Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    127 Main St Creston, OH 44217

    Sponsored
    For Sale
    $275,000

    Turnkey Restaurant & Apartment Building

    Property size:
    3,564 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    337
    This exceptional mixed-use property at 127 S Main Street, Creston, OH, presents a compelling investment opportunity. The 3,564 square foot building sits on a 0.21-acre lot in Creston's vibrant commercial district, benefiting from high visibility and convenient access between Akron, Medina, and Wooster. The ground floor houses Pike Station, a fully operational breakfast restaurant with a seating capacity of 50. The restaurant is equipped with a comprehensive array of commercial kitchen appliances, including a hood system, walk-in cooler and freezers, deep fryers, and pizza ovens – a truly turnkey operation. Upstairs, a spacious three-bedroom apartment generates consistent rental income, currently leased month-to-month at $1,050 per month. Recent renovations have significantly enhanced the property's value and functionality. These updates include a new electrical system, hot water tank, and furnace, along with new kitchen cabinets and flooring, updated lighting, and renovated bathrooms on the second floor. Security cameras provide added peace of mind. A full basement, accessible from the exterior, offers additional storage space and includes a walk-in cooler, ice machine, and freezer. This property's prime location, coupled with its income-generating potential and recent upgrades, makes it an attractive investment for both business owners and investors seeking a strong return. The asking price is $275,000.

    Property Features for 127 Main St

    General Information

    Property type
    Mixed-use properties
    Square Feet
    3,564 SF
    Lot Size
    9,148 SF

    Building Details

    Year Built
    1882
    Property Profile Location Intelligence

    Current Use by Public Records

    Pike Station Restaurant ... Pizza Restaurant

    Suggested Use

    Realty agency Restaurant Spa & Massage Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Wholesale Shop Accounting Firm

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Creston
    County
    Wayne
    State
    Ohio
    Longitude
    -81.89529
    Latitude
    40.98313

    Nearby Comparable

    • $435,000
      2,400 SF

      Creston Property with Shop Space

      Two buildings totaling 4,592 SF on 1.34 acres.
      106 Myers St, Creston, OH 44217
      View Details
    • $200,000

      Industrial Land in Seville, Ohio

      1.3 acres of industrial land suitable for various business operations.
      4885 Enterprise Pkwy, Seville, OH
      View Details
    • $599,900
      8.53 Acres

      Seville Commercial Land - 8.53 Acres

      Prime Seville development land, city utilities.
      0 Greenwich Rd, Seville, OH 44273
      View Details
    • $2,100,000
      105.00 Acres

      Seville, OH Commercial Land - 105 Acres

      Prime Commercial Land, Redevelopment Opportunity
      5669 Greenwich Rd, Seville, OH 44273
      View Details
    • Contact for pricing
      15.21 Acres

      Seville, OH: 15-Acre Mixed-Use Land

      Prime Seville location, high traffic counts, mixed-use zoning.
      595 Center St, Seville, OH 44273
      View Details
    • $600,000
      12.87 Acres

      Seville, OH Commercial Land - $600K

      12.868 Acres, High-Traffic Location, Development Ready
      100 Executive Dr, Seville, OH 44273
      View Details
    • Contact for pricing
      1.00 Acre

      Seville Commercial Land - 3.93 Acres

      Prime Retail Development Site, High Traffic
      360 Center St, Seville, OH 44273
      View Details
    • Contact for pricing

      Wooster Pike Restaurant Opportunity

      Freestanding building with drive-thru.
      8750 Wooster Pike Rd, Seville, OH 44273
      View Details
    • Contact for pricing
      15 SF

      Seville Land Parcel on Route 3

      15.21-acre site with highway access and mixed-use zoning.
      595 Center St, Seville, OH 44273
      View Details
    • Contact for pricing
      4.00 Acres

      Prime Burbank Commercial Land

      Four acres, I-71 access, commercial zoning.
      71 Oh-83, Burbank, OH 44214
      View Details

    Nearby Similar for Sale

    • $435,000
      2,400 SF

      Creston Property with Shop Space

      Two buildings totaling 4,592 SF on 1.34 acres.
      106 Myers St, Creston, OH 44217
      View Details

    FAQs

    What type of property is this?
    Mixed-use property - Turnkey Restaurant & Apartment Building
    Where is this mixed-use property located?
    The property is located at 127 Main St Creston, OH.
    What is the asking price?
    The asking price for this property is $275,000.
    (866) 212-4991
    Request Owner's contact information
    127 Main St Creston, OH 44217
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    127 Main St
    Creston, OH 44217
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    127 Main St Creston, OH 44217
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.