2229 State StSalem, OH 44460

For Sale
$3,000,000

High-traffic location, large building, lease options.

Overview

Added:
Feb 3
Days on market:
38
This exceptional commercial property at 2229 E State Street in Salem, Ohio, presents a unique investment opportunity. Boasting a substantial 15,072 square feet, the building sits on a generous 2.12-acre lot and offers significant frontage on three major streets: East State Street (128 feet), Southeast Boulevard (345 feet), and East Pershing Street (312 feet). The property's strategic location within a thriving commercial corridor places it in close proximity to a hospital office complex and various food service establishments, ensuring high visibility and foot traffic. A key feature is the inclusion of a drive-up window, adding convenience and appeal for potential tenants. The building's versatility is further enhanced by the seller's willingness to divide the space to meet individual tenant requirements. For investors seeking a long-term, stable income stream, a land lease is available, offering terms of $125,000 annually over a five-year period. This presents a compelling opportunity to acquire a substantial commercial property in a prime location with flexible lease options to suit a variety of business needs. The asking price for this property is $3,000,000.

Property Details for 2229 State St

Property type
Other commercial real estate
Square Feet
15,072 SF
Year Built
2007
Lot Size (sq. ft)
92,347 SF

Location Insight

City
Salem
County
Columbiana
State
Ohio
Latitude
40.90011
Longitude
-80.82938
2229 State St, Salem, Ohio

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2229 State St
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