Mixed-Use Building with Restaurant
For Sale
$229,000
861 Wooster Road West, Barberton, OH 44203
Stand-alone mixed-use property with a street-level restaurant/bar and two apartments, with separated utilities for each unit.
Property Size5,800 SF
Price / SF$39.48
Days on Market805
Property Features for 861 Wooster Road West
General Information
Standard status
Active
Size
5,800 SF
Property subtype
Mixed Use
Financials
Cap Rate
13%
Business Included
Yes
Additional Details
Highway Access
Yes
Multifamily Units
2
Listing Agency:
Hoff & Leigh
(330) 714-1145
Listed By:
Chad Whitmer
(330) 714-1145
Source:
Hoffleigh
Added: May 20, 2024
Changed: Jul 10
Last Checked: Aug 2 at 3:09AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Hoff & Leigh
Investment Insights
Based on property information with market context.
This income-producing stand-alone mixed-use building includes a street-level restaurant/bar and an upper level with two apartments. The lower space is equipped with a fully operating commercial kitchen. The upper level offers one one-bedroom one-bath unit and one two-bedroom one-bath unit. Utilities are separated, including water, supporting independent operation. The property also features a basement, air conditioning, and well-maintained mechanicals. Additional improvements noted include a newer roof (approximately within the last five years), and all FF&E is included with the sale.
The building sits on a hard corner and is described as having easy access to interchanges, with access on an active bus route. The property’s location and configuration are designed to accommodate both street-level retail/service use and residential tenants above.
From an owner-operator standpoint, the property can support onsite restaurant/bar operations while maintaining rental income from the two apartments. For investors, the separated utilities and existing unit mix may offer flexibility, including the stated potential to pursue an adjacent city-owned lot to the west for additional parking, as well as conversion to multifamily and/or retail or services if desired by the buyer.
The building sits on a hard corner and is described as having easy access to interchanges, with access on an active bus route. The property’s location and configuration are designed to accommodate both street-level retail/service use and residential tenants above.
From an owner-operator standpoint, the property can support onsite restaurant/bar operations while maintaining rental income from the two apartments. For investors, the separated utilities and existing unit mix may offer flexibility, including the stated potential to pursue an adjacent city-owned lot to the west for additional parking, as well as conversion to multifamily and/or retail or services if desired by the buyer.
Key Highlights
- Income‑producing stand‑alone mixed‑use building with street‑level restaurant/bar and two upper apartments (1 bed/1 bath and 2 bed/1 bath).
- Fully operating commercial kitchen in the lower‑level restaurant/bar; all FF&E included.
- Separated utilities, including water (each unit has its own utilities).
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Turnkey business
Opportunity
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
225
Businesses Nearby
Explore this area
Business Placement
Demographics for 44203, OH
39,577
Population
18,198
Households
2.2
Avg Household Size
43
Median Age
21%
College-Educated
91%
High-School Grad
35.0 sq mi
ZIP Area
1,131
Density / Sq Mi
$59,124
Median Household Income
$36,954
Median Earnings
$832
Median Rent
$148,300
Median Home Value
Market
Properties on Market for Mixed-use properties in Summit County
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Stand-alone mixed-use property with a street-level restaurant/bar and two apartments, with separated utilities for each unit.
Where is this mixed-use property located?
The property is located at 861 Wooster Road West Barberton, OH.
What is the asking price?
The asking price for this property is $229,000.
What are key features of this property?
This property features: Income‑producing stand‑alone mixed‑use building with street‑level restaurant/bar and two upper apartments (1 bed/1 bath and 2 bed/1 bath).; Fully operating commercial kitchen in the lower‑level restaurant/bar; all FF&E included.; Separated utilities, including water (each unit has its own utilities).
