139 Boardman St Youngstown, OH 44503-1828
This exceptional investment opportunity presents a fully leased, Class C office building totaling 21,122 square feet, situated in downtown Youngstown, Ohio. The property boasts a strong 8.50% capitalization rate and 100% occupancy, featuring two suites: Suite A (10,467 sq ft) and Suite B (11,655 sq ft). High-profile tenants include the Academy for Urban Scholars and Windstream Holdings, Inc., a Fortune 500 company. The building enjoys a highly visible corner location at the south end of Boardman Street, offering easy access and high visibility. Its strategic location provides convenient access to Interstates 80 and 680, as well as State Routes 62, 422, 193, and 711. The property's proximity to the Covelli Centre, Youngstown's premier sports and entertainment venue, further enhances its appeal. Adding to its value is the presence of a commercial standby generator on-site, ensuring business continuity. The asking price is $1,875,000. This is a rare opportunity to acquire a stable, high-performing asset in a desirable location. The building is situated near three parking garages, ensuring ample parking for tenants and visitors. This property offers a compelling combination of strong occupancy, high yield, and a prime location, making it an ideal addition to any investment portfolio.
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
No recorded transactions found for this property.
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.