Listing ID: 44289

Business Overview

Prime Investment Opportunity! Under market rents in some units with little or no time remaining on leases creates an easy Value Add Opportunity with great Upside Potential. Nine units total. Pro Forma valuation at $11-$11.50/sq ft yields 8%+ Cap Rate; several units currently producing at that rate or better. Custom architecture. A complete remodel in 2003 created a gorgeous, one of a kind office building that screams class and elevates the tenants it supports. Its nine stunning units are fully occupied. The 40,000 square foot parking lot installed in 2003 is well maintained, as is the huge two-story matching outbuilding built in 2007 included on the 3.67 acre lot nestled in the wooded acreage across from Vienna’s Squaw Creek country club. If you are considering investing in office space in the Youngstown-Warren area, then you simply must see this property. It will not disappoint you.

Financial

Seller Financing Available

  • Asking Price: $2,500,000
  • Cash Flow: N/A
  • Gross Revenue: N/A
  • EBITDA: N/A
  • FF&E: N/A
  • Inventory: N/A
  • Inventory Included: No
  • Established: 1976

Detailed Information

  • Property Owned or Leased:Own
  • Property Included:Yes
  • Building Square Footage:N/A
  • Lot Size:3Acres
  • Total Number of Employees:N/A
  • Furniture, Fixtures and Equipment:N/A