Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    1241 Greenville Rd Cortland, OH 44410

    Sponsored
    For Sale
    $285,000

    Prime Lakefront Restaurant & Apartment

    Property size:
    3,380 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional mixed-use property in Cortland, Ohio, presents a lucrative investment opportunity. Located at 1241 Greenville Rd NE, 44410, this 3,380 square foot building boasts a thriving restaurant on the ground floor, ideally situated on the west side of Mosquito Lake Causeway, a highly trafficked area benefiting from a strong fishing and boating community. The restaurant is currently operational and includes all equipment and display cases, which will convey with the sale. Upstairs, a spacious 3-bedroom, 1-bathroom apartment offers versatile potential

    Property Features for 1241 Greenville Rd

    General Information

    Property type
    Mixed-use properties
    Square Feet
    3,380 SF

    HighLights

    • Exceptional mixed‑use investment opportunity in Cortland, Ohio.
    • 3,380 square foot building at 1241 Greenville Rd NE, 44410.
    • Thriving restaurant on ground floor with all equipment included.
    • Prime location on Mosquito Lake Causeway, high traffic area.
    • Upstairs features a spacious 3‑bedroom, 1‑bathroom apartment.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Building Supply Hotel & Motel Department Store Discount Store Tailor Shop Breakfast

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Cortland
    County
    Trumbull
    State
    Ohio
    Longitude
    -80.776742144137
    Latitude
    41.390688939688

    Nearby Comparable

    • $285,000
      0.40 Acres

      Cortland Mixed-Use Investment Opportunity

      Restaurant, Apartment, High Traffic Location
      1241 Greenville Rd, Cortland, OH 44410
      View Details
    • $285,000
      0.40 Acres

      Cortland Commercial Property

      Mixed-use property, great investment!
      1241 Greenville Rd, Cortland, OH 44410
      View Details
    • $900,000
      2,042 SF

      Retail Property in Cortland, Ohio

      Retail property available for sale in Cortland, Ohio.
      2576 Davis Peck Rd, Cortland, OH 44410
      View Details
    • $260,000
      8,778 SF

      Cortland, OH Storefront - $260K

      Prime Retail Space, High Occupancy
      252 Main St, Cortland, OH 44410
      View Details
    • $260,000
      8,778 SF

      Established Dog Care Facility

      Two-story dog care facility with grooming amenities and updated systems.
      252 W Main St, Cortland, OH 44410
      View Details
    • $119,900
      3,840 SF

      Downtown Cortland Mixed-Use Property

      Prime Cortland location, mixed-use building, great income potential.
      211 Main St, Cortland, OH 44410
      View Details
    • $399,000
      0.46 Acres

      Cortland Commercial Property: Prime Location

      High-return investment opportunity in Cortland, Ohio.
      3637 State Route 5, Cortland, OH 44410
      View Details
    • $325,000

      Land Available in Cortland, OH

      Land for sale at 3582 State Rte 5, Cortland, OH.
      3582 State Route 5, Cortland, OH 44410
      View Details
    • $325,000

      Land For Sale Cortland, OH

      Land available for sale in Cortland, Ohio.
      2282 Wilson Sharpsville Rd, Cortland, OH 44410
      View Details

    Nearby Similar for Sale

    • $260,000
      8,778 SF

      Established Dog Care Facility

      Two-story dog care facility with grooming amenities and updated systems.
      252 W Main St, Cortland, OH 44410
      View Details
    • $900,000
      2,042 SF

      Retail Property in Cortland, Ohio

      Retail property available for sale in Cortland, Ohio.
      2576 Davis Peck Rd, Cortland, OH 44410
      View Details
    • $285,000
      0.40 Acres

      Cortland Mixed-Use Investment Opportunity

      Restaurant, Apartment, High Traffic Location
      1241 Greenville Rd, Cortland, OH 44410
      View Details
    • $119,900
      3,840 SF

      Downtown Cortland Mixed-Use Property

      Prime Cortland location, mixed-use building, great income potential.
      211 Main St, Cortland, OH 44410
      View Details
    • $260,000
      8,778 SF

      Cortland, OH Storefront - $260K

      Prime Retail Space, High Occupancy
      252 Main St, Cortland, OH 44410
      View Details

    FAQs

    What type of property is this?
    Mixed-use property - Prime Lakefront Restaurant & Apartment
    Where is this mixed-use property located?
    The property is located at 1241 Greenville Rd Cortland, OH.
    What is the asking price?
    The asking price for this property is $285,000.
    What are key features of this property?
    This property features: Exceptional mixed-use investment opportunity in Cortland, Ohio.; 3,380 square foot building at 1241 Greenville Rd NE, 44410.; Thriving restaurant on ground floor with all equipment included.
    (330) 540-1141
    Request Owner's contact information
    1241 Greenville Rd Cortland, OH 44410
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1241 Greenville Rd
    Cortland, OH 44410
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1241 Greenville Rd Cortland, OH 44410
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.