6534 Market StYoungstown, OH 44512

Property Details for 6534 Market St

Lot size

0.10 AC

Property type

Retail space

APN

29-065-0-009.00-0

APU

290650009000

Description

This exceptional 4,225-square-foot retail property, located at 6534 Market St in Youngstown, Ohio (44512), presents a compelling investment opportunity. The single-story, 1949-built building sits on a 0.1-acre lot (APN 29-065-0-010.00-0) and is currently operating at 100% occupancy. Zoned for commercial use, this Class B property offers a versatile space suitable for a variety of retail businesses, including convenience stores and grocery stores. The asking price is $300,000, translating to $71.01 per square foot. Its strategic location directly across from Akron Children's Hospital and near major shopping centers ensures high visibility and foot traffic. The property's single-unit tenancy and substantial square footage provide significant potential for growth and expansion. This is an ideal opportunity for business owners seeking a well-established location or developers looking to capitalize on a prime commercial site in a thriving area. The property's existing infrastructure and high-traffic location make it an attractive investment with strong potential for return.

• CAP approach

  CAP return

  Valuation

  6%

  $1,181,143

  6.5%

  $1,090,286

  7%

  $1,012,408

• Comparable approach

  Method

  Valuation

  Relative Method

  $995,920

  Geo Method

  $995,920

• Alternative Use

  Use

  Valuation

  Residential

  $919,697

  Hospitality

  $842,437

  Educational

  $700,898

  Medical

  $725,003

  Retail

  $1,090,286

Location Insight

City

Youngstown

County

Mahoning

State

Ohio

Latitude

41.0319

Longitude

-80.6632

CBSA code

49660

CBSA name

YOUNGSTOWN-WARREN-BOARDMAN, OH-PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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