850 Wick Ave Youngstown, OH 44505-2858
This exceptional mixed-use property at 850 Wick Avenue, Youngstown, OH, presents a unique investment opportunity. The substantial 11,480 square foot building is currently configured as a fully operational auto body shop, complete with a paint booth and frame straightening machines. Its strategic location is at the heart of Youngstown's ongoing redevelopment, promising significant future growth potential. The property includes a large, fenced parking lot, providing ample space for customer vehicles and operational needs. The substantial size of the building allows for a variety of uses, making it suitable for expansion or adaptation to meet evolving market demands. The 0.43-acre lot offers considerable flexibility, and an additional lot is also available for purchase, providing further expansion possibilities. The asking price is $715,000, and owner financing is available, making this an attractive proposition for investors seeking a strong return on investment in a revitalizing urban area. The property's current configuration as a successful auto body shop provides immediate cash flow, while its location and size offer significant long-term upside. This is a rare chance to acquire a well-established business with substantial development potential in a rapidly improving neighborhood. Serious inquiries are encouraged.
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.