For Sale
$2,100,000

117 North Ave Youngstown, OH 44502

High-Occupancy Industrial Warehouse, Ohio

Overview

Added:
Dec 11, 2024
Days on market:
137
This exceptional value-add industrial investment opportunity in Youngstown, Ohio, presents a compelling chance to acquire a multi-tenant warehouse totaling 194,000 square feet. Priced at $2,100,000 ($10.82/sq ft), this property boasts a 95% occupancy rate, generating strong immediate cash flow. The building features five stories plus a basement, equipped with three freight elevators and a dry sprinkler system for enhanced safety and efficiency. The property is zoned MU-C and includes one dock-high door, providing convenient loading and unloading capabilities. Located at 117 North Ave, Youngstown, OH 44502, this warehouse offers ample storage and warehouse space, along with available office space. Its central location, just blocks from the Central Business District and within one mile of highway access, ensures excellent accessibility and logistical advantages. This is a rare opportunity to acquire a well-maintained, high-occupancy industrial property in a prime location, offering significant potential for future growth and return on investment. The gross lease structure simplifies management, while the multi-tenant setup diversifies income streams. This property is a truly unique investment opportunity in a thriving market.

Highlights

  • Price Reduced!
  • Exceptional Investment Opportunity
  • Downtown Youngstown Warehouse & Storage Facility
  • Office Space Included
  • Prime Location, Blocks from CBD
  • Easy Highway Access (within 1 mile)

Property Details for 117 North Ave

Property type
Warehouses, Industrial properties
Square Feet
194,000 SF
Stories
5

Location Insight

City
Youngstown
County
Mahoning
State
Ohio
Latitude
41.104561679862
Longitude
-80.655857256432

FAQs

What type of property is this?
Warehouse - High-Occupancy Industrial Warehouse, Ohio
Where is the warehouse located?
The property is located at 117 North Ave Youngstown, OH.
What is the asking price?
The asking price for this property is $2,100,000.
What are key features of this property?
This property features: Price Reduced!; Exceptional Investment Opportunity; Downtown Youngstown Warehouse & Storage Facility
How can I contact the broker?
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117 North Ave
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