Property profile

101 Market St Youngstown, OH 44503

FOR LEASE
Warehouses
Property ID
US66-0710483
37,782 SF 0.26 ac lot Built 1965
Entity Owned 6-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional five-story commercial property, located at 101 Market Street in Youngstown, Ohio, offers a unique opportunity for businesses seeking executive office space in a revitalizing downtown area. The building boasts a total of 43,058 square feet, with flexible space options ranging from a minimum of 2,286 square feet to a maximum contiguous space of 11,240 square feet. Currently, the entire 43,058 square feet is vacant, presenting a blank canvas for a single tenant or multiple occupants. The property is zoned MU - Downtown, allowing for a variety of uses within the retail, office, and restaurant sectors. Ample parking is available with 34 spaces. The building's strategic location places it in close proximity to key attractions and institutions, including the Covelli Center, Youngstown State University (YSU), the Youngstown Foundation Amphitheater, two Federal Courthouses, the Mahoning County Courthouse, and Eastern Gateway College. This prime location benefits from Youngstown's ongoing revitalization, making it an increasingly attractive place to live and work. The property's multiple tenancy option provides flexibility for businesses of various sizes and needs. This is an exceptional opportunity to establish a presence in a thriving and developing urban center. The address is 101 Market Street, Youngstown, OH 44503.

Property profile

Verified
Property type Warehouses
Use group MINI-WAREHOUSE, STORAGE
Year built 1965
Total area 37,782 SF
Lot 0.26 ac (11,238 SF)
APN 53-016-0-159.00-0
UPID US66-0710483

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • HVAC Service General Contractor
  • Building Supply
  • (Bike/Boat/Book/etc) Store

Location

101 Market St Youngstown, OH 44503
Youngstown metro Census 813700 YOUNGSTOWN-WARREN-BOARDMAN, OH-PA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$600k
CAP Approach CAP
by Request
Comparable Approach Comparable
$712k
Blend (final) Blend
$600k

Owner & transaction history

since 2020
1 recorded transaction
2020
Price N/A

Zoning & alternative use

Top alternative use upside
Industrial (general) $1.2M +0.9%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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