Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    1494 Waterloo Rd Barberton, OH 44203

    Loading data...
    Loading data...
    Loading data...
    For Sale
    $200,000

    Versatile commercial building suited for restaurant, cafe, or bar.

    Lot size:
    0.76 Acres

    Property Features for 1494 Waterloo Rd

    General Information

    Standard status
    Active
    Lot size
    0.76 Acres

    We can help!

    Listing Contact
    Shelley Parsons
    Source: Exprealty

    Listing Agency: REMAX Diversity Real Estate Group LLC Listing Agent: Shelley Parsons

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

    Learn more

    Overview

    Restaurant/Cafe/Bar Opportunity For Sale

    This 1,946 sq. ft. commercial building is suited for a restaurant, café, or bar. Situated on a high-visibility corner lot, the property offers easy access and exposure. The space features a built-in counter with bar stool seating, creating an inviting and casual dining experience. The open layout provides flexibility for both front-of-house dining and kitchen operations. Additional features include a dedicated parking lot with ample space for guests and staff, and a bonus garage/storage area in the back, suitable for deliveries, prep space, or equipment storage. The property has street frontage with signage opportunities on both intersecting streets. This location offers everything needed for success in one well-positioned package.
    Location Intelligence

    Current Use by Public Records

    Bars

    Suggested Use

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

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

    Similar Places Nearby

    Eclectic Edibles Catering

    Location Insight

    • Map
    • Local Demand
    City
    Barberton
    County
    Summit
    State
    Ohio
    Longitude
    -81.5798394
    Latitude
    41.0320853

    Nearby Similar for Sale

    • New
      Contact for pricing
      Pending

      Mixed-Use Property in Barberton's Historic District

      Versatile property in Barberton's historic district, ideal for business and residential.
      128 2Nd St NW, Barberton, OH 44203
      View Details
    • New
      $140,000
      Pending

      Spacious Barberton Duplex For Sale

      Updated duplex in Barberton, ideal for owner-occupants or investors.
      158 16Th St NW, Barberton, OH 44203
      View Details
    • $59,900
      0.03 Acres

      Professional Office Space For Sale

      Well-maintained office space with ample parking in convenient location.
      105 5Th St SE, Barberton, OH 44203
      View Details
    • $175,000
      0.14 Acres

      Barberton Multifamily Investment Opportunity

      Spacious duplex with rental income potential and a two-car garage.
      245 E Ford Ave, Barberton, OH 44203
      View Details
    • Contact for pricing
      Pending

      Iconic Restaurant - Turnkey Business

      Turnkey restaurant business opportunity in Barberton, Ohio.
      205 2Nd St NW, Barberton, OH 44203
      View Details
    • $84,900
      Pending

      Barberton Duplex with Updated Kitchen

      Barberton duplex featuring updated kitchens, separate entrances, and ample storage.
      673 Wooster Rd W, Barberton, OH 44203
      View Details
    • $92,900
      Pending

      Barberton Duplex Near Lake Anna

      Investment opportunity or owner-occupied duplex near Lake Anna.
      248 7Th St NW, Barberton, OH 44203
      View Details
    • $415,000
      0.86 Acres

      Barberton Office/Medical Building For Sale

      Move-in ready office/medical building in Barberton, Ohio.
      91 5Th St SE, Barberton, OH 44203
      View Details
    • $59,000
      0.04 Acres

      Barberton Commercial Space Near Hospital

      Professional medical, office, or retail space near hospital and businesses.
      103 5Th St SE, Barberton, OH 44203
      View Details
    • $229,000
      5,800 SF

      Mixed-Use Building with Income Potential

      Income-producing mixed-use building with restaurant/bar and apartments.
      861 Wooster Rd W, Barberton, OH 44203
      View Details
    • $149,000
      3,840 SF

      Versatile Commercial Building in Barberton

      3,840 SF commercial building with retail and residential potential.
      208 2Nd St Northwest, Barberton, OH 44203
      View Details
    • $1,500,000
      88,482 SF

      Barberton Industrial Property with Acreage

      6.75 acre industrial property with six buildings for sale.
      250 South Van Buren Ave, Barberton, OH 44203
      View Details

    FAQs

    What type of property is this?
    Restaurant - Versatile commercial building suited for restaurant, cafe, or bar.
    Where is this restaurant located?
    The property is located at 1494 Waterloo Rd Barberton, OH.
    What is the asking price?
    The asking price for this property is $200,000.
    What are key features of this property?
    This property features: - High-visibility corner lot with easy access and excellent exposure.; - Move-in ready for a restaurant, café, or bar, or easily customizable.; - Dedicated parking lot with ample space for guests and staff.
    (330) 907-4102
    Request Owner's contact information
    1494 Waterloo Rd Barberton, OH 44203
    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.
    1494 Waterloo Rd
    Barberton, OH 44203
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    1494 Waterloo Rd Barberton, OH 44203
    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
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Shelley Parsons
    (330) 907-4102
    Learn more
    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.