777 N Ellsworth Ave Salem, OH 44460
For Sale
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This exceptional mixed-use property, located at 777 N Ellsworth Ave in Salem, Ohio (44460), presents a compelling investment opportunity. The 0.6-acre lot encompasses three distinct buildings, offering diverse income stream potential. The main structure is a 1,456 square foot retail building, complete with nine convenient parking spaces. A separate 920 square foot heated garage features two drive-in doors, ideal for various uses. Finally, a substantial 1,860 square foot, two-story house with three bedrooms and two bathrooms is included. Currently, the house has a month-to-month tenant. The entire property is currently vacant, allowing for immediate customization and tenant selection. The property is zoned for commercial use, providing flexibility for future development or expansion. With a total square footage of 4,236 and an asking price of $290,000 ($68.46 per square foot), this property offers a strong return on investment potential. This is a rare opportunity to acquire a versatile mixed-use property in a desirable location. Columbiana County location provides easy access to local amenities and transportation routes. Don't miss this chance to capitalize on this unique investment.
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Advantage Machine Shop Industrial Manufacturer
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.