Restaurant and Banquet
425 Ridge Rd Newton Falls, OH 44444
425 Ridge Rd, Newton Falls, OH, 44444
Contact for pricing
For Sale
Contact for pricing
Immaculate restaurant and banquet facility with fully equipped kitchen, full-service bar, and two banquet rooms.
Property Size14,984 SF
Price / SF$80.02
Days on Market224
Property Features for 425 Ridge Rd
General Information
- Standard status
- Active
- Size
- 14,984 SF
- Property subtype
- RETAIL
Listing agency
Platz Realty Group
(330) 647-0411
Listed by
Daniel Crouse · License #2017002852
(330) 647-0411
Source
Moodyscre
Added: Dec 9, 2025 Updated: Jul 21 at 12:59AM Checked: Jul 21 at 6:15AM
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 restaurant and banquet facility is presented in immaculate condition and includes two banquet rooms that can accommodate 100 to 400 people. In addition to the banquet space, there is a separate restaurant setup featuring a fully equipped kitchen and a full service bar. The property also includes a D5 liquor license.
The facility is offered for sale in Newton Falls, OH, at 425 Ridge Rd, and is described as having loads of parking, along with a newer roof and fully updated interior.
Overall, the property is configured to support both plated service and banquet-style events, with dedicated spaces for banquets and restaurant operations.
The facility is offered for sale in Newton Falls, OH, at 425 Ridge Rd, and is described as having loads of parking, along with a newer roof and fully updated interior.
Overall, the property is configured to support both plated service and banquet-style events, with dedicated spaces for banquets and restaurant operations.
Key Highlights
- Restaurant and banquet facility in immaculate condition
- Separate restaurant with fully equipped kitchen and full‑service bar
- Two banquet rooms with capacities ranging from 100 to 400 people
Local Financial Insights For Industrial
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 | $96.0k | $6.41 |
| − Vacancy | −$8.1k | −$0.54 |
| EGI | $88.0k | $5.87 |
| − OpEx | −$26.4k | −$1.76 |
| NOI | $61.6k | $4.11 |
14,984 SF · lease $6.41/SF/yr · vacancy 8.42% · expense 30.00%
Alternative Uses
Best Use
Specialty Retail
$2.31M
$2.02M – $2.69M
NOI $161,490 @ 7.0% cap · market cap 13.47%
Second Best
Industrial
$879.6K
$769.7K – $1.03M
NOI $61,572 @ 7.0% cap · market cap 5.14%
Theoretical Best
Office A
$2.84M
$2.49M – $3.32M
NOI $199,083 @ 7.0% cap · market cap 16.60%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Vinny's of Newton Falls
Restaurant
Roby Lee's Restaurant ...
Restaurant
Similar For Sale Nearby
FAQs
What type of property is this?
Conventional restaurant - Immaculate restaurant and banquet facility with fully equipped kitchen, full-service bar, and two banquet rooms.
Where is this conventional restaurant located?
The property is located at 425 Ridge Rd Newton Falls, OH.
What is the asking price?
The asking price for this property is $1,199,000.
What are key features of this property?
This property features: Restaurant and banquet facility in immaculate condition; Separate restaurant with fully equipped kitchen and full‑service bar; Two banquet rooms with capacities ranging from 100 to 400 people
