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130 S Lyman St
Wadsworth, OH 44281
Turnkey Restaurant & Bar · Retail Property For Sale
Investment Highlights
- Located in central Wadsworth within a designated Main Street USA and less than 2 miles from I-76
- Wadsworth is the fastest growing city in Medina County and the 3rd fastest growing city in Northeast Ohio
Executive Summary
A unique value-add opportunity located in the city center of Wadsworth, OH. Current tenancy includes 9ers Breakfast, Brew & BBQ on a short-term lease, providing an opportunity for a buyer to repurpose the building for other uses, downsize the restaurant portion and multi-tenant the property adding other uses. The flexibility and location make it ideal for a variety of uses. Originally built as a recreational/warehouse/flex building, it was converted and upgraded in 2020 to a full-service restaurant and bar. Building upgrades include upgraded electrical, new RTUs, new plumbing, new grease interceptor, and more.
HIGHLIGHTS:
- Fully Sprinklered; Two (2) New 12-ton RTUs
- New Plumbing, Hot Water Heaters & 2,000-Gallon Grease Interceptor
- Upgraded Electric Service (240/480 Volt – 3-Phase)
- Full Commercial Kitchen
- Security System w/ Indoor & Outdoor Cameras
- 15 dedicated parking spaces; nearly 400 city maintained public spots, including 100+ directly behind the property (no snow removal expenses)
- City approval to construct deck on the east side of the building (fronting S. Lyman)
- Located in central Wadsworth within a designated Main Street USA and less than 2 miles from I-76
- Wadsworth is Medina County's fastest-growing city and Northeast Ohio's third fastest
- Over 16,000+ VPD on Main and Broad Streets
HIGHLIGHTS:
- Fully Sprinklered; Two (2) New 12-ton RTUs
- New Plumbing, Hot Water Heaters & 2,000-Gallon Grease Interceptor
- Upgraded Electric Service (240/480 Volt – 3-Phase)
- Full Commercial Kitchen
- Security System w/ Indoor & Outdoor Cameras
- 15 dedicated parking spaces; nearly 400 city maintained public spots, including 100+ directly behind the property (no snow removal expenses)
- City approval to construct deck on the east side of the building (fronting S. Lyman)
- Located in central Wadsworth within a designated Main Street USA and less than 2 miles from I-76
- Wadsworth is Medina County's fastest-growing city and Northeast Ohio's third fastest
- Over 16,000+ VPD on Main and Broad Streets
Property Facts Under Contract
Sale Type
Owner User
Property Type
Retail
Property Subtype
Building Size
14,822 SF
Building Class
C
Year Built
1978
Price
$1,215,307 CAD
Price Per SF
$81.99 CAD
Tenancy
Single
Building Height
2 Stories
Building FAR
1.00
Lot Size
0.34 AC
Zoning
C-2 - Central Business District
Parking
100 Spaces (6.75 Spaces per 1,000 SF Leased)
Frontage
107’ on Lyman St
Amenities
- Signage
- Storage Space
- Air Conditioning
Property Taxes
| Parcel Number | 040-20D-03-030 | Improvements Assessment | $252,248 CAD |
| Land Assessment | $38,811 CAD | Total Assessment | $291,059 CAD |
Property Taxes
Parcel Number
040-20D-03-030
Land Assessment
$38,811 CAD
Improvements Assessment
$252,248 CAD
Total Assessment
$291,059 CAD
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