3476 Massillon RdUniontown, OH 44685
- Retail properties
- 9,870 SF
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
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
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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