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Downtown Warren Office with Apartments 1451 E Market St 4,700 SF Office Building Warren, OH 44483 $239,900 ($51.04/SF)



Investment Highlights
- Great Visibility
- Mixed use: offices and apartments.
- Multi-tenant Property
Executive Summary
1451 East Market Street in Warren, Ohio is a versatile three-story mixed-use property offering approximately 4,700 square feet of space on a 0.66-acre lot. The ground floor is configured as a former medical office, featuring a reception area, staff office, four exam rooms, a treatment room, a private office, a kitchenette, and three restrooms. The second floor contains two well-appointed residential apartments, each with a living room, kitchen, bedroom, and full bathroom, and each with its own private entrance—making the property ideal for generating rental income or accommodating live-work arrangements. The third floor, previously used for records storage, includes a half bath and presents potential for additional functional space depending on future needs and zoning approvals. Located directly across from the old Trumbull Memorial Hospital, the property is well-positioned for medical or professional use, while the ample on-site parking—approximately 25 spaces—supports both commercial and residential activities. Its Residential B zoning and mixed-use layout provide flexibility for investors, owner-users, or those interested in adaptive reuse opportunities. This property includes 2 parcels. There is also the vacant city lot available for development on north side of parking lot. Strong rent roll.
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Medical
Building Size
4,700 SF
Building Class
C
Year Built
1898
Price
$239,900
Price Per SF
$51.04
Tenancy
Single
Building Height
3 Stories
Typical Floor Size
1,567 SF
Building FAR
0.16
Lot Size
0.66 AC
Zoning
Residential B
Parking
25 Spaces (5.32 Spaces per 1,000 SF Leased)
Amenities
- Signage
- Kitchen
- Storage Space
- Balcony
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Property Taxes
| Parcel Numbers | Improvements Assessment | $21,700 | |
| Land Assessment | $25,840 | Total Assessment | $47,540 |
Property Taxes
Parcel Numbers
Land Assessment
$25,840
Improvements Assessment
$21,700
Total Assessment
$47,540
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Downtown Warren Office with Apartments | 1451 E Market St
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