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Property profile & analytics
OFF-MARKET Estimated value $2,135,000
Banks

106 Market St Warren, OH 44481-1150

54,378 SF 0.12 ac lot Built 1920
Entity Owned 14-yr Hold ~ Est. High Equity
Property ID
US66-1097869
Property summary
AI-generated overview

This 59,000 square foot, multi-tenant office building in Warren, Ohio, presents a compelling redevelopment opportunity. Currently operating at 50% occupancy with a gross lease structure, the property is listed at $1,200,000 ($20.34/SF). Classified as a Class C building, it offers significant potential for adaptive reuse. The property's diverse zoning permits commercial use, and its location within a historic district adds unique character. Original brass and marble detailing enhances the building's historical value. The building's prime location near the renovated Robins Theatre, Trumbull County Courthouses, and Warren Municipal Court provides excellent visibility and accessibility. The first floor is particularly well-suited for retail or banquet hall use, while upper floors could be converted into modern office spaces, apartments, or condominiums. This presents an ideal owner-user opportunity or a lucrative venture for developers seeking a high-return project. The property's APN numbers are 39-536150; 39-536100; 39-481200; 39-536090. The address is 106 E Market St, Warren, OH 44481. This is a truly unique opportunity to acquire a substantial property in a revitalizing downtown area. The building's former use as a bank headquarters speaks to its structural integrity and potential for a variety of uses. This is a must-see property to fully appreciate its potential.

Property profile
Verified
Property type Banks
Use group FINANCIAL BUILDING
Year built 1920
Total area 54,378 SF
Lot 0.12 ac (5,227 SF)
APN 39-536150
UPID US66-1097869
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • One Click Technology Group Llc (Bike/Boat/Book/etc) Store Corporate Office
  • Tackett Dennis W Law Firm
  • Bruce R Epstein Law Office Law Firm
  • William Paul Mc Guire Co Law Firm
  • Phelps & King Law Firm
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$2.14M
Owner & transaction history
All Land Holdings Ltd · 14 yrs held
All Land Holdings Ltd
since 2011
3 recorded transactions
2011
$82,500
2007
Price N/A
2006
$572,500
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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