Properties For Sale

at 763 Chestnut St Contact us

763 Chestnut St AVAILABLE, Now

Floor Bldg

Size 2,010 SF

Type RETAIL

Sublease No

- 2,010 SF second-generation restaurant with drive-thru available for lease - Opportunity comes with a spacious parking lot and has a large pylon sign already in place - Nearby retailers include Kroger Marketplace, Family Dollar, Peoples Bank, Sonic Drive-In, McDonalds, Domino's Pizza, Unified Bank, Los Mariachis Restaurant, Subway, and Dollar General - Property is located just minutes away from Ohio University, and offers populations of over 70,000 people in a 15-mile radius

Contact us

763 Chestnut St AVAILABLE, Now

Floor Bldg

Size 2,010 SF

Type RETAIL

Lease Type NNN

Sublease No

Property Overview - Free Standing Building with a Drive-Thru window - 2.010 sf former restaurant - 0.47. acres - Strong visibility from US 23 - Approx 5,000 ADT - In the center of the retail activity

Contact us

Listing Agency: Colliers | Columbus Show Phone

Listed By: Gilli Zofan · License ##2017000450 Show Phone

Source: Moodyscre

Added: Nov 25, 2025 Changed: Oct 6 Last Checked: Oct 5 at 4:05PM

Report an Issue

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 Colliers | Columbus

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

Estimated NOI and Cap Rate

NOI / Yr

$22,120

Cap Rate

3.69%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$442,400 $442.4K

Cap Rate 7%

$316,000 $316.0K

Cap Rate 9%

$245,778 $245.8K

Market Conditions

NOI Build-Up for 2,010 SF

Gross rent

$35.0K $17.40/SF

− Vacancy

−$5.5K −$2.73/SF

EGI

$29.5K $14.67/SF

− OpEx

−$7.4K −$3.67/SF

NOI

$22.1K $11.01/SF

Area

Athens County, OH

Vacancy

15.67%

Lease Rate

$17.40 /SF/Yr

Expense Ratio

25.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$442,400

Cap Rate 7%

$316,000

Cap Rate 9%

$245,778

Alternative Uses

Best Use

Specialty Retail

$316.0K

$276.5K – $368.7K (±1% cap)

NOI $22,120 @ 7.0% cap · market cap 3.69%

Second Best

Retail

$203.4K

$178.0K – $237.3K (±1% cap)

NOI $14,238 @ 7.0% cap · market cap 2.37%

Theoretical Best

Office A

$459.1K

$401.7K – $535.6K (±1% cap)

NOI $32,134 @ 7.0% cap · market cap 5.36%

Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Unlock full access to Insights Subscribe to Realmo Intelligence

Open Analytics

Current Use

Taco Bell Restaurant

Suggested Use

Top Pick Real Estate Agency Law Firm Big Box & Wholesale Store Dental Office Building Supply Auto Repair Shop

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

367

Businesses Nearby

63k

Monthly Visits Nearby

Explore this area Business Placement

Foot Traffic Nearby

Dining 39% Shops & Services 28% Groceries 26% Home Improvements & Furnishings 6%

McDonald's Dining

14,438 visits/mo 0.0 miles

Shop 'n Save Groceries

10,905 visits/mo 0.1 miles

Circle K Shops & Services

6,372 visits/mo 0.4 miles

Arby's Dining

6,157 visits/mo 0.2 miles

Newton Falls IGA Groceries

5,652 visits/mo 0.4 miles

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

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

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

Similar For Sale Nearby

Free-Standing Restaurant with Drive-Thru

763 Chestnut St, Nelsonville, OH 45764

Contact for pricing

2,010 SF

View details

Fully Leased Strip Mall

488498 488-498 Canal St, Nelsonville, OH 45764

$620,000

6,000 SF

View details

Strip Mall Retail Building

488-498 Canal Street, Nelsonville, OH 45764

$620,000

View details

Versatile Multi-Use Brick Building

450 W Washington St, Nelsonville, OH 45764

$99,000

5,285 SF

View details

Nelsonville Multifamily Investment Opportunity

106 E Franklin Street, Nelsonville, OH 45764

$209,500

1,300 SF

View details

Flexible Industrial Warehouse Building

950 E Canal St, Nelsonville, OH 45764

$1,200,000

25,000 SF

View details

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.