322 Market StSteubenville, OH 43952

  • Other commercial real estate
  • 11,200 SF
For Sale
$599,900 View listing

Property Details for 322 Market St

Year built
1925
Lot size
0.28 AC
Property size (Sq ft)
11,200 SF
Property type
Other commercial real estate
APN
07-01918-000
APU
701918000

Description

This exceptional Steubenville, Ohio storefront at 322 Market St presents a lucrative investment opportunity. Spanning 48,600 square feet on a 0.28-acre lot (APN 07-01918-000), this five-level building (including basement and mezzanine) currently houses three units, offering significant income potential. The anchor tenant is a thriving antique warehouse occupying 35,000 square feet, generating $12,415 in monthly rent plus business revenue. A second tenant leases 11,200 square feet of 3rd-floor office space for $3,000 per month. Both tenants enjoy long-term leases. An additional 1,800 square feet (900 sq ft above and 900 sq ft below) in a separate building section is currently vacant, providing expansion or redevelopment possibilities. The property boasts a functional elevator system, including a freight elevator, and features forced air, gas, and hot water/steam heating, along with central air cooling. The roof was replaced in 2007, with vestibule and elevator area roof replacements completed in 2023. The asking price of $599,900 includes the building and the established antique warehouse business. A detailed list of included trade fixtures is available. This property offers a compelling blend of established income and future growth potential in a desirable location. The price per square foot is $12.34.

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $2,438,012
    Hospitality
    $2,233,206
    Educational
    $1,858,001
    Medical
    $1,921,901
    Retail
    $2,890,224
322 Market St, Steubenville, Ohio
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Location Insight

City
Steubenville
County
Jefferson
State
Ohio
Latitude
40.3595
Longitude
-80.6147
CBSA code
48260
CBSA name
WEIRTON-STEUBENVILLE, WV-OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$2,859
$16,870
$42,315
$59,185
-
$48,200
$120,900
$169,100

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