103 Market St Warren, OH 44481
- Office buildings
- 17,486 SF
- 0.14 lot acres
Current Use by Public Records
- Genoa Healthcare / Pharmacy
- Genoa Healthcare LLC / Pharmacy
- Maria Whalen / Social Worker
- Linda Willard / Registered General Nurse
- Emma Beacham / Social Worker
Property Details for 103 Market St
- Year built
- 1920
- Lot size
- 0.14 lot acres
- Property size
- 17,486 SF
- Property type
- Office buildings
- APN
- 39-436553
- APU
- 39436553
Description
This exceptional three-story, 17,486 square foot office building is ideally situated in the heart of downtown Warren, Ohio, directly on Courthouse Square. The property, known as The Atrium, presents a compelling investment opportunity with a multi-tenant configuration, offering both stability and potential for growth. The building features a striking first-floor glass storefront, providing excellent visibility and accessibility for tenants. Priced at $950,000, this represents a compelling price per square foot of $54.33. The building's prime location offers convenient access to local amenities and services, making it an attractive option for a variety of businesses. With its established presence and strong potential, this property is poised for continued success. The address is 103 W Market St, Warren, OH 44481, within Trumbull County. This traditional office building offers a unique blend of historical charm and modern functionality, making it a truly exceptional investment opportunity in a thriving downtown area. The building consists of one structure with three stories, providing ample space for multiple tenants. This is a rare opportunity to acquire a well-established, multi-tenant office building in a desirable downtown location.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $560,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $415,000
- 6.5%
- $485,000
- 7%
- $450,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $390,000
- Geo Method
- $450,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $440,000
- Retail
- $405,000
- Mixed-Use
- $405,000
- Hospitality
- $470,000
- Educational
- $370,000
- Residential Income
- $405,000
- Energy
- $405,000
- Income-Based Land
- $410,000
- Food Service
- $495,000
Location Insight
- Map
- Local Demand
- City
- Warren
- County
- Trumbull
- State
- Ohio
- Longitude
- -80.8181
- Latitude
- 41.2358
- CBSA code
- 49660
- CBSA name
- YOUNGSTOWN-WARREN-BOARDMAN, OH-PA METROPOLITAN STATISTICAL AREA