For Sale Restaurant
For Sale
$1,730,000
820 N Bridge Street, Chillicothe, OH 45601
Restaurant property offered for sale at 820 N. Bridge Street in Chillicothe, Ohio.
Property Size5,092 SF
Days on Market95
Property Features for 820 N Bridge Street
General Information
Standard status
Active
Size
5,092 SF
Property subtype
Commercial
Lease Term
± 7.5 Years
Net Operating Income
$125,446
Building Details
Building Size
5,092 SF
Year Built
2001
Listed By:
Josh Lesaca · License #SA697790000 (AZ)
(602) 412-3775
Source:
Matthews
Added: Jul 18
Changed: Oct 9
Last Checked: Oct 19 at 3:12AM
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 Josh Lesaca
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Investment Insights
Based on property information with market context.
This is a restaurant property offered for sale with a listed transaction type of for sale. The asset is categorized as conventional restaurant/commercial real estate, offering a built-in fit for operators seeking a dedicated restaurant use.
The property is located at 820 N. Bridge Street in Chillicothe, Ohio. The specific building layout, size, and condition are not provided in the available information, so buyers and brokers should plan to review the on-site details and any available materials during due diligence.
For parties evaluating a restaurant-oriented acquisition, this listing provides a straightforward starting point: a commercial real estate offering in Chillicothe with restaurant use identified in the property type.
The property is located at 820 N. Bridge Street in Chillicothe, Ohio. The specific building layout, size, and condition are not provided in the available information, so buyers and brokers should plan to review the on-site details and any available materials during due diligence.
For parties evaluating a restaurant-oriented acquisition, this listing provides a straightforward starting point: a commercial real estate offering in Chillicothe with restaurant use identified in the property type.
Key Highlights
- Restaurant property for sale at 820 N. Bridge Street in Chillicothe, Ohio
- Built in 2001
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$54,879
Cap Rate
3.17%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,097,580
$1.1M
Cap Rate 7%
$783,986
$784.0K
Cap Rate 9%
$609,767
$609.8K
Market Conditions
NOI Build-Up for 5,092 SF
Gross rent
$76.4K $15.00/SF
− Vacancy
−$3.2K −$0.63/SF
EGI
$73.2K $14.37/SF
− OpEx
−$18.3K −$3.59/SF
NOI
$54.9K $10.78/SF
Area
Ross County, OH
Vacancy
4.20%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,097,580
Cap Rate 7%
$783,986
Cap Rate 9%
$609,767
Alternative Uses
Best Use
Specialty Retail
$784.0K
$686.0K – $914.7K
NOI $54,879 @ 7.0% cap · market cap 3.17%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$960.9K
$840.8K – $1.12M
NOI $67,263 @ 7.0% cap · market cap 3.89%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
519
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 45601, OH
56,849
Population
23,358
Households
2.4
Avg Household Size
41
Median Age
18%
College-Educated
88%
High-School Grad
348.7 sq mi
ZIP Area
163
Density / Sq Mi
$57,430
Median Household Income
$39,973
Median Earnings
$858
Median Rent
$160,800
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in Midwest region
Similar Off Market Nearby
- New Grand Buffet — 1220 N Bridge St A, Chillicothe, OH 45601
Frequently Asked Questions
What type of property is this?
Conventional restaurant - Restaurant property offered for sale at 820 N. Bridge Street in Chillicothe, Ohio.
Where is this conventional restaurant located?
The property is located at 820 N Bridge Street Chillicothe, OH.
What is the asking price?
The asking price for this property is $1,730,000.
What are key features of this property?
This property features: Restaurant property for sale at 820 N. Bridge Street in Chillicothe, Ohio; Built in 2001
