6000 Mahoning AveAustintown, OH 44515

  • Retail properties
  • 82,628 SF
For Lease

Property Details for 6000 Mahoning Ave

Year built
1963
Lot size
5.23 AC
Property size (Sq ft)
82,628 SF
Property type
Retail properties
Property subtype
Other retail properties
APN
48-092-0-062.00-0
APU
480920062000

Description

Located at 6000 Mahoning Ave, Youngstown, OH 44515, Austintown Plaza offers a prime retail opportunity. This multi-tenant property boasts a total of 9,584 square feet, with a single, fully vacant space currently available. The space is highly divisible, with a minimum leasable area of 4,716 square feet and a maximum contiguous area of 4,868 square feet. The entire 9,584 square feet is available for lease to a single tenant. The building underwent renovations in 2012, ensuring modern amenities and a well-maintained structure. This location provides excellent visibility and accessibility, making it ideal for a variety of retail businesses. The property's strategic position within Austintown offers strong potential for attracting a significant customer base. This is a rare opportunity to secure a substantial retail space in a thriving Ohio market. The property is classified as commercial retail and is ready for immediate occupancy. Interested parties should inquire promptly to secure this exceptional retail space. The property is conveniently located and offers ample space for a variety of retail uses. This is an excellent opportunity for businesses seeking a high-visibility location in a growing community.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $23,099,516
    6.5%
    $21,322,630
    7%
    $19,799,584
  • Comparable approach

    Method
    Valuation
    Relative Method
    $19,477,138
    Geo Method
    $19,477,138
  • Alternative Use

    Use
    Valuation
    Residential
    $17,986,436
    Hospitality
    $16,475,478
    Educational
    $13,707,405
    Medical
    $14,178,823
    Retail
    $21,322,630
6000 Mahoning Ave, Austintown, Ohio

Location Insight

City
Youngstown
County
Mahoning
State
Ohio
Latitude
41.1007
Longitude
-80.7726
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
$79,071
$274,310
$916,170
$1,190,480
-
$783,750
$2,617,630
$3,401,380

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