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Property profile & analytics
FOR SALE
Retail space

55 N Market St East Palestine, OH 44413

5,720 SF 0.07 ac lot Built 1900
Entity Owned Free & Clear
Property ID
US66-0896147
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1900
Total area 5,720 SF
Lot 0.07 ac (3,241 SF)
APN 68-02337-000
UPID US66-0896147
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
E P MANAGEMENT LLC
E P MANAGEMENT LLC
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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