130-138-140-148 Penn Avenue, Salem, OH 44460

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THB ฿18,639,500
USD $550,000
Published on: 09 Dec 2024
Last updated on: 09 Dec 2024
130-138-140-148 Penn Avenue, Salem, OH 44460
130-138-140-148 Penn Avenue, Salem, OH 44460
130-138-140-148 Penn Avenue, Salem, OH 44460
+37
130-138-140-148 Penn Avenue, Salem, OH 44460
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Property ID: 110096190767
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Commercial - Salem, OH

130-138-140-148 Penn Avenue, Salem, OH 44460
Amazing Historic Downtown Salem Opportunity! Step into history with this beautifully renovated circa 1890 building in the heart of Salem, Ohio. This property offers almost 10,000 sq ft, over 5,000 sq ft of ground-level space, presenting unparalleled potential for a wide variety of uses. With multiple entrances, you can utilize it as one expansive area or divide it into distinct spaces. First-Floor Features: Open Space, A 33' bar fully equipped with hook-ups for coolers, machines, sinks, and more. A performance stage ideal for live entertainment. A blank canvas for a kitchen, including a walk-in cooler space. ADA accessible, w/large storefront windows and ample public parking. Previously home to businesses like a Pet Store and Spanky's Winery, the property even carries local lore of having served as an old courthuse. Second-Floor Potential: Nearly 5,000 sq ft w/private entrance. A space once used for painting carriages and automobiles, they used a historical ramp for vehicle access which is now a staircase. Rumors of roller skating, a dentist's office, engineering firms, and other small businesses and perfect for offices, retail, storage, or conversion into residential apartments for additional income today. Recent Updates: Steel roof (installed in 2014, and 2023). Twin furnace and AC units (2014). Hand-painted Charles Burchfield tribute mural (2017). New windows in half of 2nd floor(2023). Upgraded backflow valve & LED lighting throughout. Salem, Ohio, is the largest city in Columbiana County, with a 2023 population estimate of 11,825. Centrally located in Northeast Ohio, Salem is less than an hour's drive from Youngstown, Canton, and Akron. Known for its rich history in manufacturing and thriving downtown scene, Salem is an ideal hub for investment opportunities. Don't miss the chance to own a piece of Salem's history with endless possibilities for commercial, retail, or mixed-use development! #SalemOhio #InvestmentOpportunity #PennStreetSalemOH

Property Details

Basic Info

Property Type
Other
Listing Status
Active
Land Size
485.62 m2
Year Built
1890
Architecture Style
Other
Parcel ID
5100702000
Provider
My State MLS
Subdivision
Kidds
Brokerage Office Name
Howard Hanna
Brokerage Office Phone
330-702-8400
Address
130-138-140-148 Penn Avenue, Salem, OH 44460

Tax History

YearTax amount
2023USD $4283THB ฿145,151*

*Converted price in your currency provided by Open Exchange Rates. Exchange rates are subject to continuous change. Neither thinkofliving.com nor its affiliates guarantee that the conversion reflects current conversion rates and are not responsible for any inaccuracies. thinkofliving.com recommends that you independently verify any information before relying on it.

Contact Agent
Cindy Lautzenheiser
Howard Hanna
4374 Boardman Canfield Road, Canfield, OH 44406
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Cindy Lautzenheiser
4374 Boardman Canfield Road, Canfield, OH 44406
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      Property ID: 110096190767

      Data provided by My State MLS, MLS #: 11390963
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