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    OFF-MARKET
    Turn key restaurants

    25 Madison St, Leetonia, OH 44431-1161

    2,712 SF 0.38 ac lot Built 1960
    Individually Owned 3-yr Hold Free & Clear
    Property ID
    US66-0432023
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Turn key restaurants
    Use group RESTAURANT
    Year built 1960
    Total area 2,712 SF
    Lot 0.38 ac (16,379 SF)
    APN 58-00055-000
    UPID US66-0432023
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Blair Whitman · 3 yrs held
    Blair Whitman
    since 2023
    Last sale
    $164,196
    3 recorded transactions
    2023
    2020
    $164,196
    2019
    $75,000
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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