Bar and Pub with
For Sale
Contact for pricing
1575 Massillon Rd, Akron, OH 44312
C-2-zoned property includes a full basement, equipment package, and outdoor seating.
Property Size2,400 SF
Price / SF$177.08
Days on Market54
Property Features for 1575 Massillon Rd
General Information
Standard status
Active
Size
2,400 SF
Property subtype
Retail
Zoning
C-2
Restaurant
Patio
Yes
Equipment Included
Yes
Liquor License
Yes
Additional Details
Business Included
Yes
Amenities
recreational area
Building Details
Buildings
1
Listing Agency:
Hoff & Leigh Fairlawn
Listed By:
TJ Hollin · License #OH SAL.2014000295
(330) 618-8045
Source:
Crexi
Added: Aug 30
Changed: Oct 21
Last Checked: Oct 20 at 6:16PM
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 Fairlawn
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Investment Insights
Based on property information with market context.
This bar and pub property offers a 2,400 SF building with a full basement, outdoor patio and deck seating, and a recreational area. The sale includes equipment, fixtures, a POS system, coolers, and a liquor license. Recent property improvements include HVAC, roofing, and parking lot work.
The rear portion currently serves as storage and is identified for possible kitchen enlargement or carryout service. The site also provides substantial parking, with room identified for additional spaces or lot expansion. Food and liquor licenses are reported to be active and in good standing. Zoning is C-2.
The rear portion currently serves as storage and is identified for possible kitchen enlargement or carryout service. The site also provides substantial parking, with room identified for additional spaces or lot expansion. Food and liquor licenses are reported to be active and in good standing. Zoning is C-2.
Key Highlights
- 2,400 SF building with full basement
- Outdoor patio and deck seating with recreational area
- Sale includes equipment, fixtures, POS system, coolers, and liquor license
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$29,033
Cap Rate
6.83%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$580,660
$580.7K
Cap Rate 7%
$414,757
$414.8K
Cap Rate 9%
$322,589
$322.6K
Market Conditions
NOI Build-Up for 2,400 SF
Gross rent
$40.0K $16.68/SF
− Vacancy
−$1.3K −$0.55/SF
EGI
$38.7K $16.13/SF
− OpEx
−$9.7K −$4.03/SF
NOI
$29.0K $12.10/SF
Area
Akron, OH
Vacancy
3.30%
Lease Rate
$16.68 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$580,660
Cap Rate 7%
$414,757
Cap Rate 9%
$322,589
Alternative Uses
Best Use
Specialty Retail
$414.8K
$362.9K – $483.9K
NOI $29,033 @ 7.0% cap · market cap 6.83%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$589.0K
$515.4K – $687.2K
NOI $41,229 @ 7.0% cap · market cap 9.70%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
Turnkey business
Opportunity
Yes
Liquor license
Location Intelligence
Trade Area within ½ mile
117
Businesses Nearby
9k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Dollar General
Shops & Services
7,264 visits/mo
0.3 miles
Sunoco
Shops & Services
1,491 visits/mo
0.3 miles
Demographics for 44312, OH
30,510
Population
14,299
Households
2.1
Avg Household Size
44
Median Age
19%
College-Educated
92%
High-School Grad
19.0 sq mi
ZIP Area
1,606
Density / Sq Mi
$64,542
Median Household Income
$41,829
Median Earnings
$994
Median Rent
$142,100
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in Akron, OH
Similar Off Market Nearby
- Springfield Tavern — 1575 Massillon Rd, Akron, OH 44312
Frequently Asked Questions
What type of property is this?
Bar & Pub - C-2-zoned property includes a full basement, equipment package, and outdoor seating.
Where is this bar & pub located?
The property is located at 1575 Massillon Rd Akron, OH.
What is the asking price?
The asking price for this property is $425,000.
What are key features of this property?
This property features: 2,400 SF building with full basement; Outdoor patio and deck seating with recreational area; Sale includes equipment, fixtures, POS system, coolers, and liquor license
