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    3960 South Ave Youngstown, OH 44512

    For Lease
    $10 SF/Yr ($3,333 /Mo)

    Former bank, 4,000 sq ft, 1.5 acres

    Lot size:
    4,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 4,000-square-foot retail space, located at 3960 South Ave in Youngstown, Ohio, presents a unique investment opportunity. Previously a bank, this single-tenant building offers a spacious, open floor plan ideal for a variety of retail uses. Built in 2004, the property boasts a substantial 1.5-acre lot, providing ample parking and potential for expansion. The building is a single story, offering easy accessibility and efficient layout. The property is zoned Commercial and features a total of 4,000 square feet of vacant space, ready for immediate occupancy. The address is 3960 South Ave, Youngstown, OH 44512, with the APN listed as 29-011-0-002.02 in Mahoning County. This location offers high visibility and convenient access to major roadways, making it an attractive destination for businesses seeking a prominent presence in the Youngstown market. The property's history as a bank suggests a strong foundation and secure construction. This is a rare opportunity to acquire a substantial retail property in a desirable location. The entire 4,000 square feet is currently vacant, allowing for complete customization to suit a tenant's specific needs.

    Property Features for 3960 South Ave

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    4,000 SF
    Total Rate
    3333.33

    Building Details

    Year Built
    2004
    Stories
    1

    Unit(s) available at that property

    Space
    Available Space
    Size
    4,000 SF
    Rate per SF
    $10

    HighLights

    • 4,000 SF building on a 1.5‑acre lot.
    • Former bank branch featuring four drive‑thru lanes.
    • Excellent location just south of Midlothian Blvd.
    • Built in 2004.
    • Abundant natural light.
    • Parcel ID: 29‑011‑0‑002.02
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Huntington Bank Bank

    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
    Youngstown
    County
    Mahoning
    State
    Ohio
    Longitude
    -80.64402065
    Latitude
    41.05938439

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    FAQs

    What type of property is this?
    Retail property - Former bank, 4,000 sq ft, 1.5 acres
    Where is this retail property located?
    The property is located at 3960 South Ave Youngstown, OH.
    What is the lease rate?
    The lease rate is $10 SF/Yr.
    What are key features of this property?
    This property features: 4,000 SF building on a 1.5-acre lot.; Former bank branch featuring four drive-thru lanes.; Excellent location just south of Midlothian Blvd.
    Request Owner's contact information
    3960 South Ave Youngstown, OH 44512
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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
    3960 South Ave Youngstown, OH 44512
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