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Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
1983
Sq.Footage
N/A
EXCELLENT INVESTMENT OPPORTUNITY. This building pays for itself with a lease from Mercy Health. The listing is for the BUILDING only not the business. The property sits back off Niles-Cortland Rd. (shown as Main St. on auditor's site) bordering Mineral Ridge and Austintown. The clinic features a three-sided brick building with a wood back left intentionally for future expansion of building and parking. Updates include roof (5 years), sidewalk repair, HWT 2019, HVAC 1 of the 2 units has been updated, 3/4 of parking lot resurfaced. Building contains 6 exam rooms, 3 restrooms, lobby and reception area, staff office space, doctor's private office, lab areas and kitchen. Current lease with Mercy transfers to new landlord. Mo. income is $13.52/sq ft (2400) through April 2026. May 2027 increases to $13.79/sq ft. (2400). Renew options increase per year. Contract information provided from Mercy's leasing agent and per contract. Expenses include water, electric, gas, internet and maintenance. Lease increases by 2% per year based on anniversary date of the intial contract. Lease has been in place since April 2019.
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Basement YN
NO
-
Cooling YN
YES
-
Cooling
Central Air
-
Heating YN
YES
-
Heating
Natural Gas, Forced Air
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Parking
Parking Lot
-
Pool
No
Area & Lot
-
Lot Size(acres)
0.843
-
Property Type
Commercial Sale
-
Property Sub Type
Office
Price
-
Sales Price
$250,000
-
Tax Amount
$4,460
-
Zoning
Commercial
-
Sq. Footage
N/A
-
Price/SqFt
N/A
HOA
-
Association
No
School District
-
Elementary School
Weathersfield LSD - 7821
-
Middle School
N/A
-
High School
N/A
Property Features
-
Sewer
Public Sewer
-
Water Source
Public
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Location
County
Mahoning
Elementary School
Weathersfield LSD - 7821
Middle School
High School
Listing Courtesy of Dawn R Nicholas , CENTURY 21 Lakeside Realty
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Team Lead / Realtor®
Tyson Hartzler
Call Tyson today to schedule a private showing.
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