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    421 River St Antwerp, OH 45813

    Sponsored
    For Sale
    $230,000

    Established eatery, high traffic location, great potential.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This exceptional turnkey restaurant opportunity in Antwerp, Ohio presents a rare chance to acquire a well-established business with a loyal customer base. Located at 421 W River Street, Unit 421, this property boasts a 0.61-acre lot and offers significant advantages for a new owner. The Root Beer Stand has a long-standing reputation in the community, known for its excellent staff and delicious coney dogs. Its prime location makes it a popular destination for various events, including poker runs, classic car meets, and attracting crowds from nearby little league games. The building itself is well-equipped to handle the demands of a busy restaurant, featuring ample storage solutions. These include a walk-in freezer, a convenient garage for additional storage or equipment, and several large refrigerators within the building. The consistent customer traffic and established reputation of this restaurant make it an attractive investment with significant potential for growth and profitability. This is a truly unique opportunity to own a thriving business in a desirable location. The asking price is $230,000. Serious inquiries only.

    Property Features for 421 River St

    General Information

    Property type
    Other commercial real estate
    Lot Size
    26,572 SF

    Building Details

    Year Built
    1960
    Property Profile Location Intelligence

    Current Use by Public Records

    The Root Beer Stand American Restaurant

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Antwerp
    County
    Paulding
    State
    Ohio
    Longitude
    -84.74598
    Latitude
    41.17947

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    Nearby Similar for Sale

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      1,682 SF

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    FAQs

    What type of property is this?
    Commercial real estate - Established eatery, high traffic location, great potential.
    Where is this commercial real estate located?
    The property is located at 421 River St Antwerp, OH.
    What is the asking price?
    The asking price for this property is $230,000.
    (419) 542-6637
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    421 River St Antwerp, OH 45813
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    421 River St Antwerp, OH 45813
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