Property profile

421 Riv St Antwerp, OH 45813

OFF-MARKET
Drive through restaurants
Property ID
US66-4222642
576 SF 0.13 ac lot Built 1960
Entity Owned Free & Clear
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Property summary

AI-generated overview

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 profile

Verified
Property type Drive through restaurants
Use group DRIVE-THRU RESTAURANT, FAST FOOD
Year built 1960
Total area 576 SF
Lot 0.13 ac (5,663 SF)
APN 12-05S-009-00
UPID US66-4222642

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Restaurant

Location

421 Riv St Antwerp, OH 45813-8445
Antwerp metro Census 960200
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$215k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$215k

Owner & transaction history

since 2026
4 recorded transactions
2026
$31,250
2017
Price N/A
2017
$140,000
2006
$140,000

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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