117 North AveYoungstown, OH 44502

Property Details for 117 North Ave

Property size (Sq ft)

194,000 SF

Property type

Industrial properties

Property subtype

Other warehouses

Description

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.

Location Insight

City

Youngstown

County

Mahoning

State

Ohio

Latitude

41.1046

Longitude

-80.6559

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