This rare value-add office property is positioned at the heart of a revitalizing downtown Steubenville corridor, making it an attractive opportunity for investors or owner-occupants. The two-story building encompasses over 12,000 square feet of office space, includes private parking, and sits just steps from city amenities and government offices. The property is currently home to the local Chamber of Commerce and other established tenants, providing a stable occupancy base. With one main floor currently vacant due to owner retirement, there is significant upside for repositioning and leasing additional space.
The asset’s location offers exceptional visibility and is easily accessible from major regional routes, including US-22 and State Route 7, connecting it to the broader Ohio Valley economic hub. Downtown Steubenville continues to experience ongoing revitalization with new businesses, public investments, and improved infrastructure. For investors, this property offers attractive long-term income potential with the promise of increased yield through cost-effective enhancements. A projected 10% CAP rate further positions the property as a compelling acquisition for value-oriented buyers.