Turnkey Investment Opportunity: Event
1740 County Road 32, Chesapeake, OH 45619
COMMERCIAL - Chesapeake, OH
Property size:
14,000 SFLot size:
3.87 AcresPrice / SF:
$84/SF- Added:
- May 4, 2026
- Days on Market:
- 55
- Last Refresh:
- Jun 27 at 3:06 pm
Property Features for 1740 County Road 32
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Standard status
- Active
- Size
- 14,000 SF
- Lot size
- 3.87 Acres
Utilities
- Heating system
- Propane (Heating), Heat Pump (Heating)
- Cooling system
- Heat Pump
Building Details
- Year built
- 2012
- Building materials
- Brick, Vinyl, Frame, Block/Concrete
- Roof type
- Shingle
Listing agent Tracy Bunch (304) 617-6652
Listing office BUNCH REAL ESTATE ASSOCIATES 8115 County Road 107, Proctorville, OH (740) 886-7214
Listing date May 4, 2026
MLS# 183793
Copyright © 2026 Huntington 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.
HighLights
- Multipurpose venue suitable for weddings, receptions, retreats, and Airbnb with a capacity of 175.
- Includes a fully furnished house and extensive inventory of tables, chairs, linens, and kitchen equipment for immediate event hosting.
- Breathtaking outdoor venue featuring a 2‑acre pond, gazebo, covered decking, and balconies.
- Equipped with indoor chapel, reception hall, bar area, and two kitchens.
- Features ample parking, sprinkler system, and multiple HVAC systems.
- Constructed with durable materials including brick, vinyl, frame, and block/concrete with a shingle roof and built in 2012.
Overview
This multipurpose venue in Chesapeake, OH, presents a turnkey investment opportunity. The property features an outdoor venue with a pond and gazebo, an indoor chapel, a reception hall, and a bar area. It also includes two kitchens, storage space, four garages, a pool, covered decking, and balconies. The sale includes all furniture, kitchen equipment, barstools, and tables, making it ready for various events such as reunions, church gatherings, weddings, company events, ladies' retreats, and couples' weekends, with potential as an Airbnb. The venue has a capacity of 175 people and includes a sprinkler system and ample parking. The property spans 3.87 acres and features a 2-acre pond. Inventory includes 40 60-inch round resin tables with linens, 20 6-foot rectangle resin tables with linens, 575 white resin chairs, 16 wire mesh patio tables, and 64 wire mesh patio chairs. The bar area is equipped with a fridge, stove with oven, double wall oven, dishwasher, small deep freezer, 10 bar tables, and 125 bar stools. The house includes a fully equipped kitchen with a fridge, stove top, dishwasher, and double oven, along with bedroom and bathroom linens. The property has a total size of 14000 square feet.
Local Financial Insights For Hotel Hospitality
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 | $210.0k | $15.00 |
| − Vacancy | −$31.5k | −$2.25 |
| EGI | $178.5k | $12.75 |
| − OpEx | −$93.7k | −$6.69 |
| NOI | $84.8k | $6.06 |
14,000 SF · lease $15.00/SF/yr · vacancy 15.00% · expense 52.50%
Alternative Uses
Best Use
Hotel Hospitality
$1.21M
$1.06M – $1.41M
NOI $84,788 @ 7.0% cap · market cap 7.19%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.19M
$2.79M – $3.72M
NOI $223,077 @ 7.0% cap · market cap 18.90%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Wedding venues
Location Insight
- Map
- Local Demand
- City
- Chesapeake
- County
- Lawrence
- State
- Ohio
- Longitude
- -82.43626252
- Latitude
- 38.45388462
Nearby Similar for Sale
FAQs
What type of property is this?
Wedding venue - Multipurpose venue with indoor and outdoor spaces, ideal for events.
Where is this wedding venue located?
The property is located at 1740 County Road 32 Chesapeake, OH.
What is the asking price?
The asking price for this property is $1,180,000.
What are key features of this property?
This property features: Multipurpose venue suitable for weddings, receptions, retreats, and Airbnb with a capacity of 175.; Includes a fully furnished house and extensive inventory of tables, chairs, linens, and kitchen equipment for immediate event hosting.; **Breathtaking outdoor venue featuring a 2‑acre pond, gazebo, covered decking, and balconies.**
