55 Market St East Palestine, OH 44413
- Retail space
- 5,720 SF
- 0.07 lot acres
Current Use by Public Records
- Retail space
Property Details for 55 Market St
- Year built
- 1900
- Lot size
- 0.07 lot acres
- Property size
- 5,720 SF
- Property type
- Retail space
- APN
- 68-02337-000
- APU
- 6802337000
Description
Exceptional opportunity to acquire the renowned Skerball Building, a prominent standalone commercial property situated in the heart of East Palestine's business district on Market Street. This 6,240-square-foot lot features a substantial building with over 6,000 square feet of usable space, including a full basement and a second floor offering over 3,000 square feet with two bathrooms and a rooftop deck. The street-level space has been completely gutted, ready for a complete remodel to suit your business needs. Previous plans included a restaurant concept, and some restaurant equipment is available. Recent updates include a new roof, oversized gutters and downspouts, some new windows, and updated gas and water lines. Exterior improvements include a rebuilt rear wall, repointing, and repainting. A sound system is in place, and the water line is split for a sprinkler system. An adjacent 38 x 120 lot, prepared for an outdoor deck and paved walkway, provides convenient access to a public parking lot. The building's strategic location offers easy access to major transportation hubs, including Youngstown, OH (25 minutes), Pittsburgh, PA (1 hour), Pittsburgh International Airport (40 minutes), and Cleveland, OH (1.5 hours). This property presents endless possibilities for a variety of commercial ventures. The asking price is $250,000.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- East Palestine
- County
- Columbiana
- State
- Ohio
- Longitude
- -80.5402
- Latitude
- 40.8333
- CBSA code
- 41400
- CBSA name
- SALEM, OH MICROPOLITAN STATISTICAL AREA
