161 Lincoln Ave Salem, OH 44460-2903
- Office buildings
- 10,376 SF
- 0.25 lot acres
Current Use by Public Records
- Salem News / Newspaper Publisher
- Thomas Grieve Carpet Installer / Carpet Installer
Property Details for 161 Lincoln Ave
- Year built
- 1948
- Lot size
- 0.25 lot acres
- Property size
- 10,376 SF
- Property type
- Office buildings
- APN
- 51-00805-000
- APU
- 5100805000
Description
This exceptional commercial property, located at 161 N Lincoln Avenue in Salem, Ohio, presents a compelling redevelopment opportunity. The 17,000 square foot building sits on a 0.71-acre lot and boasts a highly visible street presence with over 100 feet of frontage on North Lincoln Avenue. Constructed in 1948, this two-story Class C building offers a versatile mix of office and warehouse space, ideal for a variety of uses. Features include large open office areas, a former pressroom, a convenient loading dock, and a service elevator. Ample parking is provided with over 20 spaces available on-site. The property's zoning allows for mixed-use development, providing flexibility for potential buyers. The building's substantial size and prime location in Columbiana County, Ohio, (zip code 44460) make it an attractive investment for those seeking a significant commercial property with high redevelopment potential. The property is classified as Commercial, Industrial, and Traditional Office. This is a rare opportunity to acquire a substantial property in a growing area. The asking price is $800,000.
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
- Salem
- County
- Columbiana
- State
- Ohio
- Longitude
- -80.8519
- Latitude
- 40.9017
- CBSA code
- 41400
- CBSA name
- SALEM, OH MICROPOLITAN STATISTICAL AREA
