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    OFF-MARKET
    Commercial real estate

    433 State St, Newcomerstown, OH 43832

    0.35 ac lot Built 1979
    Property ID
    Property summary
    AI-generated overview

    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 profile
    Verified
    Property type Commercial real estate
    Year built 1979
    Lot 0.35 ac (15,246 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Terry's Pizza Shoppe Restaurant
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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