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Second-Generation Restaurant Building
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517 N Main St, Niles, OH 44446

Second-generation restaurant building zoned B3 with a commercial hood and room for indoor seating.

Property Size3,024 SF
Price / SF$95.57
Days on Market519

Property Features for 517 N Main St

General Information

Standard status Active
Size 3,024 SF
Property subtype RETAIL
Zoning B3

Additional Details

Commercial Hood Yes
Listing Agency: Platz Realty Group
Listed By: Gary Lasko
Source: Moodyscre
Added: Apr 15, 2025 Changed: Sep 6 Last Checked: Sep 14 at 6:40AM

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.

Second-generation restaurant building for sale in Niles, OH. The building measures 3,024 SF and includes a 12-foot hood designed for foodservice operations, along with plenty of room for indoor seating.

Traffic counts indicate over 13,000 vehicles drive by everyday, supporting strong daily visibility. The property is close to McDonalds and Dunkin Donuts, and it is zoned B3.

In addition to restaurant use, the B3 zoning supports alternative uses such as retail stores, specialty shops, and office space for businesses or professional use.

Key Highlights

  • 3,024 SF second‑generation restaurant building
  • 12‑foot hood for foodservice operations
  • Zoned B3 with alternative use potential including retail and office

Property Analytics

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Current Use

Chef Peng Restaurant

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Spa & Massage Center Pharmacy Auto Parts Store

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

Lease Details

Yes
Commercial hood

Location Intelligence

Trade Area within ½ mile

403
Businesses Nearby
88k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 36% Groceries 32% Shops & Services 30% Electronics 3%
Giant Eagle Supermarket Groceries
27,860 visits/mo 0.4 miles
McDonald's Dining
16,562 visits/mo 0.1 miles
Speedway Shops & Services
11,743 visits/mo 0.4 miles
Dunkin' Donuts Dining
8,439 visits/mo 0.1 miles
Sunoco Shops & Services
8,279 visits/mo 0.1 miles

Demographics for 44446, OH

20,173
Population
10,476
Households
1.9
Avg Household Size
44
Median Age
21%
College-Educated
92%
High-School Grad
14.0 sq mi
ZIP Area
1,441
Density / Sq Mi
$49,779
Median Household Income
$35,596
Median Earnings
$786
Median Rent
$108,800
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

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Second-generation restaurant building zoned B3 with a commercial hood and room for indoor seating.
Where is this conventional restaurant located?
The property is located at 517 N Main St Niles, OH.
What is the asking price?
The asking price for this property is $289,000.
What are key features of this property?
This property features: 3,024 SF second‑generation restaurant building; 12‑foot hood for foodservice operations; Zoned B3 with alternative use potential including retail and office
(330) 509-4546 Call to check price and availability
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