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    221 Summit St Celina, OH 45822

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    For Sale
    $3,500,000

    Well-maintained retail center in Celina, OH, anchored by Chief's Supermarket.

    Property size:
    82,967 SF

    Property Features for 221 Summit St

    General Information

    Size
    82,967 SF

    Building Details

    Year built
    1970

    Source: Chad Boggs Agent Chad Boggs

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Grocery Anchored Retail Center

    Chief’s Plaza is an approximately 83,000 square foot, fully occupied retail center located in Celina, Ohio (Dayton MSA). The property is anchored by Chief Supermarket, which has 11 locations. Other tenants include Snap Fitness, Kill RV Services, Remedies Smoke Shop, and China Wok Restaurant. Approximately 75% of the roof was replaced in 2021 and features a 20-year transferable warranty. A new pylon/monument sign was installed in 2022. Celina, Ohio, has limited grocery competition and favorable retail/commercial demographics. Approximately 40,000 people reside within 10 miles of the property, with median annual household incomes around $68,000. Celina is the county seat of Mercer County and is located off of I-75, providing direct service to Dayton, Cincinnati, Columbus, Indianapolis, Detroit, and Chicago. Celina's economy has been focused on farming, agriculture, and oil and natural gas deposits since the early 1900s. Multiple global manufacturing facilities have opened in and around Celina, including Reynolds and Reynolds, Celina Aluminum (Honda supplier) and Crown Equipment Corporation.
    Location Intelligence

    Current Use by Public Records

    North Grove Cemetery Cemetery Primo Water Refill Bottled Water Supplier Chief Supermarket Grocery Store Coin Cloud Bitcoin ... Atm Ohio Victory Church

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Similar Places Nearby

    Coin Cloud Bitcoin ATM, Plaza Shopping Center

    Location Insight

    • Map
    • Local Demand
    City
    Celina
    County
    Mercer
    State
    Ohio
    Longitude
    -84.5735963
    Latitude
    40.560452

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    FAQs

    What type of property is this?
    Shopping center - Well-maintained retail center in Celina, OH, anchored by Chief's Supermarket.
    Where is this shopping center located?
    The property is located at 221 Summit St Celina, OH.
    What is the asking price?
    The asking price for this property is $3,500,000.
    What are key features of this property?
    This property features: - 100% Occupancy: Benefit from immediate income with this fully leased property.; - Grocery Anchored: Anchored by Chief's Supermarket, a reliable tenant that attracts consistent customer flow.; - Newer Roof with Warranty: Enjoy peace of mind with a roof that's 75% new as of 2021, complete with a 20-year transferable warranty.
    (614) 595-2752
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    221 Summit St Celina, OH 45822
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    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
    221 Summit St Celina, OH 45822
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