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    3143 Mahoning Ave Youngstown, OH 44509

    Sponsored
    For Sale
    $350,000

    Renovated Storefront, High Traffic Area, Great Visibility

    Property size:
    5,544 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 5,544 square foot commercial storefront property at 3143 Mahoning Ave, Youngstown, Ohio, presents a unique investment opportunity. Located in a high-traffic commercial corridor, this Class B building boasts a prime corner lot with dedicated parking, ensuring excellent visibility and accessibility for your business. The property, built in 1949 and fully renovated in 2022, features a spacious 3,772 square feet of net rentable space on the first floor, ideal for a variety of uses including retail, restaurant, medical, or office space. The open floor plan offers maximum flexibility for tenant customization. All mechanicals and bathrooms have been updated, providing a move-in ready space with modern amenities. Currently, the building has a 50% occupancy rate, generating passive income from upstairs apartment rentals housed within the two-story structure. The property sits on a 0.4-acre lot and includes two garages for the apartment tenants. The permitted zoning is MU-C, allowing for a range of commercial uses. This is a rare opportunity to acquire a fully renovated, income-generating property in a desirable location. The building's modern updates, combined with its excellent location and ample parking, make it an attractive proposition for both owner-occupiers and investors. Don't miss this chance to secure a thriving business location in a bustling Youngstown commercial area.

    Property Features for 3143 Mahoning Ave

    General Information

    Property type
    Individual retail properties
    Square Feet
    5,544 SF
    Class
    B
    Lot Size
    17,424 SF

    Building Details

    Year Built/Renovated
    1/2022
    Buildings
    1
    Stories
    2

    HighLights

    • 5,544 SF commercial storefront at 3143 Mahoning Ave, Youngstown, OH.
    • Prime corner lot with dedicated parking in a high‑traffic area.
    • Fully renovated in 2022, Class B building with 3,772 SF of net rentable first‑floor space.
    • Open floor plan, updated mechanicals and bathrooms, move‑in ready.
    • 50% occupancy, generating passive income from upstairs apartments; 0.4‑acre lot with two garages.
    • MU‑C zoning; ideal for retail, restaurant, medical, or office use.
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail space

    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
    Youngstown
    County
    Mahoning
    State
    Ohio
    Longitude
    -80.705982263831
    Latitude
    41.103159458962

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    FAQs

    What type of property is this?
    Individual retail property - Renovated Storefront, High Traffic Area, Great Visibility
    Where is this individual retail property located?
    The property is located at 3143 Mahoning Ave Youngstown, OH.
    What is the asking price?
    The asking price for this property is $350,000.
    What are key features of this property?
    This property features: 5,544 SF commercial storefront at 3143 Mahoning Ave, Youngstown, OH.; Prime corner lot with dedicated parking in a high-traffic area.; Fully renovated in 2022, Class B building with 3,772 SF of net rentable first-floor space.
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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
    3143 Mahoning Ave Youngstown, OH 44509
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