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    111 Pike St Marietta, OH 45750

    Sponsored
    For Sale
    $800,000

    High-traffic, established restaurant, immediate income.

    Property size:
    2,463 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional Marietta, Ohio restaurant presents a compelling investment opportunity. Located at 111 Pike Street, this 2,463 square foot retail space is priced at $800,000 ($324.81/sq ft). Built in 1972, the property sits on a substantial 26,136 square foot lot, offering ample parking. The restaurant enjoys a prime location on a high-traffic commercial corridor, benefiting from excellent visibility alongside national brands. Its strategic position near a local college and the I-77 interchange ensures consistent customer traffic. The property is currently anchored by a reliable, long-term tenant, providing immediate and stable income potential. This turnkey operation offers a rare chance to acquire a well-established business in a high-demand area of Marietta, within Washington County, Ohio (zip code 45750). The property's size, location, and existing tenant combine to create a strong investment opportunity in a growing market. This is an ideal addition to any portfolio seeking consistent returns and long-term growth. The property's address is 111 Pike Street, Marietta, OH 45750.

    Property Features for 111 Pike St

    General Information

    Property type
    Restaurants
    Square Feet
    2,463 SF

    Building Details

    Year Built
    1972
    Property Profile Location Intelligence

    Current Use by Public Records

    East Of Chicago Pizza ... Pizza Restaurant

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Marietta
    County
    Washington
    State
    Ohio
    Longitude
    -81.4418861
    Latitude
    39.4150556

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    FAQs

    What type of property is this?
    Restaurant - High-traffic, established restaurant, immediate income.
    Where is this restaurant located?
    The property is located at 111 Pike St Marietta, OH.
    What is the asking price?
    The asking price for this property is $800,000.
    Request Owner's contact information
    111 Pike St Marietta, OH 45750
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    Marietta, OH 45750
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    111 Pike St Marietta, OH 45750
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