Turnkey Bait Shop on 6.74
2155 Slade Road Batavia, OH 45103
2155 Slade Road, Batavia, OH, 45103
$525,000
Pending
For Sale
$525,000
Pending
COMMERCIAL - Batavia Twp, OH
Property Size1,517 SF
Lot Size6.74 Acres
Days on Market284
Property Features for 2155 Slade Road
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Standard status
- Pending
- APN
- 03-20-19J-046
- Size
- 1,517 SF
- Lot size
- 6.74 Acres
Utilities
- Heating system
- Electric (Heating)
Building Details
- Year built
- 1994
- Flooring type
- Concrete
- Building materials
- Wood Siding
- Roof type
- Shingle
Listing agency
Plum Tree Realty
(513) 443-5060
Listed by
Garry Boshears
(513) 378-4663
Added: Oct 12, 2025 Updated: Apr 15 at 5:14AM Checked: Jul 22 at 1:06AM
MLS# 1858281
Copyright © 2026 MLS of Greater Cincinnati, Inc. 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.
The Sherry Lake & Bait Shop is a turnkey outdoor business opportunity situated on 6.74 scenic acres. The property is located near East Fork State Park and is the closest bait shop to the Amelia boat dock. The established pay lake is fully stocked and suitable for tournaments or casual fishing. The property includes a large bait shop and upstairs living quarters with a bedroom and full bath for an owner/operator. The building size is 1517 square feet. Additional features include land for hunting and growth potential with events or added amenities. The property is zoned commercial.
Key Highlights
- Established turnkey outdoor business (Sherry Lake & Bait Shop)
- Prime location near East Fork State Park and Amelia boat dock
- Fully stocked pay lake for fishing and tournaments
Local Financial Insights For 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 | $22.8k | $15.00 |
| − Vacancy | −$1.7k | −$1.13 |
| EGI | $21.0k | $13.88 |
| − OpEx | −$6.3k | −$4.16 |
| NOI | $14.7k | $9.71 |
1,517 SF · lease $15.00/SF/yr · vacancy 7.50% · expense 30.00%
Alternative Uses
Best Use
Retail
$210.5K
$184.2K – $245.6K
NOI $14,734 @ 7.0% cap · market cap 2.81%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$272.0K
$238.0K – $317.3K
NOI $19,038 @ 7.0% cap · market cap 3.63%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Sherry's Fishing Lake
Fishing Lake
Similar For Sale Nearby
FAQs
What type of property is this?
Storefront property - Established bait shop and pay lake near East Fork State Park.
Where is this storefront property located?
The property is located at 2155 Slade Road Batavia, OH.
What is the asking price?
The asking price for this property is $525,000.
What are key features of this property?
This property features: Established turnkey outdoor business (Sherry Lake & Bait Shop); Prime location near East Fork State Park and Amelia boat dock; Fully stocked pay lake for fishing and tournaments
