1974 Warren Ave Niles, OH 44446
For Sale
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This exceptional mixed-use property in Niles, Ohio, presents a unique investment opportunity. Located at 1974 Warren Avenue, this 3,696 square foot building sits on over two acres of land and offers a blend of commercial and residential income streams. The main structure features a commercial office/showroom space, ideal for a variety of businesses. Adding to the property's income potential are two currently rented residential houses, providing a steady stream of passive income. Furthermore, the property boasts ample storage space with two 8' x 10' drive-in doors and one 10' x 11' drive-in door located within two separate garage/storage outbuildings. The property's substantial size and versatile layout offer significant potential for expansion or adaptation to suit a wide range of business needs. This is a rare opportunity to acquire a well-established, income-generating property in a desirable location. The asking price for this turnkey investment is $325,000. The property is situated in Trumbull County, Ohio, with a zip code of 44446. This is an excellent opportunity for investors seeking a diversified portfolio with both commercial and residential income streams. The property's location and features make it an attractive investment for both short-term and long-term growth.
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Wheeler's Fireplace & Grill Building Supply Hardware & Home Improvement
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.