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    162-176 N Market St Shreve, OH 44676

    For Sale
    Contact for pricing

    Established restaurant with apartments and banquet space in Shreve, OH.

    Property size:
    11,300 SF
    Lot size:
    0.16 Acres

    Property Features for 162-176 N Market St

    General Information

    Size
    11,300 SF
    Lot size
    0.16 Acres

    Source: Harbor Realty - Ashtabula Office Agent Listing Contact

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

    Overview

    Multi-Use Commercial Property in Shreve

    This multi-use commercial property, formerly the Des Dutch Essenhaus, has been a restaurant in the Village of Shreve for 50 years. The property features a main level with large dining areas, a spacious commercial kitchen, a bakery, restrooms, and buffet areas. The second floor includes multiple apartments and a conference room. The full basement provides a substantial banquet space, multiple storage rooms, offices, and utility areas. The 11,300 square foot property presents an opportunity to continue a dining or hospitality business, or to repurpose the space for a range of commercial and retail uses such as offices, professional spaces, coffee shops, cafes, or retail outlets.
    Location Intelligence

    Current Use by Public Records

    Conventional restaurants

    Suggested Use

    Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Wholesale Shop Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Shreve
    County
    Wayne
    State
    Ohio
    Longitude
    -82.0222002
    Latitude
    40.6820843

    Nearby Similar for Sale

    • Contact for pricing
      0.31 Acres

      Established Restaurant in Shreve, Ohio

      Multi-use commercial property with restaurant, apartments, and banquet space.
      176 N Market St, Shreve, OH 44676
      View Details
    • $439,000
      11,812 SF

      Shreve Commercial Building - Prime Location

      Mixed-use space, updated, 11,812 sq ft
      390 Wood St, Shreve, OH 44676
      View Details
    • $750,000
      0.31 Acres

      Shreve Restaurant & Real Estate

      Turnkey Restaurant, Prime Location
      176 Market St, Shreve, OH 44676
      View Details

    FAQs

    What type of property is this?
    Conventional restaurant - Established restaurant with apartments and banquet space in Shreve, OH.
    Where is this conventional restaurant located?
    The property is located at 162-176 N Market St Shreve, OH.
    What are key features of this property?
    This property features: - Turnkey restaurant opportunity with established 50-year history.; - Multi-use commercial property suitable for restaurant, hospitality, retail, or office repurposing.; - Includes large dining areas, commercial kitchen, bakery, buffet areas, apartments, conference room, and banquet space.
    (440) 964-7142
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    162-176 N Market St Shreve, OH 44676
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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
    162-176 N Market St Shreve, OH 44676
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