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    647 Portage Rd Wooster, OH 44691

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    For Lease
    $16 SF/Yr ($2,374 /Mo)

    1,781 SF restaurant space available for lease.

    Property size:
    1,781 SF
    Lot size:
    0.48 Acres

    Property Features for 647 Portage Rd

    General Information

    Size
    1,781 SF
    Lot size
    0.48 Acres

    Source: Passov Real Estate Group Agent Austin Loconti

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

    Overview

    Restaurant Space Near Hospital

    This 1,781 square foot restaurant space is available for lease at $16.00 per square foot per year, with additional net charges of $3.16 per square foot per year. The property is a second-generation restaurant space located around the corner from Wooster Community Hospital and a 5-minute drive from The College of Wooster. Nearby retailers include Big Lots, Rite Aid, Burger King, Chase Bank, Taco Bell, and Pizza Hut.
    Insight Report Location Intelligence

    Current Use by Public Records

    Long John Silver's Fast Food 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
    Wooster
    County
    Wayne
    State
    Ohio
    Longitude
    -81.9313647
    Latitude
    40.8243598

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    FAQs

    What type of property is this?
    Restaurant - 1,781 SF restaurant space available for lease.
    Where is this restaurant located?
    The property is located at 647 Portage Rd Wooster, OH.
    What is the lease rate?
    The lease rate is $16 SF/Yr.
    What are key features of this property?
    This property features: - Second generation restaurant space; - 1,781 SF available; - Around the corner from Wooster Community Hospital
    (216) 970-5122
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    647 Portage Rd Wooster, OH 44691
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    Wooster, OH 44691
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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
    647 Portage Rd Wooster, OH 44691
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