861 Wooster Road W

$229,000 (Sale)

861 Wooster Road West, Barberton, OH 44203

Flyer

Property Details

Property Type: Mixed Use
Building Size: 5,800 SF
Lot Size: 0.1465 Acres
Zoning: C-2 Neighborhood Commercial District

Overview

For sale- Income producing stand-alone mixed use building. The building is composed of a street level restaurant/bar (currently vacant), and an upper level with 2 apartments: one bed/one bath, two bed/one bath. All utilities including water are separated. Features include a fully operating commercial kitchen, newer roof, well maintained mechanicals, A/C, basement, easy access on hard corner and to interchanges. All FF&E are included.

Potential to obtain the adjacent city owned lot directly to the west; additional parking.

Ideal for an owner/operator to earn passive income or an investor to convert to multifamily and/ or retail/services.

Simple Pro-Forma:

Income – $37,500

Expenses – $7,000

NOI – $30,500

Cap Rate – 13%