SitemapThe Mahoning County Land Bank and Youngstown Neighborhood Development Corp. are working together to sell a newly-renovated West Side commercial building that had sat vacant for more than a decade.
The recent listing of the 2,240-square-foot structure at 984 Bears Den Road for sale marks another milestone in the partnership of the two agencies to restore and revive vacant, abandoned properties.
“This is a major step in our partnership with YNDC,” said Debora Flora, Land Bank executive director. “The process is much like our work with residential properties — we’re taking a non-marketable and abandoned property, finding out what we need to do to bring it back to life and restoring it as a marketable property with a clean title — but in this case, we’re helping to bring employment, too.
"And we so badly need that here so that excites me all the more.”
The Land Bank acquired the building after it was foreclosed on for non-payment of real estate taxes.
YNDC acquired the building earlier this year from the Land Bank and recently completed renovations, including the installation of a new roof, two new furnaces and a staircase leading to an upper storage loft. It also restored utilities, overhead doors, electrical work and more.
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