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Conventional Restaurant Space
For Lease
$6 SF/Yr NNN

1226 S Shannon Street, Van Wert, OH 45891

B3-zoned restaurant space at a heavily traveled intersection in Van Wert.

Space SizeContact for details
Days on Market54

Property Features for 1226 S Shannon Street

General Information

Standard status Active
Zoning B3

Lease Terms

Lease Rate $6 /USD/SF/YR
Rent per SF/Year $6

Additional Details

Space Use Restaurant

Taxes and HOA fees

Annual Taxes $2.00

Building Details

Year Built 1988
Buildings 1
Stories 1
Listing Agency:
Listed By: Straley Realty & Auctioneers, Inc.
Source: Straleyrealty.idxbroker
Added: Jul 9 Changed: Aug 30 Last Checked: Aug 30 at 8:52PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Straley Realty & Auctioneers, Inc.

Investment Insights

Based on property information with market context.

This conventional restaurant property at 1226 S Shannon Street provides an established setting for a new food-service concept. The building dates to 1988 and is zoned B3. The available space can accommodate a range of restaurant formats, including fine dining, quick casual, and family-style service, as described for the property.

The site is located at the intersection of St Rt 118 and Ervin Rd, where an ODOT traffic survey from 2012 recorded over 10,000 vehicles daily. Lease structures offered include triple net, gross, and modified gross arrangements. Real estate tax is calculated according to the occupied share of the overall complex.

Key Highlights

  • Conventional restaurant property at 1226 S Shannon Street in Van Wert, OH 45891
  • B3 zoning
  • Building constructed in 1988

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Law Firm (Bike/Boat/Book/etc) Store Kitchen & Bath Showroom Hair Salon Barber Shop Catering Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

368
Businesses Nearby
158k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Dining 52% Home Improvements & Furnishings 26% Shops & Services 9% Superstores 9%
Rural King Home Improvements & Furnishings
20,971 visits/mo 0.1 miles
McDonald's Dining
20,287 visits/mo 0.1 miles
Big Lots Superstores
13,756 visits/mo 0.2 miles
Taco Bell Dining
12,503 visits/mo 0.2 miles
Wendy's Dining
11,224 visits/mo 0.1 miles

Demographics for 45891, OH

15,633
Population
6,679
Households
2.3
Avg Household Size
42
Median Age
19%
College-Educated
93%
High-School Grad
134.3 sq mi
ZIP Area
116
Density / Sq Mi
$62,944
Median Household Income
$43,369
Median Earnings
$744
Median Rent
$143,100
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - B3-zoned restaurant space at a heavily traveled intersection in Van Wert.
Where is this conventional restaurant located?
The property is located at 1226 S Shannon Street Van Wert, OH.
What is the lease rate?
The lease rate is $6 SF/Yr.
What are key features of this property?
This property features: Conventional restaurant property at 1226 S Shannon Street in Van Wert, OH 45891; B3 zoning; Building constructed in 1988
More about this property
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