1360 N Main StreetMineral Ridge, OH 44440

1360 N Main StreetMineral Ridge, OH 44440

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$200,000 Active
Commercial - Office MLS 5206441 New to the Market

Listed By

Agency Name: CENTURY 21 Lakeside Realty
Agency Contact: Dawn.Nicholas0101@gmail.com, 330-565-1085

Shown By

Agency Title: Cutler Real Estate
Agency Phone: 888-763-7575

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Property Description

**Investor Opportunity Medical Office Building** Exceptional opportunity to acquire a well-established medical office building with immediate income and a strong healthcare tenant in place. Located on a highly traveled commercial corridor with convenient access to a major highway, the property offers excellent visibility, accessibility, and proximity to numerous medical, retail, and commercial businesses. The building has been home to a successful physician practice for many years and is currently operated by a respected husband-and-wife physician team with longstanding ties to the community. The physicians will remain in practice at the location following the sale, providing continuity and stability for patients and operations. The current tenant is Mercy Health, a leading regional healthcare organization with an extensive network of hospitals, physician offices, specialty practices, and medical facilities. The purchaser will assume the existing lease with Mercy Health at closing, creating a seamless transition and immediate cash flow for the new owner. Investment highlights include: ? Established medical office location with a proven operating history ? Existing lease with Mercy Health ? Immediate rental income upon acquisition ? Physicians remaining in practice at the property ? Prime location on a major commercial roadway ? Easy access to a major highway interchange ? Surrounded by established commercial and medical development ? Stable healthcare-related tenancy ? Attractive opportunity for investors seeking a passive income-producing asset This offering combines a desirable location, an established medical practice, and a creditworthy healthcare tenant, making it an excellent opportunity for investors seeking a stable, long-term commercial real estate investment.

1360 N Main Street | MLS# 5206441

This commercial property located at 1360 N Main Street, Mineral Ridge, OH 44440 is currently listed for sale with an asking price of $200,000. N Main Street is located within the Weathersfield Local school district. Search Mineral Ridge real estate on 1300hyacinthdrivene.cutlerhomes.com today.

Property Features

Property Type: Commercial - Office
Cooling: Central Air
Heating: Forced Air, Gas
Lot Size: 0.84 Acres
Roof Type: Asphalt
Taxes: $4,652 / year
Year Built: 1983

Feature Descriptions

Building Features: Private Restrooms, Public Restrooms, Reception Area
Parcel#: 49-044-0-023.00-0
Parking: Parking Lot
Sewer: Public Sewer
Water: Public

Local Schools

School District: Weathersfield Local

Demographics

Mahoning County Demographic Information for 1360 N Main Street, Mineral Ridge, OH 44440
Fips
Fips Code 39099
Population
2020 to 2025 Change down 1.7%
2010 Count 238,823
2020 Count 228,614
2025 Estimate (V2025) 224,706
2020 Estimate (V2025) 228,612
Age Distribution (Years Old)
0 to 4 5.4%
5 to 17 20.1%
18 to 64 51.2%
65 and Older 23.3%
Gender
Male 49.1%
Female 50.9%
Place of Birth
Foreign 2.4%
US 97.6%
Education
High School Graduate, Age 25+ 91.9%
Bachelor's Degree or Higher, Age 25+ 27.0%
Computer and Internet use
Households with a computer 92.0%
Households with a broadband Internet subscription 87.3%
Language
English is Second Language, Age 5+ 6.1%
English is First Language, Age 5+ 93.9%
Veterans
Veterans 12,270
Income
Per Capita Income $34,566
Median Household Income $56,942
People in Poverty 19.3%
Commute
Average Work Commute Time 23 minutes
Housing
Total Housing Units 107,993
Households 98,065
Average Household Size 2.25
Owner-Occupied 70.3%
Multi-Family 18.1%
Owner-Occupied Median Value $154,700
Median selected monthly owner costs -with a mortgage $1,236
Median selected monthly owner costs -without a mortgage $500
Median gross rent $791
Building Permits
New Private Housing Issued 2024 147
Years at Residence
1 Year or More 90.0%
Less Than 1 Year 10.0%
Business and Employment
Private non-farm Establishments 5,391
Private non-farm Employment 83,444
Private non-farm Employment Growth down 0.4%
Nonemployer Establishments 17,551
Number of Firms 4,200
Business Production
Value of Shipments $2,140,605,000
Wholesale Trade $1,927,492,000
Retail Trade $3,772,503,000
Retail Sales Per Capita $13,202
Accommodation and Food Services $450,590,000
Land
Land Area 411.62 sq. miles
Population Per Square Mile 581

Source: US Census Bureau