1730 Mahoning Ave, Youngstown, OH 44509-2412
This unique Youngstown, OH commercial property presents a compelling investment opportunity. Located at 1730 Mahoning Avenue, the 0.14-acre lot features two buildings. The front building, formerly a dry cleaning establishment, has been vacant for three years and offers significant redevelopment potential. The rear building is currently leased to a car repair shop, generating a monthly rental income of $300. It's important to note that this rental arrangement is informal, lacking a formal lease agreement. The rear building does not have a water connection. The property's overall condition and the potential for future income streams make this an attractive proposition for investors seeking a hands-on project with immediate return potential. The asking price is $124,900. The square footage of the buildings is not currently available. Serious inquiries are encouraged to explore the possibilities of this versatile property and its potential for significant return on investment. Buyers are responsible for conducting their own due diligence regarding zoning, permits, and any necessary renovations or repairs. The property is sold as-is.
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Appearance Plus (Bike/Boat/Book/etc) Store
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
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.