Property summary
This exceptional mixed-use property at 255 W Wood Street, Lowellville, OH, presents a unique investment opportunity. The building offers 2340 square feet of adaptable space, currently configured as two offices and a shop area. This layout provides immediate functionality, but the property's versatility allows for a variety of uses. The potential exists to subdivide the space into three or four individual units, each with its own private entrance, catering to multiple commercial tenants. A full basement provides ample storage, significantly enhancing the property's utility. Adding to its appeal is an attached garage, which offers significant potential for use as a loading dock, ideal for businesses requiring efficient goods handling. The property sits on a conveniently sized 0.15-acre lot in a desirable Lowellville location. This combination of space, adaptability, and location makes this property an attractive prospect for investors seeking a strong return or entrepreneurs looking to establish a thriving business. The existing infrastructure provides a solid foundation for immediate occupancy, while the flexible layout allows for customization to meet specific business needs. Don't miss this chance to acquire a versatile and well-situated commercial property in a thriving community. The asking price is $124,900.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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