200 Main StHudson, OH 44236

Property Details for 200 Main St

Year built

1914

Construction

FRAME

Lot size

0.09 AC

Property size (Sq ft)

4,704 SF

Property type

Turn key restaurants

APN

32-01448

APU

3201448

Description

This exceptional turnkey restaurant opportunity is located at 200 N Main St in the vibrant city of Hudson, Ohio. The property boasts a substantial 4,704 square feet of space, ideally suited for a variety of culinary concepts. Priced at $1,000,000, this represents an attractive price per square foot of $212.59. Situated on a 0.085-acre lot, the property offers ample space for both indoor and potentially outdoor seating or expansion. The building's previous use as a restaurant provides a significant advantage, with existing infrastructure likely in place to streamline the transition for a new operator. The address, 200 N Main St, places the business in a high-traffic area of Hudson, OH, within Summit County, and zip code 44236. This location offers excellent visibility and accessibility for customers. The property is classified as retail, specifically a restaurant, making it an ideal investment for experienced restaurateurs or those looking to enter the thriving Hudson food scene. The property is ready for immediate occupancy, presenting a unique chance to acquire a well-positioned restaurant space in a desirable Ohio market. Serious inquiries are encouraged to explore this exciting opportunity further.

• CAP approach

  CAP return

  Valuation

  6%

  $1,051,040

  6.5%

  $970,188

  7%

  $900,889

• Comparable approach

  Method

  Valuation

  Relative Method

  $457,613

  Geo Method

  $457,613

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $1,922,480

  Mixed-Use / Specialty

  $954,397

  Hospitality / Lodging

  $684,154

  Office

  $935,882

  Institutional / Educational

  $987,781

  Residential Income

  $1,155,700

  Multifamily

  $1,454,460

  Automotive / Energy

  $846,669

  Parking / Income-Based Land

  $304,360

  Restaurant / Food Service

  $470,070

  Healthcare / Senior Housing

  $991,363

Location Insight

City

Hudson

County

Summit

State

Ohio

Latitude

41.2427

Longitude

-81.4407

CBSA code

10420

CBSA name

AKRON, OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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