Barberton Restaurant Opportunity For
For Sale
Contact for pricing
234 Wooster Rd N, Barberton, OH
5,430 SF restaurant on 0.879 acres with ample parking.
Property Size5,430 SF
Lot Size0.56 Acres
Price / SF$104.05
Days on Market361
Property Features for 234 Wooster Rd N
General Information
Standard status
Active
Size
5,430 SF
Lot size
0.56 Acres
Property subtype
RETAIL
Listing Agency:
NAI Pleasant Valley - Akron
(330) 352-7746
Listed By:
David Whyte · License #SAL.2018002884
(330) 352-7746
Source:
Moodyscre
Added: Aug 14, 2025
Changed: Aug 8
Last Checked: Aug 8 at 5:13AM
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 NAI Pleasant Valley - Akron
Investment Insights
Based on property information with market context.
This 5,430 square foot restaurant property is available for sale. The property is situated on 0.879 acres and features 75 parking spaces. The zoning is C-3 & RM30. The building includes a large kitchen and dining area with unique high ceilings. The property is located on a well-trafficked street and has operated as an Italian restaurant for over 50 years. The annual taxes are $11,409.30.
Key Highlights
- High‑traffic location ideal for business visibility.
- Ample parking with 75 spaces.
- Large 5,430 SF space suitable for various uses.
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$34,403
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.09%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$688,060
$688.1K
Cap Rate 7%
$491,471
$491.5K
Cap Rate 9%
$382,256
$382.3K
Market Conditions
NOI Build-Up for 5,430 SF
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.
Gross rent
$50.8K $9.36/SF
− Vacancy
−$1.7K −$0.31/SF
EGI
$49.1K $9.05/SF
− OpEx
−$14.7K −$2.72/SF
NOI
$34.4K $6.34/SF
Area
Summit County, OH
Vacancy
3.30%
Lease Rate
$9.36 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$688,060
Cap Rate 7%
$491,471
Cap Rate 9%
$382,256
Alternative Uses
Best Use
Specialty Retail
$938.4K
$821.1K – $1.09M
NOI $65,688 @ 7.0% cap · market cap 11.63%
Second Best
Retail
$491.5K
$430.0K – $573.4K
NOI $34,403 @ 7.0% cap · market cap 6.09%
Theoretical Best
Office A
$1.33M
$1.17M – $1.55M
NOI $93,280 @ 7.0% cap · market cap 16.51%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
600
Businesses Nearby
112k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 41%
Groceries 23%
Shops & Services 20%
Superstores 15%
McDonald's
Dining
20,623 visits/mo
0.1 miles
Marc's
Groceries
19,964 visits/mo
0.4 miles
Big Lots
Superstores
17,018 visits/mo
0.4 miles
Taco Bell
Dining
17,010 visits/mo
0.4 miles
Dollar Tree
Shops & Services
13,696 visits/mo
0.4 miles
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - 5,430 SF restaurant on 0.879 acres with ample parking.
Where is this conventional restaurant located?
The property is located at 234 Wooster Rd N Barberton, OH.
What is the asking price?
The asking price for this property is $565,000.
What are key features of this property?
This property features: High‑traffic location ideal for business visibility.; Ample parking with 75 spaces.; Large 5,430 SF space suitable for various uses.
