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    15 Market St East Palestine, OH 44413

    Sponsored
    For Sale
    $210,000

    High-Visibility Retail & Land Opportunity

    Property size:
    12,960 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This iconic, two-story commercial building, located at 15-25 N Market Street in East Palestine, Ohio, presents a unique investment opportunity. Situated on the highly visible northwest corner of Market and Main Streets, this property boasts over 12,960 square feet of space. The ground floor offers approximately 6,480 square feet of adaptable office or retail space, featuring approximately 81 linear feet of prominent storefront windows on Market Street. Currently configured as four separate office/retail units, this level provides excellent visibility and accessibility. The second floor mirrors the ground floor's square footage, offering approximately 6,480 square feet of versatile space. This level includes multiple large open areas suitable for conferences or other events, several smaller rooms, a kitchen, and two bathrooms. The property includes one completed ground-level rental unit, one partially completed unit, and others requiring renovation, presenting significant income potential. Recent updates include some window replacements, and gutters and downspouts are in place. This prime location at the last traffic light on State Route 170 offers unparalleled exposure within East Palestine's business district. The asking price is $210,000. This property is zoned for commercial use and offers endless possibilities for a savvy investor. The property is located in East Palestine, Ohio, zip code 44413.

    Property Features for 15 Market St

    General Information

    Property type
    Land
    Square Feet
    12,960 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    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
    -80.5400686
    Latitude
    40.8328439

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    Nearby Similar for Sale

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    FAQs

    What type of property is this?
    Land - High-Visibility Retail & Land Opportunity
    Where is this land located?
    The property is located at 15 Market St East Palestine, OH.
    What is the asking price?
    The asking price for this property is $210,000.
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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
    15 Market St East Palestine, OH 44413
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