2972 N Division StreetClinton, OH 44216

2972 N Division StreetClinton, OH 44216

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$700,000 Active
Commercial - Business MLS 5229057 New to the Market

Listed By

Agency Name: RE/MAX Edge Realty
Agency Contact: cmchometeam@gmail.com, 330-819-5350

Shown By

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

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Property Description

Exceptional opportunity to own a profitable, fully remodeled restaurant and bar with multiple income streams in a high-visibility location rich in local history. This well-established business has earned a strong reputation for its outstanding food, inviting atmosphere, and loyal customer base, making it an ideal investment for an owner-operator or investor. The sale includes the fully operational restaurant and bar, along with all kitchen equipment, bar equipment, furnishings, fixtures, and a valuable D6 liquor license with Sunday sales privileges. Everything is in place for a seamless transition and continued success. In addition to the restaurant, the property features four fully leased apartments that generate consistent monthly rental income, providing built-in cash flow. Two spacious garages offer valuable storage space or the potential for additional rental income. Guests love the charming outdoor patio, where they can relax and dine while enjoying the unique experience of watching trains pass through this historic setting. The property has been extensively remodeled with numerous updates, making it truly move-in ready and minimizing future capital expenditures. To help ensure continued success, the current owners are willing to remain after closing for a mutually agreed-upon transition period. Whether you're looking to expand your hospitality portfolio, invest in a mixed-use income-producing property, or fulfill your dream of owning a successful restaurant, this rare offering combines a thriving business, stable rental income, and historic charm in one exceptional package. Contact your favorite REALTOR today to schedule a private showing and explore everything this one-of-a-kind investment has to offer.

2972 N Division Street | MLS# 5229057

This commercial property located at 2972 N Division Street, Clinton, OH 44216 is currently listed for sale with an asking price of $700,000. N Division Street is located within the Northwest Local school district. Search Clinton real estate on 536austindriveunitf.cutlerhomes.com today.

Property Features

Property Type: Commercial - Business
Basement: Yes
Basement: Full
Cooling: Central Air
Days on Market: 1
Heating: Forced Air, Gas
Lot Size: 0.43 Acres
Roof Type: Asphalt, Fiberglass, Flat
Taxes: $3,031 / year
Year Built: 1911

Feature Descriptions

Parcel#: 2700501
Parking: On Street
Patio/Porch: Patio
Sewer: Septic Tank
Water: Well

Local Schools

School District: Northwest Local

Demographics

Summit County Demographic Information for 2972 N Division Street, Clinton, OH 44216
Fips
Fips Code 39153
Population
2020 to 2025 Change down 0.4%
2010 Count 541,781
2020 Count 540,428
2025 Estimate (V2025) 538,376
2020 Estimate (V2025) 540,429
Age Distribution (Years Old)
0 to 4 5.2%
5 to 17 20.4%
18 to 64 54.2%
65 and Older 20.2%
Gender
Male 48.7%
Female 51.3%
Place of Birth
Foreign 6.0%
US 94.0%
Education
High School Graduate, Age 25+ 92.8%
Bachelor's Degree or Higher, Age 25+ 35.8%
Computer and Internet use
Households with a computer 95.4%
Households with a broadband Internet subscription 91.6%
Language
English is Second Language, Age 5+ 7.3%
English is First Language, Age 5+ 92.7%
Veterans
Veterans 25,976
Income
Per Capita Income $43,061
Median Household Income $71,622
People in Poverty 13.3%
Commute
Average Work Commute Time 24 minutes
Housing
Total Housing Units 247,173
Households 231,267
Average Household Size 2.29
Owner-Occupied 67.5%
Multi-Family 22.4%
Owner-Occupied Median Value $208,700
Median selected monthly owner costs -with a mortgage $1,470
Median selected monthly owner costs -without a mortgage $599
Median gross rent $1,026
Building Permits
New Private Housing Issued 2024 1,082
Years at Residence
1 Year or More 88.9%
Less Than 1 Year 11.1%
Business and Employment
Private non-farm Establishments 13,309
Private non-farm Employment 249,827
Private non-farm Employment Growth down 0.8%
Nonemployer Establishments 43,820
Number of Firms 9,566
Business Production
Value of Shipments $9,410,730,000
Wholesale Trade $9,120,214,000
Retail Trade $8,582,177,000
Retail Sales Per Capita $15,606
Accommodation and Food Services $1,190,062,000
Land
Land Area 412.75 sq. miles
Population Per Square Mile 1,313

Source: US Census Bureau