120 15Th StSebring, OH 44672

Property Details for 120 15Th St

Year built

1922

Lot size

0.06 AC

Property size (Sq ft)

3,500 SF

Property type

Retail properties

Property subtype

Retail space

APN

21-003-0-022.00-0

APU

210030022000

Description

This exceptional 1,459-square-foot commercial space at 120 N 15th St, #F1#1, Sebring, OH 44672, presents a fantastic opportunity for businesses seeking a well-appointed office environment. Located on a 0.057-acre lot, this single-tenant property boasts a versatile layout ideal for various professional uses. Built in 1922, the building offers character and charm, complemented by modern functionality. The space includes a potential waiting area, a large open area perfect for collaborative work or client meetings, attractive window displays for showcasing products or services, a convenient bathroom, and a separate back room suitable for use as a kitchen or private office. The property features a 2-year gross lease, offering significant convenience with all utilities (trash, gas, water, and electric) included. Lease terms require a first month's rent, a security deposit equal to the first month's rent, an administrative fee, and a sign fee. The property's APN is 21-003-0-022.00-0. This is a rare opportunity to secure a well-situated, fully-equipped office space in a desirable location. Don't miss out on this chance to establish your business in this attractive and functional property.

• CAP approach

  CAP return

  Valuation

  6%

  $978,461

  6.5%

  $903,195

  7%

  $838,681

• Comparable approach

  Method

  Valuation

  Relative Method

  $825,023

  Geo Method

  $825,023

• Alternative Use

  Use

  Valuation

  Residential

  $761,879

  Hospitality

  $697,877

  Educational

  $580,625

  Medical

  $600,594

  Retail

  $903,195

Location Insight

City

Sebring

County

Mahoning

State

Ohio

Latitude

40.9215

Longitude

-81.0187

CBSA code

49660

CBSA name

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

Property Tax & Assessments

FAQs

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