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Waterfront Restaurant with Patio
For Sale
$440,000

5795 N County Road 25a, Piqua, OH 45356

Commercial Sale, Piqua, OH

Property Size3,412 SF
Lot Size0.81 Acres
Price / SF$128.96
Days on Market93

Property Features for 5795 N County Road 25a

General Information

Property type Commercial Sale
Property subtype Other
Zoning description Commercial
Rooms Dining Room
Parking 30
Patio and Porch features Patio
Interior features Wet Bar
Fireplace 1
Basement Block
Appliances Dishwasher, Gas Water Heater, Microwave, Refrigerator
Directions Main St Piqua towards Troy to 5795
Subdivision 703 Piqua
Standard status Active
APN M40042870
Size 3,412 SF
Lot size 0.81 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 Waterfront
Water front 1

Building Details

Year built 1922
Building materials Block
Listing Agency: Coldwell Banker Heritage Realtors
Listed By: Sue Wray
Added: Jul 23 Changed: Oct 16 Last Checked: Oct 23 at 8:06AM
MLS# 1047277

Copyright © 2026 Western Regional Information System & Technology, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Investment Insights

Based on property information with market context.

This conventional restaurant occupies 3,412 square feet on a 0.81-acre parcel and was built in 1922. The building has been remodeled with updated systems and includes a dining room, wet bar, commercial kitchen appliances, private areas for gatherings, and a fireplace. Inventory is included, excluding select personal items.

Located at 5795 N County Road 25a in Piqua, the property fronts the Great Miami River and provides views of the surrounding natural setting. A large patio extends the dining area outdoors, while public sewer, central air, and natural-gas forced-air heating support ongoing operations. The property also includes a gas water heater, dishwasher, microwave, and refrigerator.

Key Highlights

  • 3,412‑square‑foot restaurant on 0.81 acres
  • Waterfront setting along the Great Miami River
  • Large outdoor patio with river and nature views

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$38,204
Cap Rate
8.68%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$764,080 $764.1K
Cap Rate 7%
$545,771 $545.8K
Cap Rate 9%
$424,489 $424.5K
Market Conditions
NOI Build-Up for 3,412 SF
Gross rent
$53.2K $15.60/SF
− Vacancy
−$2.3K −$0.67/SF
EGI
$50.9K $14.93/SF
− OpEx
−$12.7K −$3.73/SF
NOI
$38.2K $11.20/SF
Area
Miami County, OH
Vacancy
4.30%
Lease Rate
$15.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$764,080
Cap Rate 7%
$545,771
Cap Rate 9%
$424,489

Alternative Uses

Best Use
Specialty Retail
$545.8K
$477.6K – $636.7K (±1% cap)
NOI $38,204 @ 7.0% cap · market cap 8.68%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$695.4K
$608.5K – $811.3K (±1% cap)
NOI $48,678 @ 7.0% cap · market cap 11.06%
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

El Tequila Mexican ... Restaurant

Suggested Use

Top Pick HVAC Service Electrical Service Plumbing Service Garden Center (Bike/Boat/Book/etc) Store 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

Location Intelligence

Trade Area within ½ mile

59
Businesses Nearby
Well-served
Demand for This Use

Demographics for 45356, OH

25,106
Population
11,353
Households
2.2
Avg Household Size
41
Median Age
15%
College-Educated
89%
High-School Grad
75.5 sq mi
ZIP Area
333
Density / Sq Mi
$66,134
Median Household Income
$38,323
Median Earnings
$900
Median Rent
$144,500
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 - Remodeled dining facility with private gathering areas, updated systems, and a fireplace.
Where is this conventional restaurant located?
The property is located at 5795 N County Road 25a Piqua, OH.
What is the asking price?
The asking price for this property is $440,000.
What are key features of this property?
This property features: 3,412‑square‑foot restaurant on 0.81 acres; Waterfront setting along the Great Miami River; Large outdoor patio with river and nature views
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