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    5355 Circle Dr Celina, OH 45822

    Sponsored
    For Sale
    Contact for pricing

    Established Restaurant, High Capacity, Prime Location

    Property size:
    4,718 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    337
    This thriving restaurant at 5355 Circle, Celina, OH, is being offered via public auction. The property boasts a substantial 4,718 square feet of space, situated on a desirable 0.58-acre lot. A key feature is its exceptional location, just 300 yards from the main lake, offering stunning views and convenient access to a channel. The interior is designed to accommodate a large volume of patrons, with a spacious dining area capable of seating up to 96 guests. The restaurant is currently operational, presenting a unique opportunity for a buyer to acquire an established business with significant potential. The sale includes all existing restaurant equipment and fixtures. Interested parties should contact the auctioneers directly to obtain a comprehensive information packet, including the reserve price and detailed terms of the auction. This is a rare chance to own a well-established, high-capacity restaurant in a prime lakeside location. Don't miss this opportunity to acquire a profitable business and attractive property. The property is classified as General Commercial. The sale is conducted as a public auction.

    Property Features for 5355 Circle Dr

    General Information

    Property type
    Other commercial real estate
    Square Feet
    4,718 SF
    Lot Size
    25,265 SF

    Building Details

    Year Built
    1900
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Building Supply Auto Repair Shop Wholesale Shop Hotel & Motel Bar & Pub Bed & Breakfast

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

    Location Insight

    • Map
    • Local Demand
    City
    Celina
    County
    Mercer
    State
    Ohio
    Longitude
    -84.49528
    Latitude
    40.50526

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    FAQs

    What type of property is this?
    Commercial real estate - Established Restaurant, High Capacity, Prime Location
    Where is this commercial real estate located?
    The property is located at 5355 Circle Dr Celina, OH.
    What is the asking price?
    The asking price for this property is $1.00.
    (419) 733-1088
    Request Owner's contact information
    5355 Circle Dr Celina, OH 45822
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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
    5355 Circle Dr Celina, OH 45822
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