3476 Massillon RdUniontown, OH 44685

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

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.

• 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

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

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