Flex Space Condo

Highlights

• • Prime Boardman/Youngstown industrial location with immediate access to I-680 and major logistics corridors, surrounded by thriving businesses and strong industrial demand.
• • Flexible 7,200 SF industrial condominium with a customizable layout, 10’ drive-in door, multiple access points, abundant parking, and efficient mechanical systems.
• • Exceptionally well-maintained property with zero major repairs needed in the last three years; ideal for service companies, distributors, trades, or office/warehouse users seeking a low-capex facility.
• • Comprehensive Condominium Association covering snow removal, landscaping, trash, parking lot upkeep, and all exterior building maintenance—including roof, windows, siding, and doors—providing predictable operating costs and minimal ownership responsibilities.

Description

This versatile 7,200 SF industrial condominium offers a rare blend of functional space, low-maintenance ownership, and exceptional flexibility for a wide range of business uses. Located within a well-managed and highly regarded industrial condo development, this property has been meticulously maintained and offers an ideal environment for service companies, distributors, trades, light industrial users, or any business seeking an efficient headquarters with minimal operational overhead.

The space is currently occupied by H&M Distribution, who have operated here successfully for the past three years and are relocating to a different city. During their ownership, the property required no major repairs—highlighting the building’s solid condition and the strength of the HOA’s preventative maintenance program. The only upgrade completed during their tenure was the installation of a tankless water heater, adding efficiency and convenience for the next occupant.

Inside, the building layout is extremely customizable, featuring two front offices and wide-open storage/warehouse space that can be easily adapted to fit more office build-out, production areas, showroom concepts, or specialized industrial use. The building’s simple structural design makes renovation cost-effective, and the clear, rectangular floor plan allows new users to design the space with maximum efficiency.

The property includes two front entrances and two rear entrances, as well as a 10-foot-wide drive-in bay, allowing excellent circulation for vehicles, equipment, and deliveries. Parking is abundant throughout the shared compound, providing effortless access for employees, customers, and service vehicles.

Supporting the building’s comfort and operability are three HVAC systems (three furnaces and three exterior A/C condensers) and an attic space for additional storage or mechanical access. The building has no basement, reducing maintenance concerns and improving usability for industrial or commercial applications.

Condominium Association Benefits

A key advantage of this property is its comprehensive Condominium Association structure, which provides predictable operating costs and minimizes ownership responsibilities. The monthly fee of $576 covers an exceptional range of exterior and site-related services, including:

Snow removal

Landscaping and full grounds maintenance

Trash service

Parking lot upkeep and repairs

All exterior building maintenance, including roof, siding, windows, and doors

Owners are responsible only for interior maintenance and utilities (with trash already included). This greatly reduces unexpected expenses, ensures uniform property standards across the development, and provides a clean, well-maintained environment for all occupants.

The Condominium Association is known for being responsive, proactive, and committed to maintaining the complex at a high standard—protecting long-term value and offering peace of mind to both owners and tenants.

Located just off Western Reserve Road and McClurg Road, 493 Bev Road sits in one of Boardman/Youngstown’s most established and stable light-industrial corridors. The property enjoys immediate access to I-680, with convenient connections to I-76, the Ohio and Pennsylvania Turnpikes, and major commercial arteries supporting both regional logistics and local business operations. This location places a business within reach of 2.8 million people in a 50-mile radius and more than 31 million people within 250 miles—a major advantage for operators who serve both local and multi-state customers. The surrounding Boardman/Mahoning County industrial submarket is extremely healthy, with only a 3.0% vacancy rate and average rents trending upward at 5.1% average annual growth over the last five years. Flex and light-industrial spaces in this region rent at some of the highest rates in the submarket, averaging $9.20/SF for flex and $6.00/SF overall, demonstrating strong competitive demand. Youngstown’s broader industrial market also maintains a tight 4.8% vacancy rate, supported by nearly 74 million SF of active industrial inventory and continued economic investment, including major logistics, manufacturing, and aerospace initiatives. This depth of infrastructure provides stability for both small businesses and investors seeking long-term positioning in a resilient market.