Property profile

14675 Zion Rd Thornville, OH 43076

FOR SALE
Turn key restaurants
Property ID
US66-4670174
0.29 ac lot
Entity Owned 7-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional restaurant opportunity in Thornville, Ohio, presents a rare chance to acquire a thriving business in a highly desirable location. The property, located at 14675 Zion Road, boasts 5,784 square feet of net rentable space on a 12,632.4 square foot lot. Built in 2020, the building features a sophisticated interior with a custom live-edge bar, handcrafted wine shelves, and unique dining tables. High-end design elements include stone and tongue-and-groove walls, solid mahogany doors, large ornate chandeliers, and custom railings. The restaurant offers breathtaking views of the canal and unforgettable sunsets thanks to a bronze-tinted back window. A cozy wood-burning fireplace adds to the warm and inviting ambiance. Outdoor amenities include an expansive second-story deck, a custom patio, an outdoor bar, and a live music stage. The asking price is $2,200,000, translating to $380.36 per square foot. This turnkey operation is ready for a new owner to continue its legacy of success. The property is zoned for retail use and is situated in Perry County, Ohio, zip code 43076. This is a unique opportunity to own a well-established restaurant with significant potential for continued growth and profitability.

Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Construction FRAME
Lot 0.29 ac (12,632 SF)
APN 37-002111.0000
UPID US66-4670174

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Restaurant
  • Cafe & Coffee Shop

Location

14675 Zion Rd Thornville, OH 43076
Thornville metro Census 965802 COLUMBUS, OH METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$215k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$215k

Owner & transaction history

since 2019
6 recorded transactions
2021
Price N/A
2019
$115,000
2017
$70,101
2016
Price N/A
2014
$122,500
2007
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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