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AUCTION - Historic Downtown Bldg-Dec. 3 @ 1p 10714 Main St 15,000 SF 83% Leased Retail Building Mantua, OH 44255 For Sale
INVESTMENT HIGHLIGHTS
- Turnkey Restaurant Opportunity
- Income Producing Apartments
- Great Downtown Location
EXECUTIVE SUMMARY
REAL ESATE AUCTION - WED. DEC. 3 @1PM Bidding to be Live and Onsite w/online Bidding Available @ www.DuttonAuctions.com. Great Opportunity to purchase a Historic (former Ford Model T production facility) Mixed-Use Commercial Property in the Heart of the village of Mantua Village. This historic mixed-use property features a fully equipped restaurant space on the first floor (formerly Italiano’s Pizza & Catering), complete with dining area, outdoor patio, D1 liquor license, and located within Mantua’s DORA (Designated Outdoor Refreshment Area) district. All restaurant equipment and inventory included—ready to open immediately. The first floor also includes four large garage buildings in the back, all presently leased for additional revenue. The second floor of the building offers four residential apartments, currently generating consistent rental income. This property is perfect for owner-operators, investors, or entrepreneurs seeking a unique, income-producing asset in a growing community in Portage County just minutes from I80 turnpike. Don't wait!, take advantage of this Income-generating investment property with multiple revenue streams and Schedule your showing today! Schedule your showing today!
Key Features:
• Prime village location
• D1 liquor license included
• Restaurant equipment & inventory included (turnkey)
• Outdoor dining patio
• 4 income-producing apartments
• 4 rented garage bays
• Located in Mantua's DORA district
• Income-generating investment with multiple revenue streams
Perfect for owner-operators, investors, or entrepreneurs seeking a unique, income-producing asset in a growing community.
Key Features:
• Prime village location
• D1 liquor license included
• Restaurant equipment & inventory included (turnkey)
• Outdoor dining patio
• 4 income-producing apartments
• 4 rented garage bays
• Located in Mantua's DORA district
• Income-generating investment with multiple revenue streams
Perfect for owner-operators, investors, or entrepreneurs seeking a unique, income-producing asset in a growing community.
DATA ROOM Click Here to Access
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Net Operating Income |
-
|
-
|
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
PROPERTY FACTS
Sale Type
Investment or Owner User
Sale Condition
Lease Option
Property Type
Retail
Property Subtype
Building Size
15,000 SF
Building Class
C
Year Built
1919
NOI
$86,547 CAD
Percent Leased
83%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.38
Lot Size
0.25 AC
Zoning
Commercial - Commercial Downtown Business
Frontage
AMENITIES
- Air Conditioning
PROPERTY TAXES
| Parcel Number | 24-041-13-00-005-000 | Improvements Assessment | $110,919 CAD |
| Land Assessment | $16,890 CAD | Total Assessment | $127,808 CAD |
PROPERTY TAXES
Parcel Number
24-041-13-00-005-000
Land Assessment
$16,890 CAD
Improvements Assessment
$110,919 CAD
Total Assessment
$127,808 CAD
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AUCTION - Historic Downtown Bldg-Dec. 3 @ 1p | 10714 Main St
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