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Lakefront Restaurant Business and Property
For Sale
$649,900

424 E Main Street, Russells Point, OH 43348

Commercial Sale, Russells Point, OH

Property Size2,789 SF
Lot Size0.27 Acres
Price / SF$233.02
Days on Market212

Property Features for 424 E Main Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning description Business, Commercial
Rooms Dining Room
Parking 17
Patio and Porch features Patio
Appliances Built-In Gas Oven, Dishwasher, Gas Water Heater, Refrigerator, Water Softener Owned
Subdivision Bellefontaine
Directions Located on OH-366, in downtown Russells Point between SR 708 and Fantasy Island Rd (across from McDonalds's Restaurant. From the intersection of SR 708 and OH-366, go E on OH 366 to Indian Lake Pizza and Subs parking lot on the South or R side of the highway.
Standard status Active
APN 520321006001002
Size 2,789 SF
Lot size 0.27 Acres

Taxes and HOA fees

Tax Year 2025

Utilities

Sewer type Public Sewer
Heating system Natural Gas, Forced Air
Cooling system Central Air
Water front features Lake
Water front 1

Amenities

ADA compliant
separate staff and guest bathrooms

Building Details

Year built 1975
Building materials Brick, Cedar
Listing Agency: Zimmerman Realty Ltd.
Listed By: Doug Zimmerman
Added: Feb 27 Changed: Sep 13 Last Checked: Sep 27 at 6:06AM
MLS# 1044002

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Investment Insights

Based on property information with market context.

This restaurant property includes the operating business, current equipment, inventory, and a D-1 liquor license. The building was constructed in 1975 and remodeled in 1999, with additional maintenance and updates completed over time. Interior features include dining space, separate guest and staff bathrooms, ADA-compliant access, and seating for 64. A patio, 17 parking spaces, central air, forced-air natural gas heat, and public sewer support daily operations.

The 0.27-acre property is positioned between US 33 and OH-708, also identified as Main Street, in Russells Point near Indian Lake. Construction includes brick and cedar, while existing equipment includes a built-in gas oven, dishwasher, refrigerator, gas water heater, and owned water softener. The sale excludes one Indian Lake sign located on the west dining room wall.

Key Highlights

  • Operating restaurant business and real estate offered together
  • 0.27‑acre property near Indian Lake in Russells Point
  • 64‑seat dining operation with patio and separate guest and staff bathrooms

Property Analytics

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Current Use

Conventional restaurants

Suggested Use

Top Pick Auto Repair Shop Auto Parts Store Big Box & Wholesale Store Bakery Gym & Fitness Center Storage Facility

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
Liquor license

Location Intelligence

Trade Area within ½ mile

191
Businesses Nearby
54k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 57% Shops & Services 43%
McDonald's Dining
18,222 visits/mo 0.1 miles
Marathon Shops & Services
13,214 visits/mo 0.1 miles
Taco Bell Dining
7,078 visits/mo 0.4 miles
Dollar General Shops & Services
5,340 visits/mo 0.3 miles
Huntington Bank Shops & Services
3,592 visits/mo 0.2 miles

Demographics for 43348, OH

1,880
Population
1,498
Households
1.3
Avg Household Size
47
Median Age
18%
College-Educated
86%
High-School Grad
2.3 sq mi
ZIP Area
817
Density / Sq Mi
$50,658
Median Household Income
$32,132
Median Earnings
$763
Median Rent
$147,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Restaurant operation with included equipment, inventory, and D-1 liquor license in a lakefront setting.
Where is this conventional restaurant located?
The property is located at 424 E Main Street Russells Point, OH.
What is the asking price?
The asking price for this property is $649,900.
What are key features of this property?
This property features: Operating restaurant business and real estate offered together; 0.27‑acre property near Indian Lake in Russells Point; 64‑seat dining operation with patio and separate guest and staff bathrooms
More about this property
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