Trumbull County 2.5 Acre South Canal, OH 44444
- Retail properties
- 14,986 SF
- 2.50 lot acres
Current Use by Public Records
- Retail properties
Property Details for 0 Trumbull County 2.5 Acre
- Year built
- 1986
- Lot size
- 2.50 lot acres
- Property size
- 14,986 SF
- Property type
- Retail properties
- Property subtype
- Restaurants
Description
This exceptional turnkey restaurant facility in Newton Falls, Ohio, presents a unique investment opportunity. Situated on a 2.5-acre lot in Trumbull County, this single-story building boasts 14,986 square feet of net rentable space, constructed in 1986. The property offers three distinct income streams, ensuring a robust return on investment. A well-established evening restaurant and bar operates five days a week, generating consistent revenue. Furthermore, a thriving banquet center is booked well into 2023, providing a steady stream of additional income. A ghost kitchen for offsite food services adds another layer of revenue generation, maximizing the property's potential. The property is completely turnkey, requiring no immediate maintenance or upgrades. All furnishings are included in the sale, along with the valuable liquor license. This comprehensive package offers a rare opportunity to acquire a profitable, established business with significant growth potential. The asking price is $1,490,000. The property is located at a specific address in Trumbull County, Ohio, zip code 44444. This prime location offers excellent visibility and accessibility. This is a truly exceptional opportunity for a savvy investor seeking a high-return, established business.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- South Canal
- County
- Trumbull
- State
- Ohio
- Longitude
- -80.9761
- Latitude
- 41.1774