861 Wooster Rd Barberton, OH 44203
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Income-producing, mixed-use building.
Property size:
5,800 SFProperty Features for 861 Wooster Rd
General Information
- Property type
- Mixed-use properties
- Square Feet
- 5,800 SF
- Lot Size
- 6,360 SF
Listing Agency: Hoff & Leigh Listing Agent: Chad Whitmer
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
This 5,800 square foot mixed-use building in Barberton, Ohio, presents a compelling investment opportunity. Located at 861 Wooster Rd W, this property sits on a 0.146-acre lot zoned C-2 Neighborhood Commercial District. Currently configured as a street-level restaurant/bar (currently vacant) and two upper-level apartments (one 1-bedroom/1-bathroom, one 2-bedroom/1-bathroom), it offers significant conversion potential for multifamily or retail/service uses. The building boasts separated utilities, including water, a newer roof (installed within the last five years), and a fully operational commercial kitchen. All furniture, fixtures, and equipment (FF&E) are included in the sale. The property benefits from a hard corner location, convenient bus route access, and a basement. A potential exists to acquire an adjacent city-owned lot, providing additional parking. The asking price is $229,000, representing a price per square foot of $39.48. Financial projections indicate a potential net operating income (NOI) of $30,500, resulting in a 13% capitalization rate. This property is ideal for owner-operators seeking passive income or investors looking to reposition the asset.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Commercial real estate
Location Insight
- Map
- Local Demand
- City
- Barberton
- County
- Summit
- State
- Ohio
- Longitude
- -81.6210294
- Latitude
- 41.0113906
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FAQs
What type of property is this?
Mixed-use property - Income-producing, mixed-use building.
Where is this mixed-use property located?
The property is located at 861 Wooster Rd Barberton, OH.
What is the asking price?
The asking price for this property is $229,000.
What are key features of this property?
This property features: $229,000 asking price for a 5,800 SF mixed-use building.; Located at 861 Wooster Rd W, Barberton, OH 44203, on a 0.146-acre lot, zoned C-2.; Currently configured as a ground-floor restaurant/bar (vacant) and upper-level apartments (one 1-bed/1-bath, one 2-bed/1-bath).
