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Investment Highlights
- Well Established Business
- Excellent Location with Great Visibility and Room for Expansion
Executive Summary
Rare opportunity to acquire a high-visibility commercial real estate asset with substantial acreage along one of Mahoning County’s most heavily traveled corridors. Located on Market Street in North Lima, this property offers exceptional frontage, exposure, and accessibility within a proven commercial district supported by strong traffic counts and long-term growth fundamentals. The primary building offers approximately 4,856± square feet of retail and storage space situated on 10.805 acres, providing a flexible layout suitable for a wide range of commercial, retail, service, or redevelopment uses. The site includes ample parking, multiple structures, and efficient ingress and egress, making it well-positioned for owner-users, investors, or redevelopment groups seeking scale and visibility. An on-site single-family residence further enhances the versatility of the offering, presenting opportunities for owner occupancy, on-site management housing, rental income, or future redevelopment. This component enhances flexibility and supports a variety of ownership and use scenarios. Additionally, the property includes a separate commercially zoned vacant parcel fronting Western Reserve Road, which contributes added flexibility and future potential. This parcel may support expansion, auxiliary commercial use, future development, or long-term land banking, subject to zoning and approvals. Commercial properties offering this combination of frontage, acreage, zoning flexibility, and corridor presence are increasingly rare. This asset presents multiple paths to value creation through continued operation, redevelopment, expansion, or repositioning. Ideal for investors, developers, or strategic owner-users seeking long-term appreciation and control of a prominent commercial location.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
4,856 SF
Building Class
B
Year Built
1989
Price
$2,598,781 CAD
Price Per SF
$535.17 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.02
Lot Size
6.35 AC
Zoning
Commercial
Parking
16 Spaces (3.29 Spaces per 1,000 SF Leased)
Frontage
92’ on Market St
Amenities
- Fenced Lot
- Security System
- Signage
- Drive Thru
- Air Conditioning
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
20/100
Somewhat bikeable
20/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 04-066-0-020.00-0 | Improvements Assessment | $147,292 CAD |
| Land Assessment | $106,825 CAD | Total Assessment | $254,117 CAD |
Property Taxes
Parcel Number
04-066-0-020.00-0
Land Assessment
$106,825 CAD
Improvements Assessment
$147,292 CAD
Total Assessment
$254,117 CAD
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9074 Market St
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