4774 Mahoning Ave Austintown, OH 44515
Falcon Commons, located at 4774 Mahoning Ave in Austintown, Ohio, presents a unique investment opportunity. This single-story, 8,500 square foot Class A commercial building, constructed in 2004, offers six suites in a multi-tenant configuration. Currently, 2,735 square feet are available, with individual suite sizes ranging from 960 to 1,775 square feet, ideal for a variety of office uses. The property sits on 0.85 acres of land and boasts 55 total parking spaces, ensuring ample convenience for tenants and customers. Its prime location at the well-lit intersection of Mahoning Avenue and Evans Drive benefits from high visibility and strong traffic flow. Nearby businesses include Marc's grocery store, Handel's Ice Cream, and Advanced Auto Parts, creating a vibrant commercial environment. The building features all-brick and masonry construction, reflecting its high-quality build. Further enhancing its value, a large billboard leased to Lamar Advertising is situated on the property. Subway, a current tenant, recently renewed their lease and completed a full interior remodel, demonstrating confidence in the location. The property is zoned B-2 and is situated in Mahoning County, Ohio, zip code 44515. This property is perfect for an investor seeking a quality shopping center or an owner-user looking to occupy a portion while leasing out the remaining suites.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
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Property description
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