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    16178 Pike St Laurelville, OH 43135

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    For Sale
    $1,500,000

    Turnkey restaurant with living quarters in Ohio's Hocking Hills.

    Property size:
    3,011 SF
    Lot size:
    0.20 Acres

    Property Features for 16178 Pike St

    General Information

    Size
    3,011 SF
    Lot size
    0.20 Acres

    Source: Howard Hanna | Circleville Agent Dawnette Johnston

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

    Overview

    Established Restaurant in Hocking Hills

    This is an opportunity to acquire an established restaurant located in the Hocking Hills Region. Built in 2007, The Ridge Inn is being sold turnkey, including all equipment, seating, and supplies. The restaurant offers inside seating for 60 patrons, along with additional outdoor patio seating and an upstairs banquet room. There is ample off-street parking available. Included in the sale is a two-story single-family dwelling with 3 bedrooms and 1.5 baths, identified as Hocking County parcel #140001820000. This dwelling could be used as a bed and breakfast or for restaurant storage. The property size is 3,011 square feet. The current owners are willing to assist during the transition period as they retire.
    Insight Report Location Intelligence

    Current Use by Public Records

    The Ridge Inn Restaurant Restaurant

    Suggested Use

    Realty agency Restaurant Spa & Massage Building Supply Wholesale Shop Auto Repair Shop Hair Salon Gym & Fitness Nail Salon Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Laurelville
    County
    Pickaway
    State
    Ohio
    Longitude
    -82.7367551
    Latitude
    39.4705649

    FAQs

    What type of property is this?
    Restaurant - Turnkey restaurant with living quarters in Ohio's Hocking Hills.
    Where is this restaurant located?
    The property is located at 16178 Pike St Laurelville, OH.
    What is the asking price?
    The asking price for this property is $1,500,000.
    What are key features of this property?
    This property features: - Established, turnkey restaurant business in the Hocking Hills Region.; - Includes a separate 2-story, 3-bedroom house suitable for a bed and breakfast or storage.; - Restaurant features indoor seating for 60, plus outdoor patio seating and an upstairs banquet room.
    (740) 497-3355
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    16178 Pike St Laurelville, OH 43135
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    Laurelville, OH 43135
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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
    16178 Pike St Laurelville, OH 43135
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