Urban Tap Restaurant with Coffee
For Sale
Contact for pricing
439 E Market St, Warren, OH 44481
Corner-lot restaurant property with an adjacent events center near downtown Warren attractions.
Property Size9,434 SF
Price / SF$127.20
Days on Market206
Property Features for 439 E Market St
General Information
Standard status
Active
Size
9,434 SF
Class
B
Property subtype
Business for Sale, Retail
Building Details
Year Renovated
2024
Buildings
2
Units
1
Listing Agency:
Platz Realty Group
Listed By:
Don Thomas · License #OH
(330) 757-4889
Source:
Crexi
Added: Mar 25
Changed: Oct 2
Last Checked: Oct 16 at 6:56AM
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
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Investment Insights
Based on property information with market context.
Urban Tap is a 9,434-square-foot restaurant property offered with bar and coffee shop components. The package includes an adjacent events center and occupies a corner lot, giving the property a broader hospitality-oriented configuration than a standalone dining venue. A separate coffee shop concept has also been introduced as an early-stage addition to the business model.
The property is located near the Downtown Warren Square, Robbins Theatre, and River Rock at the Amp. Its East Market Street address places the restaurant and related event space within the downtown Warren setting identified in the listing information.
The property is located near the Downtown Warren Square, Robbins Theatre, and River Rock at the Amp. Its East Market Street address places the restaurant and related event space within the downtown Warren setting identified in the listing information.
Key Highlights
- 9,434‑square‑foot restaurant property
- Includes bar and coffee shop components
- Adjacent events center included
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$101,675
Cap Rate
8.47%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,033,500
$2.0M
Cap Rate 7%
$1,452,500
$1.5M
Cap Rate 9%
$1,129,722
$1.1M
Market Conditions
NOI Build-Up for 9,434 SF
Gross rent
$141.5K $15.00/SF
− Vacancy
−$5.9K −$0.63/SF
EGI
$135.6K $14.37/SF
− OpEx
−$33.9K −$3.59/SF
NOI
$101.7K $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 Rate 5%
$2,033,500
Cap Rate 7%
$1,452,500
Cap Rate 9%
$1,129,722
Alternative Uses
Best Use
Specialty Retail
$1.45M
$1.27M – $1.69M
NOI $101,675 @ 7.0% cap · market cap 8.47%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.79M
$1.57M – $2.09M
NOI $125,344 @ 7.0% cap · market cap 10.45%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,170
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 44481, OH
10,258
Population
4,743
Households
2.2
Avg Household Size
49
Median Age
14%
College-Educated
89%
High-School Grad
57.0 sq mi
ZIP Area
180
Density / Sq Mi
$63,285
Median Household Income
$39,597
Median Earnings
$738
Median Rent
$160,600
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Midwest region
Frequently Asked Questions
What type of property is this?
Conventional restaurant - Corner-lot restaurant property with an adjacent events center near downtown Warren attractions.
Where is this conventional restaurant located?
The property is located at 439 E Market St Warren, OH.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: 9,434‑square‑foot restaurant property; Includes bar and coffee shop components; Adjacent events center included
