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$600,000 Just Listed
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Property Description
Seize the turn-key potential of this established Youngstown business! Recently closed but available for near-instant reinstatement, this building puts you in the heart of downtown's bustling restaurant district. With construction now finalized, this scenic local sits in the hottest corridor, Phelps Street. With foot traffic only and the opportunity to take advantage of large crowds and gatherings, the two-story structure keeps you front and center. Formerly "Gringos", a Mexican cantina and taco bar; the first-floor atmosphere is visually engaging, full of sleek updates and desirable features such as full-length bar, touch tunes jukebox, a full draft and craft drink expo area, fountain soft drinks and more! Two separate dining areas include colorfully appointed restrooms and great streetside views. A professionally equipped kitchen provides a large flattop, dual fry stations and industrial range. Multiple cold prep stations offset twin refrigerator units as the dishwashing apparatus completes the ensemble. At the basement level, an oversized walk-in cooler joins both an ice machine and c02 systems for the drinks. The second floor finds office space with a full bath, lounge area and impressive storage or potential apartment space. Bar comes with a D-5 liquor license. Call today for more information!
Full Property Details
Full Property Details for 24 N Phelps St
General
- Price: $600,000
- Taxes: $2,303 (2025)
- Status: Active
- Type: Commercial Service
- Source: 505
- MLS ID: 5193609
- Updated: Today (3/16/2026)
- Added to Site: Today
Business
- Business Type: Bar/Tavern/Lounge
Location
- County: Mahoning
- Township: Youngstown
- Subdivision: City/Youngstown
- Driving Directions: Commerce to Phelps St.
School Information
- Elem School District: Youngstown CSD - 5014
- Midd School District: Youngstown CSD - 5014
- High School District: Youngstown CSD - 5014
Heating & Cooling
- Heating Type: Forced Air
Structural Information
- Year Built: 1910
- Year Built Source: Assessor
Lot Features
- Lot Size (Acres): 0.035
- Lot Size: .035
- Lot Size Source: Assessor
Financial Considerations
- Tax Amount: $2,303
- Tax Year: 2025
Disclosures and Reports
- Special Conditions: Standard
- Legal Description: LOT 5047 18 X 85 N PHELPS
- Property ID: 53-002-A-124.00-0
Listed by Brokers Realty Group, Daniel J Alvarez
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Schools
Schools serving 24 N Phelps St
School District:Youngstown City School District
| Name | Grades | Distance |
|---|---|---|
Harding Elementary School 1903 Cordova Avenue, Youngstown, OH 44504 | PK-5 | 1.9 mi |
East Middle School 940 Bryn Mawr Avenue, Youngstown, OH 44505 | 6-8 | 3.1 mi |
East High School, Youngstown, OH 474 Bennington Avenue, Youngstown, OH 44505 | 9-12 | 1.5 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 24 N Phelps St
Date
Details
Price
Change
Source
3/16/2026
Listed
$600,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 24 N Phelps St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$2,303
—
$31,580
—
2023
$2,307
13%
$31,580
26%
2021
$2,038
—
$25,030
—
2022
$2,036
17%
$25,030
19%
2020
$1,736
—
$21,070
—
2019
$1,740
1%
$21,070
—
2018
$1,729
-2%
$21,070
—
2017
$1,757
15%
$21,070
12%
2016
$1,530
—
$18,790
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 24 N Phelps St
24 N Phelps Street, Youngstown, OH 44503 (MLS# 5193609) is a Commercial Service property. 24 N Phelps Street is currently listed for $600,000 and was received on March 16, 2026. Want to learn more about 24 N Phelps Street? Do you have questions about finding other Commercial Service real estate for sale in Youngstown? You can browse all Youngstown real estate or contact a Coldwell Banker agent to request more information.
