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Property profile & analytics

205 2Nd St Barberton, OH 44203

  • Turn key restaurants
  • 1,952 SF
  • 0.11 lot acres
Value Estimation
Location Intelligence
Property ID
US66-1773902
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Turn key restaurants

Property Details for 205 2Nd St

Year built
1923
Lot size
0.11 lot acres
Property size
1,952 SF
Property type
Turn key restaurants
APN
01-01298
APU
101298

Description

This charming and well-established restaurant located at 205 2nd Street NW in Barberton, Ohio, presents a unique turnkey opportunity for a new owner. Boasting a loyal customer base and a reputation for delicious food and friendly service, this business is ready to continue its success under new management. The current owners are retiring and are willing to assist with a smooth transition, ensuring a seamless handover of operations. The building itself sits on a 0.11-acre lot and includes all necessary equipment for immediate operation. This includes three freezers, a sterilizer, an ice machine, a grill, and all other essential restaurant equipment. Recent upgrades significantly enhance the property's value and operational efficiency. These improvements include a new hot water tank (2023), a rooftop furnace (2023), a furnace and A/C unit (2022), a replumbed kitchen (2024), and a new grease trap (2024). The sale includes both the business and the building, offering a complete package for a prospective buyer. This is a rare chance to acquire a thriving, well-loved restaurant in a desirable downtown location. The asking price for this exceptional opportunity is $249,900.

Value Estimation

by Realmo proprietary methodology Last update: July 3, 2025
  • AI approach

    CAP return
    Estimation
    Estimation
    $240,000
  • CAP approach

    CAP return
    Estimation
    6%
    $325,000
    6.5%
    $325,000
    7%
    $315,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $355,000
    Geo Method
    $360,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $385,000
    Retail
    $275,000
    Mixed-Use
    $375,000
    Hospitality
    $290,000
    Educational
    $350,000
    Residential Income
    $365,000
    Energy
    $325,000
    Income-Based Land
    $310,000
    Food Service
    $290,000

Location Insight

  • Map
  • Local Demand
City
Barberton
County
Summit
State
Ohio
Longitude
-81.6072
Latitude
41.0162
CBSA code
10420
CBSA name
AKRON, OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$2,605
$8,400
$31,770
$40,170
-
$24,000
$90,760
$114,760
More about this property
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