Property profile

3143 Mahoning Ave Youngstown, OH 44509

FOR LEASE
Bars & Pubs
Property ID
US66-5835188
5,544 SF 0.15 ac lot Built 1949
Entity Owned 16-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 5,544 square foot, two-story office building presents a remarkable investment opportunity in Mahoning County. Completely renovated in 2022, the property boasts a modern interior with brand new mechanical systems and bathrooms, ready for immediate occupancy. The building, constructed in 1949, sits on a 0.4-acre corner lot, providing excellent visibility and dedicated parking for tenants and customers. Currently configured as a single-tenant space, the first floor offers 2,772 square feet ideal for a variety of uses, including retail, restaurant, medical, or traditional office space. The flexible layout and modern amenities make this property exceptionally versatile. The building's MUC zoning allows for a range of commercial uses. This is a rare chance to acquire a fully renovated, well-located commercial property in a desirable area. The building's single-tenant occupancy offers simplicity and ease of management. The updated infrastructure and prime location ensure strong potential for rental income and long-term appreciation. Don't miss this opportunity to own a meticulously maintained and highly adaptable commercial space. The property's corner location and ample parking are key advantages in a competitive market. The building's modern amenities and flexible layout make it an attractive option for a wide range of businesses.

Property profile

Verified
Property type Bars & Pubs
Use group BAR, TAVERN
Year built 1949
Total area 5,544 SF
Lot 0.15 ac (6,621 SF)
APN 53-169-0-067.00-0
UPID US66-5835188

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

3143 Mahoning Ave Youngstown, OH 44509
Youngstown metro Census 802800 YOUNGSTOWN-WARREN-BOARDMAN, OH-PA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$230k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$305k

Owner & transaction history

since 2010
2 recorded transactions
2010
$50,000
2007
$150,000

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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