4845 Market StYoungstown, OH 44512

Property Details for 4845 Market St

Year built

1960

Lot size

1.64 AC

Property size (Sq ft)

20,706 SF

Property type

Retail properties

Property subtype

Strip malls

APN

29-001-0-551.00-0

APU

290010551000

Description

This exceptional 1,280 square foot office space is located within a well-maintained 20,000 square foot retail and office building at 4845 Market Street in Youngstown, Ohio, Mahoning County, zip code 44512. The property boasts a prime location in Boardman Township, just north of Shields Road, offering excellent visibility and signage opportunities on Market Street (SR 7). The building features multiple tenants, many of whom have enjoyed long-term leases, indicating a stable and desirable environment. This suite is immediately available and represents a fantastic opportunity for businesses seeking a well-established and convenient location. The minimum divisible space is 1,280 square feet, and the maximum contiguous space available is also 1,280 square feet. This makes it ideal for a single tenant seeking a comfortable and efficient workspace. The building's excellent condition and strong tenant base contribute to a positive and productive atmosphere. The address is easily accessible and benefits from high traffic volume on a major thoroughfare. This is a rare opportunity to secure a well-situated office space in a thriving commercial area.

• CAP approach

  CAP return

  Valuation

  6%

  $5,788,578

  6.5%

  $5,343,302

  7%

  $4,961,638

• Comparable approach

  Method

  Valuation

  Relative Method

  $4,880,835

  Geo Method

  $4,880,835

• Alternative Use

  Use

  Valuation

  Residential

  $4,507,275

  Hospitality

  $4,128,640

  Educational

  $3,434,980

  Medical

  $3,553,114

  Retail

  $5,343,302

Location Insight

City

Youngstown

County

Mahoning

State

Ohio

Latitude

41.0501

Longitude

-80.6622

CBSA code

49660

CBSA name

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

Property Tax & Assessments

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