645 Summit St NW Warren, OH 44485
For Lease
1 / 22
This versatile 7,668 square foot commercial property, located at 645 Summit St NW in Warren, Ohio (zip code 44485), presents a unique investment opportunity. Situated on a spacious 1.8-acre lot, this mixed-use building offers a blend of office and retail space complemented by a rear warehouse featuring a convenient drive-in door. The property is currently vacant, allowing for immediate occupancy and customization to suit a variety of business needs. Its zoning designation permits manufacturing activities, expanding its potential uses. The strategic location offers excellent accessibility, being adjacent to the Mahoning River and just west of Mahoning Avenue. This prime location also benefits from proximity to Akron Children's Pediatric Hospital, providing potential for synergy with healthcare-related businesses. The asking price for this exceptional property is $275,000. This represents a compelling opportunity to acquire a well-positioned commercial space with significant potential for growth and return on investment in the thriving Niles/Warren, Ohio market. The property's size and zoning make it suitable for a wide range of businesses.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.