850 Wick Ave Youngstown, OH 44505
- Auto shops
- 11,480 SF
- 0.43 lot acres
Current Use by Public Records
- Auto shops
Property Details for 850 Wick Ave
- Year built
- 1920
- Lot size
- 0.43 lot acres
- Property size
- 11,480 SF
- Property type
- Auto shops
- APN
- 53-006-0-151.01-0
- APU
- 530060151010
Description
This exceptional mixed-use property at 850 Wick Avenue, Youngstown, OH, presents a unique investment opportunity. The substantial 11,480 square foot building is currently configured as a fully operational auto body shop, complete with a paint booth and frame straightening machines. Its strategic location is at the heart of Youngstown's ongoing redevelopment, promising significant future growth potential. The property includes a large, fenced parking lot, providing ample space for customer vehicles and operational needs. The substantial size of the building allows for a variety of uses, making it suitable for expansion or adaptation to meet evolving market demands. The 0.43-acre lot offers considerable flexibility, and an additional lot is also available for purchase, providing further expansion possibilities. The asking price is $715,000, and owner financing is available, making this an attractive proposition for investors seeking a strong return on investment in a revitalizing urban area. The property's current configuration as a successful auto body shop provides immediate cash flow, while its location and size offer significant long-term upside. This is a rare chance to acquire a well-established business with substantial development potential in a rapidly improving neighborhood. Serious inquiries are encouraged.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Youngstown
- County
- Mahoning
- State
- Ohio
- Longitude
- -80.6414
- Latitude
- 41.112
- CBSA code
- 49660
- CBSA name
- YOUNGSTOWN-WARREN-BOARDMAN, OH-PA METROPOLITAN STATISTICAL AREA