Turnkey Restaurant Redevelopment
For Sale
Contact for pricing
71 5th St SE, Barberton, OH
5,355 SF restaurant/redevelopment site on 0.96 acres for sale/lease.
Property Size5,355 SF
Lot Size0.96 Acres
Price / SF$121.20
Days on Market408
Property Features for 71 5th St SE
General Information
Standard status
Active
Size
5,355 SF
Lot size
0.96 Acres
Property subtype
RETAIL
Lease Type
Modified Gross
Properties For Sale
at 71 5th St SE
71 5th Street SE
AVAILABLE, Now
Floor
Bldg
Size
5,355 SF
Type
RETAIL
Lease Type
MODIFIED_GROSS
Sublease
No
Turnkey Restaurant / Redevelopment Site for Sale, Lease or Land Lease
Incredible Opportunity for a Buyer, Tenant or Developer: 5,355 SF building / .96 acre site on heavily traveled 619 (5th St SE) in Barberton, OH
Minutes from Hospital, Retail, Restaurants, Banking and Residential
Turnkey restaurant recently remodeled with furniture, fixtures and equipment
Building is easily adaptable for mixed use such as medical or specialty
Great site for redevelopment
Owner would consider a ground lease (contact agents for details)
Built in 1972 with newer roof and mechanicals
PPN: 0100614
Real Estate Taxes $7,340 annual
Contact us
Listing Agency:
Hoff & Leigh
(330) 940-9360
Listed By:
Jeff Davis · License #2001007317
(330) 351-5202
Source:
Moodyscre
Added: Aug 25, 2025
Changed: Oct 3
Last Checked: Oct 5 at 8:55PM
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 Hoff & Leigh
Investment Insights
Based on property information with market context.
This property presents an opportunity for purchase, lease, or land lease. It features a 5,355-square-foot building situated on a 0.96-acre site located on heavily traveled 5th St SE (619) in Barberton, OH. The site is conveniently located minutes from a hospital, retail establishments, restaurants, banking facilities, and residential areas. The turnkey restaurant has been recently remodeled and includes furniture, fixtures, and equipment. Constructed in 1972, the building has a newer roof and mechanical systems. The building is adaptable for mixed-use purposes, such as medical or specialty services. The owner would consider a ground lease. The annual real estate taxes are $7,340.
Key Highlights
- Turnkey restaurant opportunity with recent remodel, including furniture, fixtures, and equipment.
- High‑traffic location on heavily traveled 619 (5th St SE) in Barberton, OH.
- Redevelopment potential on a .96 acre site.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$33,928
Cap Rate
5.23%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$678,560
$678.6K
Cap Rate 7%
$484,686
$484.7K
Cap Rate 9%
$376,978
$377.0K
Market Conditions
NOI Build-Up for 5,355 SF
Gross rent
$50.1K $9.36/SF
− Vacancy
−$1.7K −$0.31/SF
EGI
$48.5K $9.05/SF
− OpEx
−$14.5K −$2.72/SF
NOI
$33.9K $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 Rate 5%
$678,560
Cap Rate 7%
$484,686
Cap Rate 9%
$376,978
Alternative Uses
Best Use
Specialty Retail
$925.4K
$809.8K – $1.08M
NOI $64,780 @ 7.0% cap · market cap 9.98%
Second Best
Retail
$484.7K
$424.1K – $565.5K
NOI $33,928 @ 7.0% cap · market cap 5.23%
Theoretical Best
Office A
$1.31M
$1.15M – $1.53M
NOI $91,992 @ 7.0% cap · market cap 14.17%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
662
Businesses Nearby
93k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 39%
Shops & Services 38%
Dining 18%
Electronics 4%
Giant Eagle Supermarket
Groceries
36,510 visits/mo
0.1 miles
GetGo Gas Station
Shops & Services
12,086 visits/mo
0.1 miles
Chipotle Mexican Grill
Dining
10,338 visits/mo
0.1 miles
Huntington Bank
Shops & Services
7,706 visits/mo
0.2 miles
Chase Bank
Shops & Services
6,502 visits/mo
0.1 miles
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Restaurant - 5,355 SF restaurant/redevelopment site on 0.96 acres for sale/lease.
Where is this restaurant located?
The property is located at 71 5th St SE Barberton, OH.
What is the asking price?
The asking price for this property is $649,000.
What are key features of this property?
This property features: Turnkey restaurant opportunity with recent remodel, including furniture, fixtures, and equipment.; High‑traffic location on heavily traveled 619 (5th St SE) in Barberton, OH.; Redevelopment potential on a .96 acre site.
