Steubenville, Ohio Commercial Real Estate 1 Listing

Steubenville, Ohio: A Premier Destination for Commercial Real Estate

Introduction

Steubenville, Ohio, a city rich in history and positioned strategically along the Ohio River, presents a compelling case for commercial real estate investors. As a city with a population of approximately 18,000, Steubenville's economy is primarily driven by healthcare, education, and manufacturing industries. Its unique positioning as a gateway between the Midwest and the Eastern United States enhances its appeal for commercial real estate (CRE) development, with sectors such as industrial, retail, and office space seeing consistent demand.

Economic and Industry Overview

Steubenville's economy is bolstered by key industries such as healthcare, education, manufacturing, and energy. The presence of major healthcare facilities and educational institutions like Franciscan University creates a sustained demand for office and retail spaces. Manufacturing remains a cornerstone of the local economy, driving the need for industrial properties. Regional economic development initiatives, spearheaded by Progress Alliance, focus on attracting and retaining businesses, further stimulating CRE demand.

Strategic Location and Transportation Infrastructure

Steubenville benefits from robust transportation infrastructure, with major highways like U.S. Route 22 and Ohio Route 7 providing excellent connectivity. The city's proximity to the Ohio River offers strategic logistical advantages for distribution and manufacturing. Nearby airports, including the Pittsburgh International Airport, enhance accessibility. The city's transportation infrastructure supports businesses by providing efficient access to labor pools and key markets. For more details, visit the Ohio Department of Transportation.

Commercial Real Estate Inventory & Zoning

Steubenville's commercial real estate landscape features several submarkets, including the Central Business District (CBD) and industrial corridors along the river. Key asset classes include industrial, retail, office, and medical spaces. Recent zoning updates have introduced incentives for developers, promoting mixed-use and innovation district developments. Access the city's zoning maps and parcel viewers through the City of Steubenville's GIS Portal.

Major Employers and Institutions

Steubenville hosts several major employers and institutions that significantly influence CRE demand. Top employers include Trinity Health System, Franciscan University, and local government centers. These institutions not only provide jobs but also drive the need for office, retail, and residential spaces. For a comprehensive list of employers, visit the Steubenville Economic Development.

Notable Commercial Developments & Projects

The city is witnessing several large-scale commercial developments, including mixed-use projects and innovation parks. Public-private partnerships and Opportunity Zones in Steubenville offer attractive investment avenues for developers. For detailed information on ongoing projects, refer to the Steubenville Planning Department.

Building Permits, Planning, and Development Tools

For developers and investors, Steubenville provides several resources to facilitate building and development. Access to the city's building and safety department, permitting portals, and GIS tools are available through the following links:

Market Data & Economic Reports

Public data sets, such as those from Census.gov, and city-specific economic reports provide valuable insights into Steubenville's CRE market. Brevitas leverages AI-powered aggregation from public data and internal insights to offer users comprehensive market data and analytics. Explore Brevitas-powered dashboards for Steubenville by visiting Brevitas.

Why Use Brevitas for Steubenville, Ohio CRE?

Brevitas offers a suite of AI-driven tools for CRE discovery in Steubenville. With real-time market alerts, smart property pages, and dealroom collaboration, Brevitas enhances your investment strategy. Unique features include: