28 Penn Avenue SEMassillon, OH 44646

28 Penn Avenue SEMassillon, OH 44646

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$275,000 Active
Commercial - Business MLS 5173035

Listed By

Agency Name: Key Realty
Agency Contact: mharrisonkeyrealtyakroncanton@gmail.com, 330-575-8195

Shown By

Agency Title: Cutler Real Estate
Agency Phone: 888-763-7575

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Property Description

Presenting a prime business opportunity for sale: a thriving restaurant and lounge equipped with essential amenities, including a pizza oven, freezers, refrigerators, a pizza assembly station, gas stove top, and fryers. Complemented by a functional bar with two beer coolers and a prized D5 liquor license, this venue ensures substantial revenue potential! Entertainment features, such as a dance floor, jukebox, pool table, and multiple TV's, cater to a diverse clientele. Step outside to discover an expansive patio with artificial palm trees, a fire pit, privacy fence, and a beach volleyball court, providing added space to attract warm-weather guests. The 5350 square foot establishment further boasts an office space that doubles as a service window to the patio, two bathrooms, and abundant storage. Operating successfully since 2009, this well-established business presents investors with a ready-made venture boasting a proven track record and ample space for growth. Call to see all this business has to offer today. Prefer to Sale but would strictly lease as well for $5,000 a month and an upfront cost of $60,000 for equipment & liquor license transfer. Must show proof of funds and/or pre-approval for all showings.

28 Penn Avenue SE | MLS# 5173035

This commercial property located at 28 Penn Avenue SE, Massillon, OH 44646 is currently listed for sale with an asking price of $275,000. Penn Avenue SE is located within the Massillon City school district. Search Massillon real estate on 2210scrollroadsw.cutlerhomes.com today.

Property Features

Property Type: Commercial - Business
Basement: Full
Basement: Yes
Cooling: Central Air
Days on Market: 8
Heating: Forced Air, Gas
Lot Size: 0.52 Acres
Roof Type: Asphalt
Taxes: $4,390 / year
Year Built: 1900

Feature Descriptions

Building Features: Private Restrooms, Public Restrooms
Fencing: Chain Link, Privacy, Wood
Parcel#: 10005188
Parking: On Site, Paved, Parking Lot, On Street
Patio/Porch: Patio
Security: Security System, Fire Alarm
Sewer: Public Sewer
Water: Public

Local Schools

School District: Massillon City

Demographics

Stark County Demographic Information for 28 Penn Avenue SE, Massillon, OH 44646
Fips
Fips Code 39151
Population
2020 to 2023 Change down 0.6%
2010 Count 375,586
2020 Count 374,853
2023 Estimate (V2023) 372,716
2020 Estimate (V2023) 374,864
Age Distribution (Years Old)
0 to 4 5.3%
5 to 17 21.3%
18 to 64 52.7%
65 and Older 20.7%
Gender
Male 49.0%
Female 51.0%
Place of Birth
Foreign 2.2%
US 97.8%
Education
High School Graduate, Age 25+ 92.7%
Bachelor's Degree or Higher, Age 25+ 24.1%
Computer and Internet use
Households with a computer 92.4%
Households with a broadband Internet subscription 84.8%
Language
English is Second Language, Age 5+ 3.3%
English is First Language, Age 5+ 96.7%
Veterans
Veterans 21,951
Income
Per Capita Income $34,652
Median Household Income $63,130
People in Poverty 13.2%
Commute
Average Work Commute Time 22 minutes
Housing
Total Housing Units 167,998
Households 154,690
Average Household Size 2.37
Owner-Occupied 68.2%
Multi-Family 20.0%
Owner-Occupied Median Value $164,900
Median selected monthly owner costs -with a mortgage $1,268
Median selected monthly owner costs -without a mortgage $483
Median gross rent $838
Building Permits
New Private Housing Issued 2023 509
Years at Residence
1 Year or More 88.8%
Less Than 1 Year 11.2%
Business and Employment
Private non-farm Establishments 8,029
Private non-farm Employment 135,584
Private non-farm Employment Growth down 2.9%
Nonemployer Establishments 27,851
Number of Firms 29,680
Business Production
Value of Shipments $11,181,630,000
Wholesale Trade $3,874,927,000
Retail Trade $5,377,131,000
Retail Sales Per Capita $14,219
Accommodation and Food Services $745,822,000
Land
Land Area 575.27 sq. miles
Population Per Square Mile 653

Source: US Census Bureau