Language and Region
Currency

This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

You must register your contact information to view secure information on this listing.

Email*

Please enter a valid email address.

Note: To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

Send me a copy

964 characters remaining

LoopNet has taken a strong stance against the practice of sending unsolicited commercial emails, also known as "spam." Please send these emails only to people you know who would be interested in this property. If someone asks you not to send these emails to them, please comply.

thank you

Your email has been sent!

861 Wooster Rd
Barberton, OH 44203

Retail Property For Sale

.mosaic-column{display:inline-block!important;height:100%!important;width:auto!important}.mosaic-tile i{display:none!important}.mosaic-tile img{height:100%!important;width:auto!important}

Investment Highlights

Income Producing
Conversion Potential (Multifamily or Retail/Services)

Lower Level Restaurant/Bar, Upper Level Apartments

Executive Summary

For sale- Income producing stand-alone mixed use building. The building is composed of a street level restaurant/bar (currently vacant), and an upper level with 2 apartments: one bed/one bath, two bed/one bath. All utilities including water are separated. Features include a fully operating commercial kitchen, newer roof, well maintained mechanicals, A/C, basement, easy access on hard corner and to interchanges. All FF&E are included. Potential to obtain the adjacent city owned lot directly to the west; additional parking.
Ideal for an owner/operator to earn passive income or an investor to convert to multifamily and/ or retail/services.
Simple Pro-Forma:
Income - $37,500
Expenses - $7,000
NOI - $30,500
Cap Rate - 13%

PROPERTY FACTS

Sale Type

Investment or Owner User

Property Type

Retail

Property Subtype

Storefront Retail/Residential

Building Size

5,151 SF

Building Class

Year Built

1900

Price

$325,668 CAD

Price Per SF

$63 CAD

Percent Leased

Vacant

Tenancy

Multiple

Building Height

2 Stories

Building FAR

0.79

Lot Size

0.15 AC

Parking

4 Spaces (0.78 Spaces per 1,000 SF Leased)

Frontage

73 ft on 14th St

PROPERTY TAXES

Parcel Number	01-02856	Improvements Assessment	$52,356 CAD
Land Assessment	$7,780 CAD	Total Assessment	$60,135 CAD

PROPERTY TAXES

Parcel Number

01-02856

Land Assessment

$7,780 CAD

Improvements Assessment

$52,356 CAD

Total Assessment

$60,135 CAD

Listing ID: 31976809
Date on Market: 2024-05-31
Last Updated:
Address: 861 Wooster Rd, Barberton, OH 44203

1 of 16

VIDEOS

3D TOUR

PHOTOS

STREET VIEW STREET

MAP

1/16

This feature is unavailable at the moment.