127 S Main St - Freestanding FOR SALE


Creston, OH 44217
$275,000 USD
216-374-3689
127 S Main St, Creston, OH for Sale
$275,000 USD
Freestanding - FOR SALE
1/11
null | Request Cap Rate

127 S Main St
Creston, OH 44217


HIGHLIGHTS

  • Turnkey Restaurant – Pike Station
  • Apartment: large, income-producing three-bedroom apartment with separate utilities, currently rented for $1,050/month
  • Lots of recent renovations & upgrades
  • All kitchen equipment stays
  • Prime locaation

OVERVIEW

This prime mixed-use property in the heart of Creston presents an excellent investment opportunity or a chance to run an owner-occupied business/restaurant. The first floor features Pike Station, a turnkey breakfast restaurant with a 50-person capacity, fully equipped with a hood system, walk-in cooler, freezers, deep fryers, pizza ovens, and other essential equipment. The second floor hosts a spacious, income-generating three-bedroom apartment with separate utilities, currently rented for $1,050/month on a month-to-month basis. Recent updates include new electrical systems, a hot water tank, furnace, countertops, new kitchen floors and cabinets on the second floor, and updated lighting. The property also boasts renovated bathrooms, security cameras, and a full basement with a walk-in cooler, ice machine, freezer, and exterior access. Situated on South Main Street in Creston's primary commercial corridor, this property enjoys a prime location that attracts both local and regional traffic, conveniently positioned between the Akron, Medina, and Wooster markets.

FOR SALE DETAILS

PRICE

$275,000 USD

PRICE/SF

$92 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Pike Station Restaurant

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1882

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.17 AC

LAND SF

7,547 SF

ZONING

Retail

APN/PARCEL ID

09-00159-000,09-00166-000

ASK ABOUT THIS PROPERTY

Kas FilippovaeXp CommercialMore Info
216-374-3689

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Kas FilippovaeXp CommercialMore Info
216-374-3689

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.