For Sale
$1,400,000

2840 Youngstown Rd Warren, OH 44484

11,400 SF former Rite Aid; high-traffic location.

Overview

Added:
Dec 11, 2024
Days on market:
136
This exceptional 11,400-square-foot freestanding retail building, formerly a Rite Aid, presents a compelling investment opportunity. Situated on a 1.37-acre lot in Warren, Ohio, this property boasts over 200 feet of frontage on both Youngstown Warren Road and Central Parkway Avenue, ensuring high visibility and accessibility. The building is strategically located just two miles from Eastwood Mall, one of America's largest shopping complexes, encompassing over 3.4 million square feet and housing more than 200 retailers. This proximity guarantees significant foot traffic and consumer exposure. The property is zoned for commercial use ("A" and "B" districts) and includes ample parking with 55 spaces available for customers and employees. The asking price is $1,400,000, with a lease rate of $12.50 per square foot and annual taxes of $3.18 per square foot. This prime retail location offers significant potential for a variety of businesses seeking high visibility and access to a substantial consumer base in a thriving commercial area. The substantial size and prominent location make this an ideal opportunity for a retailer seeking a strong presence in a high-traffic area.

Highlights

  • 11,400 SF freestanding former Rite Aid building on a 1.37-acre lot, available for $1,400,000.
  • Located two miles from Eastwood Mall, a major shopping complex with over 200 retailers.
  • Zoned for commercial use ("A" and "B" districts).
  • High visibility with over 200 feet of frontage on Youngstown Warren Road and Central Parkway Avenue.
  • Ample parking with 55 spaces.
  • Asking price: $1,400,000; Lease rate: $12.50/SF; Annual taxes: $3.18/SF.

Property Details for 2840 Youngstown Rd

Property type
Retail properties, Retail space
Square Feet
11,400 SF

Location Insight

City
Warren
County
Trumbull
State
Ohio
Latitude
41.2213081
Longitude
-80.7836562

FAQs

What type of property is this?
Retail property - 11,400 SF former Rite Aid; high-traffic location.
Where is the retail property located?
The property is located at 2840 Youngstown Rd Warren, OH.
What is the asking price?
The asking price for this property is $1,400,000.
What are key features of this property?
This property features: 11,400 SF freestanding former Rite Aid building on a 1.37-acre lot, available for $1,400,000.; Located two miles from Eastwood Mall, a major shopping complex with over 200 retailers.; Zoned for commercial use ("A" and "B" districts).
How can I contact the broker?
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2840 Youngstown Rd
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