Retail at 231 Main Avenue SW, Warren
Retail at 231 Main Avenue SW, Warren, photo 2 of 12
Retail at 231 Main Avenue SW, Warren, photo 3 of 12
Retail at 231 Main Avenue SW, Warren, photo 4 of 12
Retail at 231 Main Avenue SW, Warren, photo 5 of 12
Retail at 231 Main Avenue SW, Warren, photo 6 of 12
Main Ave - 231 Main Avenue SW, Warren
Retail at 231 Main Avenue SW, Warren, photo 8 of 12
US422 - 231 Main Avenue SW, Warren
Retail at 231 Main Avenue SW, Warren, photo 10 of 12
Retail at 231 Main Avenue SW, Warren, photo 11 of 12
Nearby parking deck - 231 Main Avenue SW, Warren
12 photos

$1,500,000

231 Main Avenue SW
Warren, OH 44481
Listed by Jason J Altobelli · Altobelli Real Estate
Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
1968

About this home

Excellent investment opportunity in a well-established retail plaza featuring six fully leased units, providing immediate rental income. Offering 16,026 square feet of building space plus a full basement, this well-maintained and extensively updated property features renovated interiors throughout, including new ceilings, electrical and plumbing. The roof is less than three years old, adding further value and peace of mind. Situated in a high-traffic area with excellent visibility, the property is located just one block south of Courthouse Square, surrounded by restaurants, retail shops, businesses and professional offices that contribute to a vibrant daytime and evening atmosphere. Multiple points of ingress and egress provide convenient access, while ample on-site parking accommodates more than 50 vehicles, with additional street and parking deck options nearby. A rare opportunity to acquire an established commercial property in a dynamic business district.

Property details

MLS
NOWDD
MLS #
5254370
Property type
Retail
Subdivision
Parcelization Map 3-C
Status
Active
Days on market
1
On market date
October 19, 2026
Stories
N/A
Total bathrooms
N/A
Garage spaces
N/A
Parking spaces
N/A
Lot size
1.0571 acres
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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.

ElementaryCharter
STEAM Academy of Warren
0.48 mi away · Grades 0-8
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
288
Student:teacher ratio
13.7:1
District
STEAM Academy of Warren
Middle
LaBrae Middle School
3.24 mi away · Grades 6-8
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
252
Student:teacher ratio
13.3:1
District
LaBrae Local
HighCharter
River Gate High School
0.35 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
1.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
144
Student:teacher ratio
48.0:1
District
River Gate High School

Walkability

Blended score for Warren's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

78
Walkable
out of 100
EPA National Walkability Index
12.7 / 20 -- Above average walkable
Google Places amenity density
100 / 100
Restaurants & cafes20
Grocery stores4
Parks12
Schools10
Transit stops18
Pharmacies6

Market position

How this listing compares to current activity in Warren, from live MLS data.

On the market 1 days -- 94 fewer days than Warren's current average of 95 days.
For reference, the median list price across 287 active listings in Warren right now is $139,900.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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Adjust tax / insurance estimates
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Est. monthly payment
$9,183/mo
$300,000 down
$1,200,000 loan
Principal & interest$7,783
Property tax (est.)$1,250
Home insurance (est.)$150

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Data source: Listing information provided by NOWDD via Trestle/CoreLogic. Last updated 1 days ago.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.