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    12 Main St East Palestine, OH 44413

    For Sale
    $225,000

    Historic Charm, High Traffic Location, Renovation Opportunity

    Property size:
    5,902 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    367
    This exceptional mixed-use building, located at 12 E Main Street in East Palestine, Ohio, presents a unique investment opportunity. Situated on the bustling northeast corner of Main and Market Streets, this property enjoys a prime location at one of the town's busiest intersections, the last traffic light heading south on State Route 170/Market Street. The approximately 5,902 square foot building boasts captivating architectural details including a stunning wood staircase, high ceilings, beautiful chandeliers, and oversized solid wood pocket doors. While some interior renovations are needed, the building's inherent charm is undeniable. Recent updates include a new roof (2023), new gutters, and restored windows. This property offers significant potential for a savvy investor to complete the interior renovations and restore this phenomenal building to its former glory. East Palestine's strategic location on the Ohio/Pennsylvania state line provides easy access to major metropolitan areas: approximately 25 minutes from Youngstown, Ohio

    Property Features for 12 Main St

    General Information

    Property type
    Mixed-use properties
    Square Feet
    5,902 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Shops On Main Gift Shop Village Escapes Escape Room Center

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    East Palestine
    County
    Columbiana
    State
    Ohio
    Longitude
    -80.5396346
    Latitude
    40.8328081

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      Updated Multi-Unit Colonial Home

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    Nearby Similar for Sale

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      East Palestine Duplex Investment

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      East Palestine Pizza Hut ForSale

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    FAQs

    What type of property is this?
    Mixed-use property - Historic Charm, High Traffic Location, Renovation Opportunity
    Where is this mixed-use property located?
    The property is located at 12 Main St East Palestine, OH.
    What is the asking price?
    The asking price for this property is $225,000.
    Request Owner's contact information
    12 Main St East Palestine, OH 44413
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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
    12 Main St East Palestine, OH 44413
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