Drive-In Convenience Store
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
(937) 497-7961
216 E Poplar, Sidney, OH
Listed by
Gay E. Smith
(937) 497-7961
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.
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
NOI $26,359 @ 7.0% cap · market cap 7.22%
Second Best
Retail
$143.1K
$125.2K – $166.9K
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
Similar For Sale Nearby
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