Pike Station

Description:

This prime mixed-use property in the heart of Creston presents an excellent investment opportunity or a chance to run an owner-occupied business/restaurant. The first floor features Pike Station, a turnkey breakfast restaurant with a 50-person capacity, fully equipped with a hood system, walk-in cooler, freezers, deep fryers, pizza ovens, and other essential equipment. The second floor hosts a spacious, income-generating three-bedroom apartment with separate utilities, currently rented for $1,050/month on a month-to-month basis.
Recent updates include new electrical systems, a hot water tank, furnace, countertops, new kitchen floors and cabinets on the second floor, and updated lighting. The property also boasts renovated bathrooms, security cameras, and a full basement with a walk-in cooler, ice machine, freezer, and exterior access. Situated on South Main Street in Creston's primary commercial corridor, this property enjoys a prime location that attracts both local and regional traffic, conveniently positioned between the Akron, Medina, and Wooster markets.

Property Highlights:

Turnkey Restaurant – Pike Station: Fully operational 50-person capacity restaurant on the first floor, complete with all essential kitchen equipment, including a hood system, walk-in cooler, deep fryers, pizza ovens, megatop sandwich prep table, range-oven, griddle, and three-bin pot and pan station, etc.
Spacious Apartments: The second floor features a large, income-producing three-bedroom apartment with separate utilities, currently rented for $1,050/month.

Recent renovations include new electrical systems, a hot water tank, furnace, countertops, updated kitchen floors and cabinets on the second floor, new lighting, and renovated bathrooms

Full Basement Access: The property includes a full basement equipped with a walk-in cooler, ice machine, freezer, and exterior access, offering additional storage and functionality.
Prime Location: Strategically located on South Main Street in Creston's commercial corridor, this property attracts both local and regional traffic, with proximity to Akron, Medina, and Wooster markets.

Kitchen Equipment: Hood, ice machine, walk-in cooler, megatop sandwich prep table, deep fryers, sinks, racks, pizza ovens, range-oven, griddle, three-bin pot and pan station, refrigeration and all smallware.



Facts:
2 parcels: 09-00159-000 (building); 09-00908.006 (parking lot, 15 spots)
Land Use: Retail/Restaurant, Mixed-Use
Gross Area: 3,564 SF
Acres: 0.0619 plus 0.145 acres
Legal lot description: : Spt Lot 174 43.5' Mp 5 Cd 477
School District : Norwayne Lsd
Munic/Township : Creston Vlg
Roof 15-20 year rubber roof
Property Tax : $2,044.52 (property parcel), $487.08 parking lot parcel