10714 Main Street Mantua, OH 44255

Commercial - Retail MLS 5162813 Sold
Closed 500000
  • 10714 Main Street , Mantua, OH 44255 Photo 1
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Listed By

Agency Name: Keller Williams Legacy Group Realty
Agency Phone: 330-433-6005

Shown By

Agent Name: Jerri Furniss
Agent Phone: Cell: (614) 937-4427
Agency Title: Cutler Real Estate

Contact Jerri Furniss About This Property

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Property Description

COMMERCIAL REAL ESTATE AUCTION - WEDNESDAY DECEMBER 3rd @ 1pm. 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 Italianoâ??s Pizza & Catering), complete with dining area, outdoor patio, D1 liquor license, and located within Mantuaâ??s DORA (Designated Outdoor Refreshment Area) district. All restaurant equipment and inventory includedâ??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((1) two bed, (3) one beds), two have long term tenants, one is rented as a short term rental (Air BnB/VRBO), and the other the owner lives in, so they are currently generating consistent rental income which could be improved. 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. Bidding to be live and onsite w/online bidding available. All information contained herein was derived from sources believed to be correct. Information is believed to be accurate but not guaranteed.

Property Features

Property Type: Commercial - Retail
Days on Market: 134
Heating: Forced Air, Gas
Lot Size: 0.25 Acres
Taxes: $4,220 / year
Year Built: 1919

Feature Descriptions

Parcel#: 24-041-13-00-005-000

Local Schools

School District: Crestwood Local

Demographics

Portage County Demographic Information for
Fips
Fips Code 39133
Population
2020 to 2023 Change up 0.5%
2010 Count 161,419
2020 Count 161,791
2023 Estimate (V2023) 162,665
2020 Estimate (V2023) 161,796
Age Distribution (Years Old)
0 to 4 4.5%
5 to 17 17.5%
18 to 64 59.5%
65 and Older 18.5%
Gender
Male 49.5%
Female 50.5%
Place of Birth
Foreign 3.1%
US 96.9%
Education
High School Graduate, Age 25+ 92.9%
Bachelor's Degree or Higher, Age 25+ 31.7%
Computer and Internet use
Households with a computer 93.7%
Households with a broadband Internet subscription 87.0%
Language
English is Second Language, Age 5+ 4.1%
English is First Language, Age 5+ 95.9%
Veterans
Veterans 8,208
Income
Per Capita Income $37,771
Median Household Income $69,796
People in Poverty 12.4%
Commute
Average Work Commute Time 26 minutes
Housing
Total Housing Units 71,416
Households 63,588
Average Household Size 2.42
Owner-Occupied 70.7%
Multi-Family 22.1%
Owner-Occupied Median Value $197,100
Median selected monthly owner costs -with a mortgage $1,494
Median selected monthly owner costs -without a mortgage $567
Median gross rent $990
Building Permits
New Private Housing Issued 2023 300
Years at Residence
1 Year or More 86.6%
Less Than 1 Year 13.4%
Business and Employment
Private non-farm Establishments 3,047
Private non-farm Employment 47,812
Private non-farm Employment Growth down 0.1%
Nonemployer Establishments 11,411
Number of Firms 12,070
Business Production
Value of Shipments $3,414,065,000
Wholesale Trade $2,552,575,000
Retail Trade $2,382,688,000
Retail Sales Per Capita $12,043
Accommodation and Food Services $268,582,000
Land
Land Area 487.38 sq. miles
Population Per Square Mile 332

Source: US Census Bureau

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