1 Federal StYoungstown, OH 44503
- Office properties
- 78,812 SF
Property Details for 1 Federal St
- Year built
- 1929
- Lot size
- 0.05 AC
- Property size (Sq ft)
- 78,812 SF
- Property type
- Office properties
- Property subtype
- Office buildings
- APN
- 53-002-A-039.00-0
- APU
- 53002A039000
Description
This exceptional office space, located in Youngstown, Ohio's tallest building at 1 W Federal St, offers a variety of configurations to suit your business needs. The property, built in 1929, is a 17-story building situated in the heart of downtown, providing unparalleled convenience and accessibility. Currently, 4,500 square feet of contiguous office space is immediately available, divisible into units as small as 560 square feet. The available space is located on floors 4 through 6. Tenants will enjoy the benefit of a 17th-floor conference room, perfect for meetings and presentations. This central location offers easy access to Youngstown State University, a diverse selection of restaurants and museums, the Mahoning County Courthouse, the Downtown YMCA, and the DoubleTree hotel. The property's strategic position also ensures convenient access to major highways, Mill Creek Park, and several golf courses. The building sits on a 0.05-acre lot. This is a multi-tenant building offering a blend of executive, creative, and traditional office spaces. The property is ideal for businesses seeking a prestigious address and a vibrant, walkable urban environment. Inquire today to secure your ideal office space in this iconic Youngstown landmark.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $14,988,240
- 6.5%
- $13,835,298
- 7%
- $12,847,063
-
Comparable approach
- Method
- Valuation
- Relative Method
- $7,372,074
- Geo Method
- $7,372,074
-
Alternative Use
- Use
- Valuation
- Residential
- $17,155,770
- Hospitality
- $15,714,593
- Educational
- $13,074,357
- Medical
- $13,524,004
- Retail
- $20,337,888
Location Insight
- City
- Youngstown
- County
- Mahoning
- State
- Ohio
- Latitude
- 41.1
- Longitude
- -80.6499
- CBSA code
- 49660
- CBSA name
- YOUNGSTOWN-WARREN-BOARDMAN, OH-PA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
- How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
- Please email our support team at [email protected] and they will add the team member.
- How do I access a private listing?
- Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
- How can I contact the broker?
- We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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