Property profile

127 Main St Creston, OH 44217

OFF-MARKET
Turn key restaurants
Property ID
US66-1117309
3,564 SF 0.06 ac lot Built 1882
Individually Owned 1-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional mixed-use property at 127 S Main Street, Creston, OH, presents a compelling investment opportunity. The 3,564 square foot building sits on a 0.21-acre lot in Creston's vibrant commercial district, benefiting from high visibility and convenient access between Akron, Medina, and Wooster. The ground floor houses Pike Station, a fully operational breakfast restaurant with a seating capacity of 50. The restaurant is equipped with a comprehensive array of commercial kitchen appliances, including a hood system, walk-in cooler and freezers, deep fryers, and pizza ovens – a truly turnkey operation. Upstairs, a spacious three-bedroom apartment generates consistent rental income, currently leased month-to-month at $1,050 per month. Recent renovations have significantly enhanced the property's value and functionality. These updates include a new electrical system, hot water tank, and furnace, along with new kitchen cabinets and flooring, updated lighting, and renovated bathrooms on the second floor. Security cameras provide added peace of mind. A full basement, accessible from the exterior, offers additional storage space and includes a walk-in cooler, ice machine, and freezer. This property's prime location, coupled with its income-generating potential and recent upgrades, makes it an attractive investment for both business owners and investors seeking a strong return. The asking price is $275,000.

Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1882
Total area 3,564 SF
Lot 0.06 ac (2,696 SF)
APN 09-00159-000
UPID US66-1117309

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Restaurant

Location

127 Main St Creston, OH 44217-9238
Creston metro Census 2400 WOOSTER, OH MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$95k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$105k

Owner & transaction history

since 2025
Last sale
$140,000
5 recorded transactions
2025
$181,500
2022
$140,000
2021
Price N/A
2020
$139,000
2016
$140,000

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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