9650 Center StWindham, OH 44288
- Retail properties
- 3,240 SF
Property Details for 9650 Center St
- Year built
- 1999
- Lot size
- 1.57 AC
- Property size (Sq ft)
- 3,240 SF
- Property type
- Retail properties
- Property subtype
- Retail space
- APN
- 41-046-00-00-003-001
- APU
- 410460000003001
Description
This exceptional 2,303 square foot former Burger King building, situated on a 1.57-acre lot in Windham, Ohio, presents a remarkable opportunity for owner-users. The property boasts a prime location with 175 feet of frontage on E. Center St., offering excellent visibility and accessibility. The building, featuring two structures on one story, is zoned C-2 Commercial, allowing for a variety of uses. Recent improvements include a new storage outbuilding, roof recoating, a new rooftop HVAC unit, and fresh sealcoating and striping. The property also benefits from a substantial 600 AMP/208 power capacity, a large pylon monument sign, and ample space for potential expansion. The drive-thru design is particularly well-suited for food-related businesses or medical offices. Located in Portage County, the property is within a thriving community, with a strong demographic profile including an average household income of $60,710 within a 3-mile radius. The asking price is $199,000. The property's APN is 41-046-00-00-003-001. This is an ideal investment for entrepreneurs seeking a turnkey operation or a strategic location for business growth. The property's size and location make it an attractive option for a variety of commercial ventures.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $905,776
- 6.5%
- $836,101
- 7%
- $776,379
-
Comparable approach
- Method
- Valuation
- Relative Method
- $763,735
- Geo Method
- $763,735
-
Alternative Use
- Use
- Valuation
- Residential
- $705,282
- Hospitality
- $646,035
- Educational
- $537,493
- Medical
- $555,978
- Retail
- $836,101
Location Insight
- City
- Windham
- County
- Portage
- State
- Ohio
- Latitude
- 41.2346
- Longitude
- -81.0423
- CBSA code
- 10420
- CBSA name
- AKRON, OH METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
FAQs
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