For Sale
$1,300,000

4845 Market StYoungstown, OH 44512

20,706 SF Office Building, 90% Occupancy

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional investment opportunity presents a well-maintained, two-story, 20,706 square foot Class B office building situated on a 1.6-acre lot in desirable Boardman Township, Ohio. Located at 4845 Market Street (SR 7), the property boasts excellent visibility and signage. The "Shops on the Glen" building features a multi-tenant occupancy with a strong 90% occupancy rate, anchored by numerous long-term tenants in a mix of retail and office spaces. Built in 1960, this traditional office building is zoned for business use and offers a gross lease structure. The asking price is $1,300,000, translating to $62.78 per square foot. This property represents a compelling investment prospect due to its high occupancy, established tenant base, and prime location in a thriving commercial area. The building's excellent condition and strong tenant relationships contribute to its significant potential for continued growth and return on investment. The property's location on Market Street ensures high traffic visibility and accessibility, making it an attractive option for both current and prospective tenants. This is a rare opportunity to acquire a stable, income-producing asset in a highly sought-after location.

Highlights

  • Investment opportunity with very low vacancy.
  • Extremely well-maintained mixed-use building.
  • Strong tenant base with many long-term retail and office leases.
  • Excellent location in Boardman Township.
  • High visibility with great signage on Market Street (SR 7).

Property Details for 4845 Market St

Property type
Office properties
Square Feet
20,706 SF
Class
B
Year Built
1960
Stories
2
Lot Size (sq. ft)
69,696 SF

Location Insight

City
Youngstown
County
Mahoning
State
Ohio
Latitude
41.050612444118
Longitude
-80.662615108309
4845 Market St, Youngstown, Ohio

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
4845 Market St
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message