25 Madison StLeetonia, OH 44431

Property Details for 25 Madison St

Year built

1960

Lot size

0.38 AC

Property size (Sq ft)

2,712 SF

Property type

Turn key restaurants

APN

58-00055-000

APU

5800055000

Description

This exceptional commercial property, located at 25 Madison Street in Leetonia, Ohio, presents a unique investment opportunity. The 2700 square foot building sits on a 0.38-acre lot and is offered at $175,000. The property boasts a spacious interior, ideal for a variety of culinary concepts. The layout includes an oversized dining area, a 16-seat bar, and two well-appointed restrooms. The fully equipped commercial kitchen is a chef's dream, featuring top-of-the-line appliances and a walk-in deep freezer for efficient food storage. Beyond the interior, a large patio provides ample outdoor seating, perfect for al fresco dining. Additional storage space is available outside the building, offering further convenience and flexibility. This versatile space is ready for immediate occupancy and presents endless possibilities for a new owner. Its prime location in the heart of Leetonia offers excellent visibility and access to a thriving community. This is a rare chance to acquire a turnkey restaurant in a desirable location, ready for a new culinary vision to flourish. The property's features and location make it an attractive investment for entrepreneurs seeking to establish or expand their business in the Leetonia area.

• CAP approach

  CAP return

  Valuation

  6%

  $758,168

  6.5%

  $699,847

  7%

  $649,858

• Comparable approach

  Method

  Valuation

  Relative Method

  $639,275

  Geo Method

  $639,275

• Alternative Use

  Use

  Valuation

  Residential

  $590,347

  Hospitality

  $540,755

  Educational

  $449,902

  Medical

  $465,375

  Retail

  $699,847

Location Insight

City

Leetonia

County

Columbiana

State

Ohio

Latitude

40.8759

Longitude

-80.7559

CBSA code

41400

CBSA name

SALEM, OH MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].