477 Tuscarawas Ave Barberton, OH 44203-2532
This exceptional 7,200 square foot mixed-use property located at 477 W Tuscarawas Avenue, Barberton, OH, presents a rare investment opportunity. Situated on a 0.05-acre lot at a prominent corner location, this iconic brick building offers immense potential for redevelopment. Previously housing Willy's Bar, the space is adaptable to a variety of commercial uses, including retail, office, or a new bar/restaurant concept. The property includes four upstairs apartments, two of which are currently rented, providing a potential secondary income stream. Two additional apartments on the property could also generate income with some renovations. Each apartment has its own electrical service. The sale includes most of the bar equipment, such as bar stools, tables, chairs, coolers, and a draft system. Buyers are encouraged to conduct their own due diligence regarding the building's condition and potential uses. This centrally located property offers easy access to local amenities, including restaurants, banks, and the YMCA, making it an ideal location for a thriving business. The asking price is $225,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.