16 Madison StLeetonia, OH 44431

Property Details for 16 Madison St

Year built

1976

Lot size

2.16 AC

Property size (Sq ft)

13,760 SF

Property type

Commercial real estate

APN

58-00860-000

APU

5800860000

Description

This exceptional mixed-use property in Leetonia, Ohio presents a compelling investment opportunity. Spanning over 2.35 acres, the property comprises five buildings offering a total of 22,353 square feet of versatile space. Building #1, a substantial structure, features 5,500 square feet of climate-controlled retail space, 1,600 square feet of office space, five restrooms, and ample warehouse capacity. This building boasts two large warehouses, each with 18-foot ceilings, mezzanines, and 12-foot drive-in doors. One warehouse measures 60 x 60 feet, and the other is 58 x 48 feet. The building is also equipped with robust 600-amp, 3-phase electric service. Building #2 offers 5,857 square feet divided into four bays, each with its own electric meter. Access to these bays is provided by a combination of sliding bypass doors and overhead doors (10-foot and 8-foot). Building #3 provides 2,736 square feet of warehouse space, accessible via a 10-foot overhead door and a sliding bypass door. Utilities for this building are supplied from the main building. Finally, Buildings 4 and 5 are identical open-air structures, each measuring 152 feet by 36 feet, fully covered and enclosed with end walls. This property's expansive size, diverse building configurations, and prime Leetonia location offer endless possibilities for a variety of commercial uses. The substantial square footage and multiple access points make this an ideal property for businesses requiring significant storage, manufacturing, or retail space.

• Alternative Use

  Use

  Valuation

  Residential

  $2,995,272

  Hospitality

  $2,743,653

  Educational

  $2,282,687

  Medical

  $2,361,192

  Retail

  $3,550,847

Location Insight

City

Leetonia

County

Columbiana

State

Ohio

Latitude

40.8761

Longitude

-80.7572

CBSA code

41400

CBSA name

SALEM, OH MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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