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    517 N Main St Niles, OH 44446

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    For Lease
    $299,000

    Second-generation restaurant space available for sale in Niles, OH.

    Property size:
    3,024 SF
    Lot size:
    0.28 Acres

    Property Features for 517 N Main St

    General Information

    Size
    3,024 SF
    Lot size
    0.28 Acres

    Source: Platz Realty Group Agent Gary Lasko

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Restaurant Opportunity in Niles, OH

    This second-generation restaurant space is available for sale. The building, with over 3,000 square feet, includes a 12-foot hood and ample room for indoor seating. The location benefits from high visibility, with over 13,000 vehicles passing by daily. Situated near established businesses such as McDonald's and Dunkin' Donuts, the property is zoned B3, allowing for alternative uses including retail stores, specialty shops, and office space for businesses or professional use.
    Insight Report Location Intelligence

    Current Use by Public Records

    Chef Peng Chinese Restaurant

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Niles
    County
    Trumbull
    State
    Ohio
    Longitude
    -80.7647833
    Latitude
    41.1866466

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    FAQs

    What type of property is this?
    Restaurant - Second-generation restaurant space available for sale in Niles, OH.
    Where is this restaurant located?
    The property is located at 517 N Main St Niles, OH.
    What are key features of this property?
    This property features: - Second generation restaurant ready for immediate operation.; - High traffic location with over 13,000 vehicles passing daily.; - Versatile B3 zoning allows for retail, specialty shops, or office space.
    (330) 757-4889
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    517 N Main St Niles, OH 44446
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    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
    517 N Main St Niles, OH 44446
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