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5 Unit Strip Plaza in Austintown Ohio 1305-1363 S Raccoon Rd 6,676 SF 100% Leased Retail Building Austintown, OH 44515 $1,046,940 CAD ($156.82 CAD/SF)
INVESTMENT HIGHLIGHTS
- 5 Unit Strip Plaza plus Billboard Income
- Great Visibility in a High Traffic Retail Area
EXECUTIVE SUMMARY
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.
PROPERTY FACTS
Sale Type
Investment
Property Type
Building Size
6,676 SF
Year Built/Renovated
1972/2020
Price
$1,046,940 CAD
Price Per SF
$156.82 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.11
Lot Size
1.40 AC
Zoning
B-2, R-2 - Business and Residential
Frontage
150’ on South Raccoon
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 48-080-0-031.00-0 | Improvements Assessment | $66,639 CAD |
| Land Assessment | $22,919 CAD | Total Assessment | $89,559 CAD |
PROPERTY TAXES
Parcel Number
48-080-0-031.00-0
Land Assessment
$22,919 CAD
Improvements Assessment
$66,639 CAD
Total Assessment
$89,559 CAD
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5 Unit Strip Plaza in Austintown Ohio | 1305-1363 S Raccoon Rd
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