Restaurant with Drive-Thru
763 Chestnut St Nelsonville, OH
For Sale
Contact for pricing
2,010 SF restaurant with drive-thru for lease.
Property Size2,010 SF
Lot Size0.29 Acres
Price / SF$298.51
Days on Market246
Property Features for 763 Chestnut St
General Information
Standard status
Active
Size
2,010 SF
Lot size
0.29 Acres
Property subtype
RETAIL
Properties For Sale
at 763 Chestnut St Contact us
Listing Agency:
Cardinal Commercial Real Estate
(614) 403-8006
Listed By:
Jeff Mattingly · License ##2017000450
(614) 403-8006
Source:
Moodyscre
Added: Nov 25, 2025
Changed: Jul 6
Last Checked: Jul 21 at 6:57AM
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 Cardinal Commercial Real Estate
Investment Insights
Based on property information with market context.
A 2,010 SF second-generation restaurant with a drive-thru is available for lease. The property includes a spacious parking lot and a large pylon sign. It is located near Kroger Marketplace, Family Dollar, Peoples Bank, Sonic Drive-In, McDonalds, Domino's Pizza, Unified Bank, Los Mariachis Restaurant, Subway, and Dollar General. The property is located minutes from Ohio University and serves a population of over 70,000 people within a 15-mile radius.
Key Highlights
- Existing 2,010 SF second‑generation restaurant space with drive‑thru.
- Spacious parking lot and existing large pylon sign.
- High traffic location near Kroger Marketplace, Family Dollar, Peoples Bank, Sonic Drive‑In, McDonalds and other retailers.
Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $35.0k | $17.40 |
| − Vacancy | −$5.5k | −$2.73 |
| EGI | $29.5k | $14.67 |
| − OpEx | −$7.4k | −$3.67 |
| NOI | $22.1k | $11.01 |
2,010 SF · lease $17.40/SF/yr · vacancy 15.67% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$316.0K
$276.5K – $368.7K
NOI $22,120 @ 7.0% cap · market cap 3.69%
Second Best
Retail
$203.4K
$178.0K – $237.3K
NOI $14,238 @ 7.0% cap · market cap 2.37%
Theoretical Best
Office A
$459.1K
$401.7K – $535.6K
NOI $32,134 @ 7.0% cap · market cap 5.36%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Drive through restaurant - 2,010 SF restaurant with drive-thru for lease.
Where is this drive through restaurant located?
The property is located at 763 Chestnut St Nelsonville, OH.
What is the asking price?
The asking price for this property is $600,000.
What are key features of this property?
This property features: Existing 2,010 SF second‑generation restaurant space with drive‑thru.; Spacious parking lot and existing large pylon sign.; High traffic location near Kroger Marketplace, Family Dollar, Peoples Bank, Sonic Drive‑In, McDonalds and other retailers.
