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5600 Market St 17,250 SF Vacant Office Building Youngstown, OH 44512 $1,091,580 CAD ($63.28 CAD/SF)



Investment Highlights
- Exceptional mixed-use property
- Commercial and residential potential
Executive Summary
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.
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Office/Residential
Building Size
17,250 SF
Building Class
B
Year Built
1971
Price
$1,091,580 CAD
Price Per SF
$63.28 CAD
Percent Leased
Vacant
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
8,625 SF
Building FAR
0.22
Lot Size
1.84 AC
Zoning
MU - Mixed use zoning for office, medical, retail, or residential use.
Parking
125 Spaces (7.25 Spaces per 1,000 SF Leased)
Amenities
- 24 Hour Access
- Bus Line
- Conferencing Facility
- Security System
- Signage
- Basement
- Air Conditioning
Space Availability
- Space
- Size
- Space Use
- Build-Out
- Available
- 1st Floor
- 8,650 SF
- Office
- -
- Now
- 2nd Floor
- 8,650 SF
- Office
- -
- Now
| Space | Size | Space Use | Build-Out | Available |
| 1st Floor | 8,650 SF | Office | - | Now |
| 2nd Floor | 8,650 SF | Office | - | Now |
1st Floor
| Size |
| 8,650 SF |
| Space Use |
| Office |
| Build-Out |
| - |
| Available |
| Now |
2nd Floor
| Size |
| 8,650 SF |
| Space Use |
| Office |
| Build-Out |
| - |
| Available |
| Now |
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 29-064-0-368.00-0 | Improvements Assessment | $86,079 CAD |
| Land Assessment | $23,499 CAD | Total Assessment | $109,579 CAD |
Property Taxes
Parcel Number
29-064-0-368.00-0
Land Assessment
$23,499 CAD
Improvements Assessment
$86,079 CAD
Total Assessment
$109,579 CAD
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5600 Market St
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