1901 Youngstown Warren, Girard, OH 44420
SINGLE_FAMILY - Girard, OH
- Added:
- Jun 16, 2023
- Days on Market:
- 1091
- Last Refresh:
- Jun 10 at 12:06 am
Property Features for 1901 Youngstown Warren
General Information
- Property type
- Residential
- Property subtype
- Retail
- Parking
- 50
- Standard status
- Active
- APN
- 24-244900
- Size
- 3,800 SF
- Lot size
- 0.75 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Description
- 29 50F MC HTS YO RD
- Tax Annual Amount
- 4682
Utilities
- Sewer type
- Public Sewer
- Water source
- Public
Building Details
- Year built
- 1965
- Roof type
- Fiberglass, Asphalt
Listing agent Jason J Altobelli License #443779 (330) 652-0200
Listing office Altobelli Real Estate 304-A Vienna Ave., Niles, OH (330) 652-0200
Listing date Jun 16, 2023
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HighLights
- Established family‑owned restaurant on busy US 422 with large parking lot and two points of ingress and egress
- Restaurant building includes glass enclosed entry, countertop seating, two dining rooms, outdoor patio, fully‑equipped kitchen, and restrooms
- On‑site apartment in rear of building (1 bedroom), currently utilized for storage
- Sale includes building, land, equipment, fixtures, and inventory
- Building utilities include public water and public sewer
- On‑premises and carry‑out beer and wine license included
Overview
The property is located in Girard, Ohio, on busy US 422, with a large parking lot and two separate points of ingress and egress. The sale also includes a on-premises and carry-out beer and wine license.
For an operator or buyer seeking a ready-to-run food service concept, the package is structured around the existing restaurant setup, including the licensed service model and the included equipment, fixtures, and inventory. The combination of two dining rooms and a patio supports both dine-in flow and outdoor seating, while the office, storage areas, and rear apartment space provide room for back-of-house operations as currently configured.
Local Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $57.0k | $15.00 |
| − Vacancy | −$3.6k | −$0.96 |
| EGI | $53.4k | $14.04 |
| − OpEx | −$13.3k | −$3.51 |
| NOI | $40.0k | $10.53 |
Alternative Uses
Current Use by Public Records
Map
- City
- Girard
- County
- Butler
- State
- Ohio
- Longitude
- -80.71668
- Latitude
- 41.181626
