Established Restaurant Opportunity on 4.3 Acres in Youngstown

TBDColdwell Banker Commercial Schmidt Realty is pleased to announce the offering of 3104 S. Canfield–Niles Rd, Youngstown, OH 44515, a premier commercial real estate opportunity situated on 4.23 acres at the highly traveled corner of S. Canfield–Niles Rd and Kirk Rd. The property is comprised of approximately 2.508 acres of residential zoning and 1.73 acres of commercial zoning. Known as The Manor, this rare and expansive offering includes a well-established and operating Restaurant, Bar, full liquor license, and Banquet Hall, making it an ideal acquisition for owner-users, investors, or developers seeking immediate income with future upside. The Seller’s zoning attorney is currently in the process of rezoning the 2.508 acres to B-2 (General Business). For buyers interested in rezoning an additional 2.508 acres to B-2, discussions with the Seller’s attorney can be arranged to obtain the necessary documentation and support letters from Mahoning County, creating further development flexibility. Additionally, the Seller will consider a sale-leaseback structure, allowing continued operation of the restaurant with existing management and staff in place, providing investors with stabilized cash flow from day one. The property benefits from strong demographic fundamentals, including a dense surrounding residential base, solid household incomes, and consistent income growth within the trade area. The immediate market is supported by established neighborhoods, regional traffic draw, and proximity to major employment centers, enhancing long-term demand for restaurant, hospitality, and mixed-use commercial concepts. Favorable household income trends and a stable consumer base further position this asset as a compelling investment within the Youngstown market. This offering represents a unique opportunity to acquire a turnkey business, income-producing real estate, and future development potential in one strategic location.