7997 State StGarrettsville, OH 44231

Property Details for 7997 State St

Year built

1930

Construction

FRAME

Lot size

0.15 AC

Property size (Sq ft)

784 SF

Property type

Retail properties

Property subtype

Retail space

APN

19-015-00-00-075

APU

190150000075

Description

This attractive mixed-use building, located at 7997 State Street in Garrettsville, Ohio, presents a fantastic opportunity for a variety of businesses. Situated on a 0.15-acre lot, this property offers a spacious and adaptable floor plan ideal for diverse uses. Previously a hair salon, the building's zoning permits a wide range of possibilities, including but not limited to: dental offices, legal practices, insurance agencies, and retail establishments. The interior boasts gorgeous hardwood floors throughout a large, open layout. Convenient amenities include a sizable half bathroom, a small kitchenette or break room, and a dedicated entry room. Ample parking is available for both employees and clients, with a private entrance and parking area. A full, walk-out basement provides substantial storage space. The existing two workstations and two shampoo stations can remain if desired by the new owner

• CAP approach

  CAP return

  Valuation

  6%

  $219,175

  6.5%

  $202,316

  7%

  $187,865

• Comparable approach

  Method

  Valuation

  Relative Method

  $184,805

  Geo Method

  $184,805

• Alternative Use

  Use

  Valuation

  Residential

  $170,661

  Hospitality

  $156,324

  Educational

  $130,060

  Medical

  $134,533

  Retail

  $202,316

Location Insight

City

Garrettsville

County

Portage

State

Ohio

Latitude

41.2872

Longitude

-81.1017

CBSA code

10420

CBSA name

AKRON, OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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