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Turn-Key Corner Lot Restaurant

125 N Adrian St, Lyons, OH 43533

For Sale
$155,000

Turn-key downtown restaurant with included FF&E and a suppressed hood system for streamlined operations.

Property Size1,040 SF
Days on Market154

Property Features for 125 N Adrian St

General Information

Standard status Active
Size 1,040 SF
Property subtype Retail

Additional Details

Business Included Yes
Commercial Hood Yes

Building Details

Building Size 1,040 SF
Year Built 1890
Listing Agency: Miller Diversified Brokerage
Listed By: Chris Murphy · License OH SAL.2022006382
Source: Millerdiversified
Added: Jun 11 Changed: Nov 11 Last Checked: Nov 10 at 7:18AM

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 Miller Diversified Brokerage

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Investment Insights

Based on property information with market context.

This turn-key restaurant is offered with all furniture, fixtures, and equipment included in the sale, including an asserted $15,000+ FF&E value. The kitchen is equipped with a suppressed hood system with an Ansul fire suppression feature. The property sits on a corner lot and includes a deck, supporting both dine-in service and outdoor seating.

The restaurant is located in downtown Lyons with proximity to the commercial corridor. It also benefits from placement along a heavily traveled route serving popular Irish Hills Lake and surrounding lake communities, including Devils Lake, Wamplers Lake, and Lake Hudson, which can support steady visibility to passing traffic.

For buyers seeking a ready-to-operate foodservice concept, the combination of included FF&E and the installed suppressed hood/Ansul system can reduce near-term setup and equipment sourcing. The corner-lot positioning and deck provide practical flexibility for front-of-house presentation, making it well suited to operators looking to open or expand without rebuilding core restaurant infrastructure.

Key Highlights

  • Turn‑key downtown restaurant with all FF&E included in the sale ($15,000+ value)
  • Suppressed hood system (Ansul) included
  • Corner lot with deck

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$7,919
Cap Rate
5.11%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$158,380 $158.4K
Cap Rate 7%
$113,129 $113.1K
Cap Rate 9%
$87,989 $88.0K
Market Conditions
NOI Build-Up for 1,040 SF
Gross rent
$11.2K $10.80/SF
− Vacancy
−$674 −$0.65/SF
EGI
$10.6K $10.15/SF
− OpEx
−$2.6K −$2.54/SF
NOI
$7.9K $7.61/SF
Area
Fulton County, OH
Vacancy
6.00%
Lease Rate
$10.80 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$158,380
Cap Rate 7%
$113,129
Cap Rate 9%
$87,989

Alternative Uses

Best Use
Specialty Retail
$113.1K
$99.0K – $132.0K (±1% cap)
NOI $7,919 @ 7.0% cap · market cap 5.11%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$173.1K
$151.5K – $201.9K (±1% cap)
NOI $12,116 @ 7.0% cap · market cap 7.82%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Electrical Service Furniture & Home Goods Grocery & Convenience Store Auto Repair Shop Hair Salon Nail Salon

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

Turnkey business
Opportunity
Yes
Commercial hood

Location Intelligence

Trade Area within ½ mile

47
Businesses Nearby
Well-served
Demand for This Use

Demographics for 43533, OH

1,509
Population
675
Households
2.2
Avg Household Size
42
Median Age
13%
College-Educated
98%
High-School Grad
23.3 sq mi
ZIP Area
65
Density / Sq Mi
$63,333
Median Household Income
$41,602
Median Earnings
$900
Median Rent
$169,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025

Frequently Asked Questions

What type of property is this?
Conventional restaurant - Turn-key downtown restaurant with included FF&E and a suppressed hood system for streamlined operations.
Where is this conventional restaurant located?
The property is located at 125 N Adrian St Lyons, OH.
What is the asking price?
The asking price for this property is $155,000.
What are key features of this property?
This property features: Turn‑key downtown restaurant with all FF&E included in the sale ($15,000+ value); Suppressed hood system (Ansul) included; Corner lot with deck
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