2723 Elm NE Rd Warren, OH 44483-2601
- Turn key restaurants
- 1,886 SF
- 0.16 lot acres
Current Use by Public Records
- Kozy Kitchen Family Restaurant Llc / Family Restaurant / Breakfast Restaurant
Property Details for 2723 Elm NE Rd
- Year built
- 1920
- Lot size
- 0.16 lot acres
- Property size
- 1,886 SF
- Property type
- Turn key restaurants
- APN
- 28-644800
- APU
- 28644800
Description
This exceptional turnkey restaurant opportunity is situated on a high-traffic corner lot at 2723 Elm Road NE in Warren, Ohio. The 1,886 square foot building sits on a 0.16-acre lot, providing ample visibility and accessibility for customers. The interior boasts a welcoming atmosphere with booth and table seating, complemented by additional bar seating. The fully equipped kitchen is a chef's dream, featuring essential commercial appliances including a reach-in cooler, chest freezer, walk-in cooler, deep fryer, and stove. This is a ready-to-operate establishment, perfect for an aspiring restaurateur or an experienced operator looking to expand their business. The property is priced at $175,000, representing a significant value for a fully operational restaurant in a desirable location. The high-traffic corner location ensures excellent exposure and potential for substantial revenue. This is a rare opportunity to acquire a well-established restaurant with all the necessary equipment and infrastructure in place. Don't miss out on this chance to own your own thriving business. Schedule a viewing to explore this exciting prospect.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $295,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $210,000
- 6.5%
- $185,000
- 7%
- $200,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $225,000
- Geo Method
- $225,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $175,000
- Retail
- $195,000
- Mixed-Use
- $210,000
- Hospitality
- $210,000
- Educational
- $215,000
- Residential Income
- $200,000
- Energy
- $230,000
- Income-Based Land
- $190,000
- Food Service
- $220,000
Location Insight
- Map
- Local Demand
- City
- Warren
- County
- Trumbull
- State
- Ohio
- Longitude
- -80.7853
- Latitude
- 41.2589
- CBSA code
- 49660
- CBSA name
- YOUNGSTOWN-WARREN-BOARDMAN, OH-PA METROPOLITAN STATISTICAL AREA
