3476 Massillon RdUniontown, OH 44685

  • Retail properties
  • 9,870 SF
For Sale
$950,000 View listing

Property Details for 3476 Massillon Rd

Year built
1977
Construction
FRAME
Lot size
2.77 AC
Property size (Sq ft)
9,870 SF
Property type
Retail properties
Property subtype
Turn key restaurants
APN
28-01453
APU
2801453

Description

This exceptional 9,870-square-foot restaurant property, located at 3476 Massillon Road in Uniontown, Ohio (zip code 44685), presents a unique investment opportunity. Boasting a large, fully equipped kitchen and a spacious banquet room, this established eatery is ideally suited for continued restaurant operations or a variety of alternative uses. The property includes a valuable D1/D2/D3 liquor license, adding significant potential for profitability. Situated on a 3.03-acre lot, the ample space allows for the development of a substantial patio area, enhancing the overall appeal and functionality of the establishment. The building features a metal roof, installed approximately 10 years ago, ensuring long-term durability. Its prime location along I-77, near the Massillon Road roundabouts, provides excellent visibility and accessibility, with strong signage capabilities. The property benefits from abundant parking, with a new surface planned for the fall. The B-1 zoning allows for diverse possibilities, including an event center, tavern, or brewery. The asking price is $950,000 ($96.25 per square foot), and seller financing may be considered. This property is located in the thriving city of Green, Ohio, offering significant growth potential.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,759,261
    6.5%
    $2,547,010
    7%
    $2,365,081
  • Comparable approach

    Method
    Valuation
    Relative Method
    $2,326,564
    Geo Method
    $2,326,564
  • Alternative Use

    Use
    Valuation
    Residential
    $2,148,498
    Hospitality
    $1,968,013
    Educational
    $1,637,364
    Medical
    $1,693,675
    Retail
    $2,547,010
3476 Massillon Rd, Uniontown, Ohio

Location Insight

City
Uniontown
County
Summit
State
Ohio
Latitude
40.967
Longitude
-81.4668
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
$13,652
$47,180
$194,510
$241,690
-
$134,800
$555,730
$690,530

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