2229 E State St Salem, OH 44460

Property Details for 2229 E State St

Year built

2007

Lot size

2.11 lot acres

Property size

15,072 SF

Property type

Retail space

APN

51-00121-004

APU

5100121004

Description

This exceptional commercial property at 2229 E State Street in Salem, Ohio, presents a unique investment opportunity. Boasting a substantial 15,072 square feet, the building sits on a generous 2.12-acre lot and offers significant frontage on three major streets: East State Street (128 feet), Southeast Boulevard (345 feet), and East Pershing Street (312 feet). The property's strategic location within a thriving commercial corridor places it in close proximity to a hospital office complex and various food service establishments, ensuring high visibility and foot traffic. A key feature is the inclusion of a drive-up window, adding convenience and appeal for potential tenants. The building's versatility is further enhanced by the seller's willingness to divide the space to meet individual tenant requirements. For investors seeking a long-term, stable income stream, a land lease is available, offering terms of $125,000 annually over a five-year period. This presents a compelling opportunity to acquire a substantial commercial property in a prime location with flexible lease options to suit a variety of business needs. The asking price for this property is $3,000,000.

Location Insight

City

Salem

County

Columbiana

State

Ohio

Longitude

-80.8295

Latitude

40.9002

CBSA code

41400

CBSA name

SALEM, OH MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments