1305-1363 S Raccoon Rd - Retail FOR SALE


Austintown, OH 44515- North Outer Austintown/Boardman
$750,000 USD
1305-1363 S Raccoon Rd, Austintown, OH for Sale
$750,000 USD
Retail - FOR SALE
1/19
null | Request Cap Rate

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


HIGHLIGHTS

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

OVERVIEW

Excellent investment opportunity! 5 unit strip plaza with 4 of 5 units occupied and generating income. 3 units have been extensively remodeled. Vacant unit is available for lease and consists of 2310 sqft. It is one of the three extensively remolded units. The last tenant just vacated. 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

$750,000 USD

PRICE/SF

$112 USD /SF

CAP RATE

Request Cap Rate

% 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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