1 Federal StYoungstown, OH 44503

  • Office properties
  • 78,812 SF
For Lease
$8/SF/YR View listing

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
1 Federal St, Youngstown, Ohio

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

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
$31,820
$10,100
$430,030
$440,130
-
$28,870
$1,228,650
$1,257,520

FAQs

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