Property profile

1494 Waterloo Rd Barberton, OH 44203

OFF-MARKET
Turn key restaurants
Property ID
US66-1222773
1,946 SF 0.76 ac lot Built 1953
Individually Owned 1-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional Barberton, OH commercial property presents a unique investment opportunity. The 3,234 square foot building sits on a 0.76-acre lot and offers two distinct income-generating spaces. First, a fully equipped 2,000 square foot restaurant/diner featuring an exhaust hood and additional kitchen equipment is ready for immediate operation or lease. The second space is a 1,300 square foot block warehouse, complete with two convenient drive-in doors, ideal for storage, distribution, or a variety of other commercial uses. The property's strategic location near the intersection of I-76 and SR 224 ensures high visibility and accessibility, maximizing its potential for attracting customers and tenants. This prime location offers significant advantages for businesses seeking a strong presence in a busy commercial area. The property's versatility allows for diverse income streams, making it an attractive investment for both seasoned and emerging entrepreneurs. The combination of a well-equipped restaurant and a functional warehouse provides a unique opportunity to capitalize on multiple market segments. This is a rare chance to acquire a substantial commercial property with significant upside potential in a desirable location. The asking price is $210,000.

Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1953
Total area 1,946 SF
Lot 0.76 ac (33,106 SF)
APN 01-05518
UPID US66-1222773

Cap rate & NOI

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

Location

1494 Waterloo Rd Barberton, OH 44203-1137
Barberton metro Census 510200 AKRON, OH METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$140k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$140k

Owner & transaction history

since 2024
Last sale
$140,000
4 recorded transactions
2024
Price N/A
2014
Price N/A
2005
$140,000
1997
$39,800

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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