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Drive-In Convenience Store Carryout

132 N Ohio Avenue Sidney, OH 45365

132 N Ohio Avenue, Sidney, OH, 45365
$365,000
For Sale
$365,000

COMMERCIAL - Sidney, OH

Property Size1,350 SF
Price / SF$270.37
Days on Market23

Property Features for 132 N Ohio Avenue

General Information

Property type
Commercial Sale
Property subtype
Other
Standard status
Active
APN
011836208001
Size
1,350 SF

Taxes and HOA fees

Tax Year
2025

Utilities

Sewer type
Public Sewer
Heating system
Natural Gas

Building Details

Year built
1974
Building materials
Brick
Additional Structures
Storage
Listing Agency Gay Smith/Associates
216 E Poplar, Sidney, OH
Listed by Gay E. Smith
Added: Jun 26 Checked: Jul 18 at 8:06 pm
MLS# 1046703

Copyright © 2026 West Metro Board of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This for-sale convenience store carryout at 132 N Ohio Avenue is operated as a drive-in and walk-in business. The property includes a retail storefront configuration designed for quick convenience purchases, with an existing product mix that includes tobacco products, pop, beers and wine, and snacks. The current operating model supports year-round service, including licensed items and Sunday sales, with the business open seven days a week and most holidays. The offering is positioned as an ownership opportunity for an operator looking to continue the established service while exploring additional food options such as lunch sandwiches.

The location is described as downtown Sidney, Ohio, and the property is across the street from the post office with parking available. The remarks also reference its status as a well-known local landmark and include the store’s longstanding presence in the community.

For the right owner-operator or small retail buyer, this property provides a turn-key convenience retail format centered on grab-and-go items for both drive-in and walking customers. Because the business already handles licensed product categories and operates daily, it may appeal to a buyer seeking continuity in operations rather than starting from scratch. Interested parties should confirm all licensing and expansion possibilities directly with the seller and appropriate local authorities.

Key Highlights

  • Brick building with central air and natural gas heating
  • Built in 1974; public sewer connected
  • Business at 132 N. Ohio Ave across the street from the post office with parking available

Local Financial Insights For Specialty Retail

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $36.5k $27.00
− Vacancy −$1.3k −$0.97
EGI $35.1k $26.03
− OpEx −$8.8k −$6.51
NOI $26.4k $19.53
1,350 SF · lease $27.00/SF/yr · vacancy 3.58% · expense 25.00%

Alternative Uses

Best Use
Specialty Retail
$376.6K
$329.5K – $439.3K (±1% cap)
NOI $26,359 @ 7.0% cap · market cap 7.22%
Second Best
Retail
$143.1K
$125.2K – $166.9K (±1% cap)
NOI $10,015 @ 7.0% cap · market cap 2.74%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

City Carry Out Grocery & Convenience Store

Suggested Use

Dental Office Real Estate Agency Restaurant Big Box & Wholesale Store Skin Care Clinic Gym & Fitness Center Nail Salon Storage Facility Furniture & Home Goods Hair Salon

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Grocery and convenience store - Established carryout store with drive-in and walk-in traffic, offering licensed items and all-week operating hours.
Where is this grocery and convenience store located?
The property is located at 132 N Ohio Avenue Sidney, OH.
What is the asking price?
The asking price for this property is $365,000.
What are key features of this property?
This property features: Brick building with central air and natural gas heating; Built in 1974; public sewer connected; Business at 132 N. Ohio Ave across the street from the post office with parking available
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