5202 Mahoning Ave - Retail FOR SALE


Youngstown, OH 44515- North Outer Austintown/Boardman
$899,000 USD
330-469-2347
5202 Mahoning Ave, Youngstown, OH for Sale
$899,000 USD
Retail - FOR SALE
1/6
null | Request Cap Rate

5202 Mahoning Ave
Youngstown, OH 44515
North Outer Austintown/Boardman


HIGHLIGHTS

  • 4 automotive service bays
  • Existing office and customer waiting area
  • Retail/commercial redevelopment potential
  • Suitable for owner-user, investor, automotive operator, or developer
  • Flexible purchase and ground-lease structure available
  • ±1,982 SF building

OVERVIEW

Coldwell Banker Commercial Realty is pleased to announce that Strategically positioned at the corner of SR 11 and Mahoning Avenue, 5202 Mahoning Avenue presents an excellent opportunity for an owner-user, automotive operator, investor, or developer seeking a highly visible commercial location in the Youngstown/Austintown market. The property features an approximately 1,982-square-foot commercial building currently configured as a 4-bay auto repair facility, with an office area and customer waiting area. The property is reportedly zoned B-2, providing a commercial setting suitable for a range of potential business and redevelopment concepts, subject to applicable zoning and municipal approvals. Public property records also identify the site as a 1,982 SF retail/auto-shop property with B-2 zoning. The corner location at SR 11 and Mahoning Avenue provides strong visibility and convenient access, making the site attractive for continued automotive use or repositioning for another retail or service-oriented use. Redevelopment Potential Beyond its existing use, the property offers redevelopment potential for retail or other commercial applications. Its prominent corner positioning and commercial zoning create an opportunity for an investor or developer to explore a future redevelopment concept, subject to zoning, site-plan, access, parking, and municipal approvals. Flexible Acquisition Options The opportunity may be structured to accommodate different investment strategies: Purchase the real estate and continue operating the existing auto repair facility. Acquire the property for redevelopment and reposition the site for a new retail or commercial use. Purchase the existing automotive business while ground leasing the underlying land, providing an alternative structure for an operator seeking to control the business without acquiring the real estate. Owner-user opportunity for an automotive, service, or retail operator seeking a highly visible location. All zoning, permitted uses, redevelopment concepts, and development potential should be independently verified with the applicable municipality and authorities having jurisdiction.

FOR SALE DETAILS

PRICE

$899,000 USD

PRICE/SF

$454 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

ON GROUND LEASE

Yes

BUILDING DETAILS

PROPERTY NAME

Mahoning Auto Shop

PROPERTY TYPE

Retail

ADD'L SUBTYPES

Auto Dealership, Auto Repair

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1964

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.62 AC

LAND SF

27,007 SF

ZONING

B2

APN/PARCEL ID

48-028-0-101.00-0

ASK ABOUT THIS PROPERTY

Gerry BrownColdwell Banker EvenBay Real EstateMore Info
330-469-2347

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Gerry BrownColdwell Banker EvenBay Real EstateMore Info
330-469-2347

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.