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Property profile & analytics
OFF-MARKET
Turn key restaurants

41 Main St Niles, OH 44446-5011

4,096 SF 0.46 ac lot Built 1976
Entity Owned 3-yr Hold ~ Est. High Equity
Property ID
US66-2283890
Property summary
AI-generated overview

This exceptional downtown Niles restaurant presents a unique investment opportunity. The property boasts a prime location on S Main Street, capitalizing on high traffic from two major throughways, thanks to multiple entrances. The attractive brick building features sleek design, abundant glasswork, and multiple patio areas, including a charming rear patio perfect for warm weather dining. A large refrigeration unit simplifies deliveries. Inside, a welcoming lobby offers fresh baked goods, leading to a spacious dining room with booths and tables, complemented by industrial-style ceilings. A prominent fireplace and mantle serve as a focal point, mirroring the bar area which includes a central fountain, wine wall, hidden coolers, and a jukebox. Tastefully updated restrooms are conveniently located. An enclosed courtyard provides an open-air dining experience with gas fireplaces, couches, and roll-up doors opening to the patio. The fully equipped kitchen features four broiler ovens, a range, flattop, fry section, hot and cold prep areas, canning and ice chests, and a dishwashing station. The lower level includes multiple offices, two restrooms, basement cooler access, and ample storage. The 0.46-acre lot provides ample space. This turnkey operation is ready for a new owner to take it to the next level.

Property profile
Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1976
Construction BRICK
Total area 4,096 SF
Lot 0.46 ac (20,038 SF)
APN 25-612320
UPID US66-2283890
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
Current use
Occupant on record · Public records
  • Jerry Immediate Dental Niles Dental Office
  • Stoneyard Grill & Tavern Restaurant
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
Durst Industries LLC · 3 yrs held
Durst Industries LLC
since 2022
Last sale
$450,000
2 recorded transactions
2022
$450,000
2011
$129,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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