506 N Main ST, Niles, OH 44446
506 N Main ST, Niles, OH 44446
506 N Main ST, Niles, OH 44446
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$199,000
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8,842 Sqft Lot
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506 N Main ST Niles, OH 44446

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Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Sale

MLS Listing ID 5241084

HOA Y/N No

Year Built 1900

Annual Tax Amount $1,709

Tax Year 2025

Lot Size 8,842 Sqft

Acres 0.203

Property Sub-Type Retail

Property Description

Prime Niles Investment Opportunity with Rental Income
Amazing business and investment opportunity in a great Niles location with plenty of street traffic and excellent visibility!
This established property was home to a well-known barber shop for many years and holds a special place in the community. The property offers multiple income-producing opportunities, making it an excellent option for an owner-operator or investor.
Established commercial space formerly used as a barber shop
Additional rental space generating $600/month
Second-floor 2-bedroom apartment with full bath generating $300/month
Separate utilities for all units
Three furnaces, including one located in the attic serving the apartment
Two hot water tanks, with one serving the rental space and apartment
Great Niles location with high street visibility and traffic
With a combination of commercial space and existing rental income, this property offers flexibility and strong potential for an investor looking to build income through real estate.
Don't miss this unique investment opportunity! Call today for more information or to schedule a showing.

Location

State OH

County Trumbull

Rooms

Basement Full, Unfinished, Walk-Out Access

Interior

Heating Forced Air, Gas

Cooling Ceiling Fan(s), Window Unit(s), Wall Unit(s)

Fireplace No

Exterior

Parking Features Additional Parking, Asphalt

Water Access Desc Public

Roof Type Asphalt,Fiberglass

Present Use Commercial,Retail

Total Parking Spaces 17

Building

Foundation Basement, Block

Sewer Public Sewer

Water Public

Schools

School District Niles Csd - 7818

Others

Tax ID 25-310605

Special Listing Condition Estate


VOW - Northern Ohio Regional MLS (YES-MLS) /MLS Now
Listed by Theresa Liguori-Thompson • Howard Hanna • T106T@aol.com, 330-727-1691
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Lindsey Rose

Lindsey Rose

Realtor® | CEO | Team Lead License ID: 2017001928

+1(330) 591-0823

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506 N Main ST