7332 Southern Blvd
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7332 Southern Blvd
6,000 SF Vacant Retail Building Boardman, OH 44512 $499,900 ($83/SF)
Investment Highlights
- Excellent Location!
- Ample Parking!
- Potential to Rent out 9 Office Spaces!
Executive Summary
Commercial / Retail Building For Sale! Building includes up to 9 spaces available for lease! 4 Units on ground floor (2 Units Rented) Possible 5 Separate office spaces upstairs! View Virtual tour and submit your offer today!! Units 3 and 4 are currently on month to month rental. Contact Broker/Agent for questions or showings at: John Wyant 330-717-3244 or John@SteelValleyHomes.com
First Floor Unit #1 Measures Approximately 19 x 49 Ft - Features Half Bath, Forced Air Gas Heat, Electric Panel, Closet with water and drain First Floor Unit #2 Measures Approximately 19 x 49 Ft - Features Half Bath, Forced Air Gas Heat, Electric Panel,
First Floor Unit #3 Measures Approximately 19 x 49 Ft - Features Half Bath, Forced Air Gas Heat, Electric Panel,
First Floor Unit #4 Measures Approximately 19 x 49 Ft - Features Half Bath, Forced Air Gas Heat, Electric Panel,
Upstairs Unit/Rooms:
Room #5 Upstairs Measures Approximately 12 x 17 Ft - Features Full Bath, Forced Air Gas Heat
Room #6 Upstairs Measures Approximately 13 x 10 Ft - Bathrooms available in Main 2nd floor hallway.
Room #7 Upstairs Measures Approximately 14 x 10 Ft - Large Storage closet. Bathrooms available in Main 2nd floor hallway.
Room #8 Upstairs Measures Approximately 23 x 20 Ft - Features Additional 15 x 7 room. Bathrooms available in Main 2nd floor hallway. Room #9 Upstairs Measures Approximately 17 x 16 Ft - Previously a Computer Server Room. Bathrooms available in Main 2nd floor hallway.
First Floor Unit #1 Measures Approximately 19 x 49 Ft - Features Half Bath, Forced Air Gas Heat, Electric Panel, Closet with water and drain First Floor Unit #2 Measures Approximately 19 x 49 Ft - Features Half Bath, Forced Air Gas Heat, Electric Panel,
First Floor Unit #3 Measures Approximately 19 x 49 Ft - Features Half Bath, Forced Air Gas Heat, Electric Panel,
First Floor Unit #4 Measures Approximately 19 x 49 Ft - Features Half Bath, Forced Air Gas Heat, Electric Panel,
Upstairs Unit/Rooms:
Room #5 Upstairs Measures Approximately 12 x 17 Ft - Features Full Bath, Forced Air Gas Heat
Room #6 Upstairs Measures Approximately 13 x 10 Ft - Bathrooms available in Main 2nd floor hallway.
Room #7 Upstairs Measures Approximately 14 x 10 Ft - Large Storage closet. Bathrooms available in Main 2nd floor hallway.
Room #8 Upstairs Measures Approximately 23 x 20 Ft - Features Additional 15 x 7 room. Bathrooms available in Main 2nd floor hallway. Room #9 Upstairs Measures Approximately 17 x 16 Ft - Previously a Computer Server Room. Bathrooms available in Main 2nd floor hallway.
Financial Summary (Pro forma - 2022) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$20,400
|
$3.40
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$20,400
|
$3.40
|
| Taxes |
$9,860
|
$1.64
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$9,860
|
$1.64
|
| Net Operating Income |
-
|
-
|
Financial Summary (Pro forma - 2022)
| Gross Rental Income | |
|---|---|
| Annual | $20,400 |
| Annual Per SF | $3.40 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $20,400 |
| Annual Per SF | $3.40 |
| Taxes | |
|---|---|
| Annual | $9,860 |
| Annual Per SF | $1.64 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $9,860 |
| Annual Per SF | $1.64 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
6,000 SF
Building Class
C
Year Built
1988
Price
$499,900
Price Per SF
$83
Percent Leased
Vacant
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.32
Land Acres
0.43 AC
Zoning
Commercial
Parking
40 Spaces (5.02 Spaces per 1,000 SF Leased)
Frontage
92 FT on Southern Blvd
Amenities
- Signage
- Air Conditioning
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 29-031-0-115.00-0 | Total Assessment | $146,730 (2023) |
| Land Assessment | $31,430 (2023) | Annual Taxes | $9,860 ($1.64/SF) |
| Improvements Assessment | $115,300 (2023) | Tax Year | 2022 |
PROPERTY TAXES
Parcel Number
29-031-0-115.00-0
Land Assessment
$31,430 (2023)
Improvements Assessment
$115,300 (2023)
Total Assessment
$146,730 (2023)
Annual Taxes
$9,860 ($1.64/SF)
Tax Year
2022
-
John Wyant -
Steel Valley Homes
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7332 Southern Blvd
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