Listing Agency: Platz Realty Group Show Phone

Listed By: Adam Divelbiss Show Phone

Source: Moodyscre

Added: Jun 4 Changed: Sep 5 Last Checked: Oct 5 at 8:03PM

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Investment Insights

Based on property information with market context.

Located on a corner lot at 231 N Center St in Newton Falls, Ohio, this 3,572-square-foot property features a bar and lounge on the first floor with an outdoor patio. An upstairs apartment provides additional on-site space within the building.

The property also includes a gravel parking lot located across the street, providing parking associated with the bar and lounge use.

Key Highlights

• 3,572‑square‑foot bar and lounge property
• First‑floor bar and lounge with outdoor patio
• Upstairs apartment included

Property Analytics

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Current Use

Chit Chat Lounge Bar & Pub

Suggested Use

Top Pick Real Estate Agency Law Firm Kitchen & Bath Showroom Dental Office Daycare Center Furniture & Home Goods

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

359

Businesses Nearby

67k

Monthly Visits Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Foot Traffic Nearby

Dining 37% Shops & Services 33% Groceries 25% Home Improvements & Furnishings 5%

McDonald's Dining

14,438 visits/mo 0.3 miles

Shop 'n Save Groceries

10,905 visits/mo 0.4 miles

Circle K Shops & Services

6,372 visits/mo 0.3 miles

Arby's Dining

6,157 visits/mo 0.2 miles

Newton Falls IGA Groceries

5,652 visits/mo 0.3 miles

Demographics for 44444, OH

10,042

Population

4,866

Households

2.1

Avg Household Size

47

Median Age

15%

College-Educated

91%

High-School Grad

41.1 sq mi

ZIP Area

244

Density / Sq Mi

$61,580

Median Household Income

$43,500

Median Earnings

$725

Median Rent

$129,000

Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020

7.3% 2021

6.5% 2022

6% 2023

5.7% 2024

6.3% 2025

Questions? Ask Rey

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What type of property is this? Where is this bars & pubs located? What is the asking price? Find similar properties What are key features of this property?

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Similar Off Market Nearby

• Riverview Inn — 2219 W River Rd, Newton Falls, OH 44444
• Cafe 534 — 115 Milton Blvd, Newton Falls, OH 44444
• M — 13 W Broad St, Newton Falls, OH 44444
• Faces Lounge — 13 W Broad St, Newton Falls, OH 44444
• Chit Chat Lounge — 231 N Center St, Newton Falls, OH 44444

Frequently Asked Questions

What type of property is this?

Bar & Pub - First-floor bar and lounge with an outdoor patio and an upstairs apartment.

Where is this bar & pub located?

The property is located at 231 N Center St Newton Falls, OH.

What is the asking price?

The asking price for this property is $100,000.

What are key features of this property?

This property features: 3,572‑square‑foot bar and lounge property; First‑floor bar and lounge with outdoor patio; Upstairs apartment included