9650 Center StWindham, OH 44288

  • Retail properties
  • 3,240 SF
For Sale
$199,000 View listing

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
9650 Center St, Windham, Ohio

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

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$4,931
$19,780
$58,210
$77,990
-
$56,500
$166,300
$222,800

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