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Retail Storefront with Walk-In Cooler

726 E Lincoln Way, Minerva, OH 44657

For Sale
$485,000

CommercialSale, Minerva, OH

Property Size3,000 SF
Lot Size0.33 Acres
Price / SF$161.67
Days on Market136

Property Features for 726 E Lincoln Way

General Information

Property type Commercial Sale
Property subtype Other
Subdivision Village/Minerva
Elementary school district Minerva LSD - 7610
Middle school district Minerva LSD - 7610
High school district Minerva LSD - 7610
Directions 726 Lincoln Way
Standard status Active
APN 04201600
Lot size 0.33 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description 510-36.75'ES;512 WH;514-10'WE
Tax Annual Amount 5775
Legal Description 510-36.75'ES;512 WH;514-10'WE

Utilities

Heating system Electric (Heating)

Amenities

covered front porch veranda
walk-in cooler

Building Details

Year built 1965
Buildings 1
Listing Agency: Cutler Real Estate
Listed By: Rich Motts · License OH #305935
Added: Jul 1 Changed: Nov 6 Last Checked: Nov 13 at 6:06AM
MLS# 5224413

Copyright © 2026 MLS Now. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This 3,000-square-foot storefront sits on a 0.334-acre parcel and was built in 1965. The main building measures 60 feet by 50 feet, with electric heat. A 12-foot-by-28-foot walk-in cooler is already in place. Across the front, an 8-foot-deep covered porch extends the full 60-foot building width; storefront glass measures 6 feet 6 inches high by 34 feet wide. The property includes 22 parking spaces.

The site is at 726 E Lincoln Way in Minerva, along the Lincoln Way commercial corridor. The Bell Store is across the street, and nearby businesses include McDonald’s, Dairy Queen, and Huntington Bank.

Key Highlights

  • 3,000‑square‑foot main building on a 0.334‑acre parcel
  • 12‑foot‑by‑28‑foot walk‑in cooler
  • 22 parking spaces

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$32,636
Cap Rate
6.73%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$652,720 $652.7K
Cap Rate 7%
$466,229 $466.2K
Cap Rate 9%
$362,622 $362.6K
Market Conditions
NOI Build-Up for 3,000 SF
Gross rent
$45.0K $15.00/SF
− Vacancy
−$1.5K −$0.50/SF
EGI
$43.5K $14.50/SF
− OpEx
−$10.9K −$3.63/SF
NOI
$32.6K $10.88/SF
Area
Stark County, OH
Vacancy
3.30%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$652,720
Cap Rate 7%
$466,229
Cap Rate 9%
$362,622

Alternative Uses

Best Use
Retail
$783.3K
$685.4K – $913.8K (±1% cap)
NOI $54,829 @ 7.0% cap · market cap 11.30%
Second Best
Specialty Retail
$466.2K
$408.0K – $543.9K (±1% cap)
NOI $32,636 @ 7.0% cap · market cap 6.73%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Real Estate Agency HVAC Service Grocery & Convenience Store Kitchen & Bath Showroom Bakery Skin Care Clinic

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

Location Intelligence

Trade Area within ½ mile

310
Businesses Nearby
30k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 70% Shops & Services 30%
McDonald's Dining
15,036 visits/mo 0.2 miles
Huntington Bank Shops & Services
4,763 visits/mo 0.2 miles
Hardee's Dining
3,978 visits/mo 0.0 miles
Gulf Oil Shops & Services
3,608 visits/mo 0.5 miles
Pizza Hut Dining
1,726 visits/mo 0.4 miles

Demographics for 44657, OH

9,916
Population
4,540
Households
2.2
Avg Household Size
44
Median Age
10%
College-Educated
90%
High-School Grad
63.2 sq mi
ZIP Area
157
Density / Sq Mi
$60,490
Median Household Income
$41,190
Median Earnings
$795
Median Rent
$157,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Properties on Market for Storefront properties in Stark County

Jul
Aug
Sep
Oct

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025

Similar Off Market Nearby

  • Designs By Terry — 202 E Lincolnway, Minerva, OH 44657

Frequently Asked Questions

What type of property is this?
Storefront property - An expansive covered entry and broad storefront glazing provide space for merchandise display.
Where is this storefront property located?
The property is located at 726 E Lincoln Way Minerva, OH.
What is the asking price?
The asking price for this property is $485,000.
What are key features of this property?
This property features: 3,000‑square‑foot main building on a 0.334‑acre parcel; 12‑foot‑by‑28‑foot walk‑in cooler; 22 parking spaces
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