25 Madison St Leetonia, OH 44431
- Turn key restaurants
- 2,712 SF
- 0.38 lot acres
Current Use by Public Records
- Turn key restaurants
Property Details for 25 Madison St
- Year built
- 1960
- Lot size
- 0.38 lot acres
- Property size
- 2,712 SF
- Property type
- Turn key restaurants
- APN
- 58-00055-000
- APU
- 5800055000
Description
This exceptional commercial property, located at 25 Madison Street in Leetonia, Ohio, presents a unique investment opportunity. The 2700 square foot building sits on a 0.38-acre lot and is offered at $175,000. The property boasts a spacious interior, ideal for a variety of culinary concepts. The layout includes an oversized dining area, a 16-seat bar, and two well-appointed restrooms. The fully equipped commercial kitchen is a chef's dream, featuring top-of-the-line appliances and a walk-in deep freezer for efficient food storage. Beyond the interior, a large patio provides ample outdoor seating, perfect for al fresco dining. Additional storage space is available outside the building, offering further convenience and flexibility. This versatile space is ready for immediate occupancy and presents endless possibilities for a new owner. Its prime location in the heart of Leetonia offers excellent visibility and access to a thriving community. This is a rare chance to acquire a turnkey restaurant in a desirable location, ready for a new culinary vision to flourish. The property's features and location make it an attractive investment for entrepreneurs seeking to establish or expand their business in the Leetonia area.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $140,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $205,000
- 6.5%
- $195,000
- 7%
- $205,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $210,000
- Geo Method
- $200,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $175,000
- Retail
- $185,000
- Mixed-Use
- $210,000
- Hospitality
- $190,000
- Educational
- $200,000
- Residential Income
- $180,000
- Energy
- $195,000
- Income-Based Land
- $185,000
- Food Service
- $210,000
Location Insight
- Map
- Local Demand
- City
- Leetonia
- County
- Columbiana
- State
- Ohio
- Longitude
- -80.7559
- Latitude
- 40.8759
- CBSA code
- 41400
- CBSA name
- SALEM, OH MICROPOLITAN STATISTICAL AREA