2216 Youngstown RdWarren, OH 44484

Property Details for 2216 Youngstown Rd

Lot size

0.13 AC

Property type

Retail properties

Property subtype

Retail space

APN

38-330750

APU

38330750

Description

This exceptional opportunity presents the chance to acquire the Warren Baking Company, a beloved Warren institution since 1923. The sale includes the entire business, its established reputation, recipes, and all associated equipment. The property encompasses a 1,860 square foot building situated on a 0.45-acre lot, featuring two parcels with frontage on Youngstown Road and two additional parcels. The building itself comprises a front retail area offering a variety of baked goods, including pizza slices, danishes, cookies, cakes, and breads. The rear of the building houses the baking operation, equipped with a custom brick hearth-style gas oven capable of baking 200 loaves simultaneously. All necessary equipment is included in the sale, ensuring a seamless transition for the new owner. This inventory includes coolers, racks, sinks, and two delivery trucks, ready for immediate use. This turnkey operation offers a unique chance to step into a well-established business with a loyal customer base and a rich history. The sale price of $250,000 includes the building, land, equipment, and the established business, presenting a compelling investment opportunity. Further details are available upon request.

• CAP approach

  CAP return

  Valuation

  6%

  $1,583,150

  6.5%

  $1,461,370

  7%

  $1,356,986

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,334,887

  Geo Method

  $1,334,887

• Alternative Use

  Use

  Valuation

  Residential

  $1,232,720

  Hospitality

  $1,129,165

  Educational

  $939,452

  Medical

  $971,761

  Retail

  $1,461,370

Location Insight

City

Warren

County

Trumbull

State

Ohio

Latitude

41.2255

Longitude

-80.7915

CBSA code

49660

CBSA name

YOUNGSTOWN-WARREN-BOARDMAN, OH-PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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