830 State RdWarren, OH 44483

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

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.

• CAP approach

  CAP return

  Valuation

  6%

  $524,848

  6.5%

  $484,475

  7%

  $449,870

• Comparable approach

  Method

  Valuation

  Relative Method

  $228,514

  Geo Method

  $228,514

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $960,014

  Mixed-Use / Specialty

  $476,590

  Hospitality / Lodging

  $341,641

  Office

  $467,344

  Institutional / Educational

  $493,260

  Residential Income

  $577,115

  Multifamily

  $726,301

  Automotive / Energy

  $422,795

  Parking / Income-Based Land

  $151,986

  Restaurant / Food Service

  $234,735

  Healthcare / Senior Housing

  $495,049

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

FAQs

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