OH
Mahoning
Mineral Ridge
44440
1360 N Main Street
1360 N Main Street, Mineral Ridge, OH 44440
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Listing Type
Commercial/Industrial
Listing Status
Active
29
$339,000

Home Details for 1360 N Main Street

Price
$339,000
Type
Commercial Sale
Bedrooms
0
Bathrooms
Square feet
NaN
Year built
1983
Lot size acres
0.843
County
Mahoning
Garage
Days on site
69
MLS Listing#
5160455
Property Description

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.

Property Features
  • Heating Information
    • Natural Gas
    • Forced Air
  • Cooling Information
    • Central Air
  • Water Features
    • Public
  • Parking
    • Parking Lot
Listing Courtesy: CENTURY 21 Lakeside Realty - 234-806-0004
The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information provided courtesy of the Northern Ohio Regional Multiple Listing Service.
Last Updated: 2025-11-20 17:00:56
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EXIT RIVERBEND REALTY
220 Main St, Belpre, OH 45714
Jim Richards
CA BRE: #: WVS180300267
License #: sal.2019007897
Sales Representative
Office
740 860 3555
Agent
304 210 7379
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