5600 Market St - Office/Residential FOR SALE


Youngstown, OH 44512- South Outer Austintown/Boardman
$775,000 USD
909-844-2886
5600 Market St, Youngstown, OH for Sale
$775,000 USD
Office/Residential - FOR SALE
1/13
null | Request Cap Rate


HIGHLIGHTS

  • Exceptional mixed-use property
  • Commercial and residential potential

OVERVIEW

The owner will self-finance with 50% down and at 6.5% interest over 20 years. Lease to own is possible with $50,000 nonrefundable deposit and $10,000/month and a 5 year term. Exceptional mixed-use property offering both commercial and residential potential. The first floor features approximately 6,270 square feet of commercial space, while the second floor provides 11,000 square feet of residential space. The property is approved for eight residential apartments, creating a strong opportunity for income generation. There are 8 bathrooms and 3 kitchens on the first and separately metered. Situated on 1 acre, the site includes 120 parking spaces and benefits from separately metered gas and electric utilities. Located along a high-visibility main road with a daily traffic count of nearly 35,000 vehicles, the property offers excellent exposure and accessibility. Conveniently positioned near shopping centers, Mill Creek MetroParks, Boardman Park, and Akron Children's Hospital, this property combines a prime location with significant development and investment potential. Located 1 mile north of State Route 224, Boardman center. The canopy is 170'x30' wide and can be enclosed if you need more space. A single tenant previously used this property for 10 years and there is a large conference and training center upstairs.

FOR SALE DETAILS

PRICE

$775,000 USD

PRICE/SF

$45 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Office/Residential

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1971

SPRINKLERS

-

PARKING SPACES

125

LAND DETAILS

LAND ACRES

1.84 AC

LAND SF

80,150 SF

ZONING

MU

APN/PARCEL ID

29-064-0-368.00-0

ASK ABOUT THIS PROPERTY

Art MenaldiNew HomeMore Info
909-844-2886

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Art MenaldiNew HomeMore Info
909-844-2886

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