1329 Indianola Ave Youngstown, OH 44502-2647
This exceptional commercial property at 1329 E Indianola Avenue, Youngstown, OH, presents a unique investment opportunity. Situated on a 0.12-acre lot near Interstate 680, this building offers a substantial amount of retail space ideal for a variety of uses, including a bar, restaurant, salon, or bakery. The majority of the first floor and basement have been completely renovated, providing a blank canvas for a creative entrepreneur. The open floor plan is complemented by two bathrooms and a full kitchen, along with separate entrances for convenience. A significant upgrade includes a new boiler (installed November 2024), a new hot water tank, and updated electrical service (200 amps for the retail space and 100 amps for the apartment). The building also boasts a newer roof. Upstairs, a recently updated three- to four-bedroom apartment awaits, featuring fresh paint, new flooring, and a modern bathroom. Outside, ample parking is available in a sizable lot, further enhanced by a two-car garage. This property offers a compelling blend of commercial and residential space, presenting endless possibilities for both business and personal use. The asking price is $90,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.