4150 Sunset BlvdSteubenville, OH 43952
- Retail properties
- 1,656 SF
Property Details for 4150 Sunset Blvd
- Year built
- 1900
- Lot size
- 2.00 AC
- Property size (Sq ft)
- 1,656 SF
- Property type
- Retail properties
- Property subtype
- Turn key restaurants
- APN
- 08-01084-000
- APU
- 801084000
Description
This exceptional 1.5-acre mixed-use property at 4150 Sunset Boulevard in Steubenville, OH, presents a unique investment opportunity. Boasting 150 feet of prime frontage on Sunset Boulevard, this location enjoys a daily traffic count of nearly 20,000 vehicles, ensuring high visibility and accessibility. The property includes a readily developable 0.7-acre pad site, along with an additional 0.8-acre parcel behind the main building, offering significant expansion potential. Its strategic location provides easy access to major roadways via the nearby Lovers Lane and John Scott connectors. Currently, the property generates consistent monthly cash flow from its existing tenants. This is one of the last remaining premier locations on Sunset Boulevard, ripe for redevelopment or continued operation as a successful mixed-use asset. The substantial land area and high traffic volume make this an ideal investment for entrepreneurs seeking a high-impact commercial venture in a thriving location. The property's current configuration and income stream provide a solid foundation for future growth and development. This is a rare opportunity to acquire a significant commercial property in a prime location with excellent potential for increased profitability. The asking price is $875,000.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $462,952
- 6.5%
- $427,340
- 7%
- $396,816
-
Comparable approach
- Method
- Valuation
- Relative Method
- $390,354
- Geo Method
- $390,354
-
Alternative Use
- Use
- Valuation
- Residential
- $360,478
- Hospitality
- $330,195
- Educational
- $274,719
- Medical
- $284,167
- Retail
- $427,340
Location Insight
- City
- Steubenville
- County
- Jefferson
- State
- Ohio
- Latitude
- 40.3749
- Longitude
- -80.6759
- CBSA code
- 48260
- CBSA name
- WEIRTON-STEUBENVILLE, WV-OH METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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