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

    433 State St Newcomerstown, OH 43832

    For Sale
    $150,000

    Established Pizzeria, Turn-Key Operation

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    308
    This exceptional opportunity presents the acquisition of a thriving, family-owned pizzeria in the heart of Newcomerstown, Ohio. Boasting a rich 46-year history as a beloved community staple, Terry's Pizza Shoppe is a turnkey business ready for its next chapter. The 1,480 square foot building offers a spacious main dining area comfortably seating approximately 65 patrons, featuring 13 booths and additional seating at tables. A fully equipped kitchen ensures seamless operation, supported by a dedicated team of two full-time and three part-time employees. The business benefits from a prime location, conveniently situated near local schools and offering ample parking for customer convenience. The property sits on a 0.35-acre lot at 433 W. State Street. The sale price is $150,000 and is contingent upon the successful negotiation of a lease agreement with the building's lessor. This presents a rare chance to own a well-established, profitable business with significant growth potential in a strong community. The existing infrastructure and loyal customer base provide a solid foundation for continued success. Serious inquiries only.

    Property Features for 433 State St

    General Information

    Property type
    Other commercial real estate
    Lot Size
    15,246 SF

    Building Details

    Year Built
    1979
    Property Profile Location Intelligence

    Current Use by Public Records

    Terry's Pizza Shoppe Pizza Restaurant

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Newcomerstown
    County
    Tuscarawas
    State
    Ohio
    Longitude
    -81.6112
    Latitude
    40.26994

    Nearby Similar for Sale

    • Contact for pricing
      0.80 Acres

      Turn-Key Restaurant in Newcomerstown, OH

      Turn-key restaurant with multiple spaces, equipment, and additional storage building.
      640 Heller Dr, Newcomerstown, OH 43832
      View Details
    • New
      $300,000
      10.00 Acres

      Newcomerstown Shop with Acreage

      Shop with acreage for sale near Newcomerstown, Ohio.
      5619 Post Boy Rd, Newcomerstown, OH 43832
      View Details
    • New
      $319,900
      0.70 Acres

      Former Bank Building For Sale

      Highly visible building suitable for medical, professional, or retail use.
      220 E State St, Newcomerstown, OH 43832
      View Details
    • $2,950,000
      55,500 SF

      Multi-Tenant Industrial Facility For Sale

      55,500 SF multi-tenant industrial facility with investor cash flow.
      126 New Pace Rd, Newcomerstown, OH 43832
      View Details
    • $199,000
      0.23 Acres

      Main Street Mixed-Use Investment

      Prime Newcomerstown location, high rental income potential.
      204 Main St, Newcomerstown, OH 43832
      View Details
    • $300,000
      7,897 SF

      Historic Downtown Newcomerstown Mixed-Use

      Prime Location, High Traffic, Huge Potential
      150 Main St, Newcomerstown, OH 43832
      View Details

    FAQs

    What type of property is this?
    Commercial real estate - Established Pizzeria, Turn-Key Operation
    Where is this commercial real estate located?
    The property is located at 433 State St Newcomerstown, OH.
    What is the asking price?
    The asking price for this property is $150,000.
    (330) 308-9278
    Request Owner's contact information
    433 State St Newcomerstown, OH 43832
    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.
    433 State St
    Newcomerstown, OH 43832
    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
    433 State St Newcomerstown, OH 43832
    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.