Property profile

701 Murray Ave Minerva, OH 44657

OFF-MARKET
Turn key restaurants
Property ID
US66-2304760
2,756 SF 0.3 ac lot
Entity Owned 13-yr Hold Free & Clear
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Property summary

AI-generated overview

This 2,756-square-foot commercial building is located in Minerva, Ohio, on a 0.3-acre lot. The layout includes a large bar area and a billiard room, along with a drive-thru/carry-out setup featuring a window attached to a walk-in cooler and a kitchen equipped with cooking and refrigeration equipment (grill, fryer, freezer, commercial refrigerator, and walk-in cooler). The building has a partial basement and is served by 200-amp electric service, gas forced-air (FA) heat, and central air, plus a 15-by-18-foot addition that was built to expand the kitchen area. Restroom facilities are configured as separate “his and hers” restrooms. An upstairs one-bedroom apartment is included. Building systems and features include a metal roof replacement completed in 2023, kitchen equipment updates completed in 2022, and a furnace and central air installed within the last six years. Security is provided by an interior and exterior 16-camera system. The property is associated with a Class D5 liquor license and would require connection to the city sewer for operation.

Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Construction BRICK
Total area 2,756 SF
Lot 0.3 ac (13,068 SF)
APN 04-0000354.000
UPID US66-2304760

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Bar & Pub

Location

701 Murray Ave Minerva, OH 44657-1735
Minerva metro Census 720200 CANTON-MASSILLON, OH METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history

since 2013
Last sale
$72,600
1 recorded transaction
2013
$26,000

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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