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    124 Main St Cadiz, OH 43907

    Sponsored
    For Sale
    $385,000

    Turnkey Restaurant, 3 Apartment Potential

    Property size:
    3,384 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This exceptional mixed-use property at 124 S Main Street, Cadiz, OH, presents a unique investment opportunity. The main level houses a thriving, fully operational restaurant, beautifully remodeled in 2019 and featuring custom Amish-made booths. This established business boasts a strong reputation, a spacious dining area, and an active online presence, ensuring immediate income generation for the new owner. The sale includes all business assets, allowing for a seamless transition. Upstairs, three potential apartment units await development. This significant expansion opportunity includes five existing fireplaces and some original building materials, streamlining the renovation process. Converting these spaces into rental units will generate substantial additional income. The building sits on a 0.08-acre lot and offers a total of 3,384 square feet. Located in the heart of downtown Cadiz, this property benefits from high visibility and foot traffic. The combination of a successful restaurant and the potential for lucrative apartment rentals makes this an ideal investment for both experienced restaurant owners and real estate investors seeking a diversified portfolio. This turnkey business with significant upside potential is priced at $385,000. Don't miss this chance to acquire a valuable asset with immediate and long-term income streams.

    Property Features for 124 Main St

    General Information

    Property type
    Mixed-use properties
    Square Feet
    3,384 SF
    Lot Size
    3,485 SF

    Building Details

    Year Built
    1880
    Property Profile Location Intelligence

    Current Use by Public Records

    Ranch To Table Restaurant Restaurant Ranch To Table Restaurant ... American Restaurant

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Gym & Fitness Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Cadiz
    County
    Harrison
    State
    Ohio
    Longitude
    -80.99586
    Latitude
    40.18063

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    FAQs

    What type of property is this?
    Mixed-use property - Turnkey Restaurant, 3 Apartment Potential
    Where is this mixed-use property located?
    The property is located at 124 Main St Cadiz, OH.
    What is the asking price?
    The asking price for this property is $385,000.
    (330) 433-6005
    Request Owner's contact information
    124 Main St Cadiz, OH 43907
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    Cadiz, OH 43907
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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
    124 Main St Cadiz, OH 43907
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