Listing Agency: SAYRE SEALS & MCMILLAN REAL ESTATE LLC

Listed By: Jeremy Seals · License #2016001814 Show Phone

Source: Crexi

Added: Apr 11 Changed: Sep 3 Last Checked: Sep 3 at 10:30AM

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Investment Insights

Based on property information with market context.

This property is currently set up as an ice cream “old school drive-in” shop and includes a drive-thru window. The main building features a newer exhaust hood with an Ansul fire suppression system, along with two restrooms. A large parking lot serves the site. The sale includes the real estate and any existing equipment, sold without warranty.

The site is located on a busy corner intersection. Additional improvements include two older mobile homes on the property, one of which has a large built-on added by an Amish builder with approximately 1,400 square feet. Both mobile homes are described as needing TLC and could be repaired for additional income.

For utilities, there is one water tap on the property for all three buildings. The main building has a rubber roof. Any equipment will be sold with the real estate without warranty, per the seller.

Key Highlights

• Currently operated as an ice cream “olde school drive in” shop with a drive‑thru window
• Newer exhaust hood with Ansul fire suppression system
• Main building includes 2 rest rooms

Property Analytics

Property Profile

Current Use

Conventional restaurants

Suggested Use

Top Pick Real Estate Agency Kitchen & Bath Showroom Building Supply Grocery & Convenience Store (Bike/Boat/Book/etc) Store Furniture & Home Goods

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

226

Businesses Nearby

Under-served

Demand for This Use

Explore this area Business Placement

Demographics for 43764, OH

8,177

Population

3,214

Households

2.5

Avg Household Size

39

Median Age

13%

College-Educated

85%

High-School Grad

60.8 sq mi

ZIP Area

134

Density / Sq Mi

$54,388

Median Household Income

$36,581

Median Earnings

$664

Median Rent

$129,800

Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020

7.3% 2021

6.5% 2022

6% 2023

5.7% 2024

6.3% 2025

Questions? Ask Rey

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What type of property is this? Where is this conventional restaurants located? What is the asking price? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Conventional restaurant - Drive-thru window and a newer exhaust hood with Ansul fire suppression support a flexible food and retail setup.

Where is this conventional restaurant located?

The property is located at 600 S Main St New Lexington, OH.

What are key features of this property?

This property features: Currently operated as an ice cream “olde school drive in” shop with a drive‑thru window; Newer exhaust hood with Ansul fire suppression system; Main building includes 2 rest rooms