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Property profile & analytics
OFF-MARKET
Retail space

1241 Greenville Rd Cortland, OH 44410-9533

3,381 SF 0.4 ac lot Built 1920
Entity Owned ~ Est. High Equity
Property ID
US66-2269809
Property summary
AI-generated overview

This exceptional mixed-use property, situated at 1241 Greenville Road in Cortland, Ohio, presents a unique investment opportunity. The 0.4-acre lot hosts a well-established restaurant currently operating on the ground floor. The restaurant's equipment and display cases are included in the sale, providing a turnkey operation for a new owner. Above the restaurant is a spacious three-bedroom, one-bathroom apartment, ideal for owner occupancy or leasing to generate additional income. The upper level apartment offers flexibility for the new owner. The building's history includes a lower level previously used as a bait shop, selling hunting and fishing licenses. This suggests strong potential for various retail ventures catering to the local community and tourists visiting nearby Mosquito Lake Causeway, where the property enjoys a prominent west-side location. The property's versatile layout and prime location make it suitable for a variety of uses, allowing for creative adaptation to meet the needs of a new business owner. The asking price is $285,000. This presents a compelling opportunity for investors and entrepreneurs seeking a profitable venture in a high-traffic area. The property's existing infrastructure and equipment significantly reduce start-up costs, making it an attractive investment with immediate income potential.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1920
Total area 3,381 SF
Lot 0.4 ac (17,537 SF)
APN 35-046500
UPID US66-2269809
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Solomon Stands LLC
Solomon Stands LLC
since 2026
Last sale
$175,000
7 recorded transactions
2026
$245,000
2026
$130,000
2022
$130,000
2022
$175,000
2019
Price N/A
2018
$175,000
2017
$160,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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