709 Lincolnway Minerva, OH 44657-1209
This exceptional 3,583-square-foot quick-service restaurant (QSR) property, formerly a Hardee's/Carl's Jr., is available for sale or lease. Situated on a 1.15-acre lot in Minerva, Ohio, this freestanding building boasts over 225 feet of frontage on East Lincolnway, providing excellent visibility and accessibility. The property features ample parking with over 35 spaces to accommodate customers. High traffic counts of 9,757 vehicles per day (VPD), as reported by ODOT TIMS, underscore the location's strong potential. The surrounding area boasts an average household income of $84,615 within a 15-minute drive, indicating a robust consumer base. Minerva, a village in Stark County, offers a charming community atmosphere with parks, local shops, and annual events. The property's proximity to other established businesses, including McDonald's, Sandy Springs Brewing Company, Pizza Hut, Domino's, Dairy Queen, Consumers National Bank, and Dunkin', further enhances its desirability. This turnkey opportunity presents a unique chance to establish or expand a thriving food service business in a vibrant community. The property's size, location, and existing infrastructure make it an ideal investment for a variety of QSR concepts.
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
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.