4150 Sunset BlvdSteubenville, OH 43952

  • Retail properties
  • 1,656 SF
For Sale
$875,000 View listing

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
4150 Sunset Blvd, Steubenville, Ohio

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

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$6,718
$80,808
$28,648
$109,456
-
$230,880
$81,850
$312,730

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