830 State RdWarren, OH 44483

  • Retail properties
  • 2,349 SF
For Sale
$99,000 View listing

Property Details for 830 State Rd

Year built
1973
Construction
BRICK
Lot size
0.26 AC
Property size (Sq ft)
2,349 SF
Property type
Retail properties
Property subtype
Turn key restaurants
APN
46-376826
APU
46376826

Description

This exceptional restaurant opportunity is located at 830 State Rd NW in Champion, Ohio, within Trumbull County, zip code 44483. The property boasts a prime corner lot situated at a traffic light, ensuring high visibility and ample parking for patrons. The building itself offers 2,349 square feet of space, built in 1974, and sits on a 0.69-acre lot. This turnkey operation includes all existing restaurant equipment, making it an ideal entry point for aspiring restaurateurs or an expansion opportunity for established businesses. The building is handicap accessible, catering to a wider range of customers. The asking price for this well-positioned restaurant is $99,000, presenting a compelling investment opportunity in a thriving community. Its convenient location and existing infrastructure offer immediate potential for success. The property's high visibility and ample parking make it an attractive option for a variety of restaurant concepts. This is a rare chance to acquire a fully equipped restaurant in a desirable location at an attractive price point. The property's size and features make it suitable for a range of culinary ventures. Don't miss this chance to own a piece of Warren's vibrant culinary scene.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $656,687
    6.5%
    $606,173
    7%
    $562,875
  • Comparable approach

    Method
    Valuation
    Relative Method
    $553,708
    Geo Method
    $553,708
  • Alternative Use

    Use
    Valuation
    Residential
    $511,330
    Hospitality
    $468,375
    Educational
    $389,683
    Medical
    $403,084
    Retail
    $606,173
830 State Rd, Warren, Ohio

Location Insight

City
Warren
County
Trumbull
State
Ohio
Latitude
41.2904
Longitude
-80.8638
CBSA code
49660
CBSA name
YOUNGSTOWN-WARREN-BOARDMAN, OH-PA 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
$3,121
$11,900
$35,980
$47,880
-
$34,000
$102,800
$136,800

FAQs

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