The property is situated in Trumbull County, Ohio, with a zip code of 44446. This is an excellent opportunity for investors seeking a diversified portfolio with both commercial and residential income streams. The property's location and features make it an attractive investment for both short-term and long-term growth.

    Property Features for 1974 Warren Ave

    General Information

    Property type
    Mixed-use properties
    Square Feet
    3,696 SF

    HighLights

    • Exceptional mixed‑use investment opportunity in Niles, OH.
    • 3,696 SF building on over 2 acres at 1974 Warren Ave.
    • Features commercial office/showroom space plus two income‑producing residential units.
    • Ample storage with three drive‑in doors in separate outbuildings.
    • $325,000 asking price; Trumbull County, OH, 44446 zip code.
    Property Profile Location Intelligence

    Current Use by Public Records

    Wheeler's Fireplace & Grill Home Improvement Store

    Suggested Use

    Restaurant Building Supply Wholesale Shop Auto Repair Shop Hotel & Motel Auto Parts Store Food Market Storage Facility HVAC Service Grocery Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Niles
    County
    Trumbull
    State
    Ohio
    Longitude
    -80.7861555
    Latitude
    41.1898184

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    FAQs

    What type of property is this?
    Mixed-use property - Prime Niles location, income-producing investment.
    Where is this mixed-use property located?
    The property is located at 1974 Warren Ave Niles, OH.
    What is the asking price?
    The asking price for this property is $325,000.
    What are key features of this property?
    This property features: Exceptional mixed-use investment opportunity in Niles, OH.; 3,696 SF building on over 2 acres at 1974 Warren Ave.; Features commercial office/showroom space plus two income-producing residential units.
    (330) 757-4889
    Request Owner's contact information
    1974 Warren Ave Niles, OH 44446
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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
    1974 Warren Ave Niles, OH 44446
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