1305-1363 S Raccoon Rd - Retail FOR SALE


Austintown, OH 44515- North Outer Austintown/Boardman
$765,000 USD
1305-1363 S Raccoon Rd, Austintown, OH for Sale
$765,000 USD
Retail - FOR SALE
1/19
null | 8% Cap Rate

1305-1363 S Raccoon Rd
Austintown, OH 44515
North Outer Austintown/Boardman


HIGHLIGHTS

  • Fully Leased 5 Unit Strip Plaza plus Billboard
  • Great Visibility in a High Traffic Retail Area

OVERVIEW

Excellent investment opportunity! 5 unit strip plaza with all 5 units occupied and generating income. 3 units have been extensively remodeled. Additional significant upgrades have also been completed. There are two buildings, one with 2 units and one with 3 units. Both buildings tighter total 6676 sqft. A Lamar Billboard sign generating additional income is located on the property. Paved Parking. Excellent Visibility in a high traffic retail area. Located down the street from Austintown Schools. 2 parcels totaling 1.4 acres with room for possible expansion.

FOR SALE DETAILS

PRICE

$765,000 USD

PRICE/SF

$115 USD /SF

CAP RATE

8%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

5 Unit Strip Plaza in Austintown Ohio

PROPERTY TYPE

Retail

ADD'L SUBTYPES

Restaurant, Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1972

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.4 AC

LAND SF

60,984 SF

ZONING

B-2, R-2

APN/PARCEL ID

48-080-0-031.00-0

ASK ABOUT THIS PROPERTY

Chris RomanHoward Hanna Real Estate ServicesMore Info

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Chris RomanHoward Hanna Real Estate ServicesMore Info

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