Established Restaurant with Loyal
For Sale
Contact for pricing
2600 W Market St, Warren, OH
Profitable restaurant for sale with equipment and building included.
Property Size2,300 SF
Lot Size1.14 Acres
Price / SF$121.74
Days on Market391
Property Features for 2600 W Market St
General Information
Standard status
Active
Size
2,300 SF
Lot size
1.14 Acres
Property subtype
RETAIL
Listing Agency:
Platz Realty Group
(330) 647-0411
Listed By:
Daniel Crouse
(330) 647-0411
Source:
Moodyscre
Added: Jul 29, 2025
Changed: Aug 17
Last Checked: Aug 22 at 6:48AM
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 Platz Realty Group
Investment Insights
Based on property information with market context.
This established neighborhood restaurant is available for sale, including the name, equipment, and building. The owner is retiring after 30 years of operation. The restaurant has a history of sales and profitability with an existing clientele and a diverse menu. Located on Warren’s west side, the property is near many businesses, with new industry coming in nearby. The building offers approximately 2,300 square feet of space. It features ample parking and easy access. Financial information is available for qualified buyers.
Key Highlights
- Established restaurant with 30‑year history of sales and profitability.
- Includes restaurant, name, equipment, and building.
- Located on Warren's west side, near businesses and new industry.
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
$24,788
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
8.85%
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%
$495,760
$495.8K
Cap Rate 7%
$354,114
$354.1K
Cap Rate 9%
$275,422
$275.4K
Market Conditions
NOI Build-Up for 2,300 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
$34.5K $15.00/SF
− Vacancy
−$1.4K −$0.63/SF
EGI
$33.1K $14.37/SF
− OpEx
−$8.3K −$3.59/SF
NOI
$24.8K $10.78/SF
Area
Trumbull County, OH
Vacancy
4.20%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
25.00%
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%
$495,760
Cap Rate 7%
$354,114
Cap Rate 9%
$275,422
Alternative Uses
Best Use
Specialty Retail
$354.1K
$309.9K – $413.1K
NOI $24,788 @ 7.0% cap · market cap 8.85%
Second Best
Retail
$317.3K
$277.6K – $370.2K
NOI $22,210 @ 7.0% cap · market cap 7.93%
Theoretical Best
Office A
$436.6K
$382.0K – $509.3K
NOI $30,559 @ 7.0% cap · market cap 10.91%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
132
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Cockeye BBQ — 1805 Parkman Rd NW, Warren, OH 44485
Frequently Asked Questions
What type of property is this?
Restaurant - Profitable restaurant for sale with equipment and building included.
Where is this restaurant located?
The property is located at 2600 W Market St Warren, OH.
What is the asking price?
The asking price for this property is $280,000.
What are key features of this property?
This property features: Established restaurant with 30‑year history of sales and profitability.; Includes restaurant, name, equipment, and building.; Located on Warren's west side, near businesses and new industry.
