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    11850 Walnut St Adelphi, OH 43101

    Sponsored
    For Sale
    $475,000

    Established Restaurant, 1568 sq ft, Ohio

    Property size:
    1,568 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This thriving restaurant located at 11850 Walnut Street in Adelphi, Ohio, presents a fantastic investment opportunity. Priced at $475,000, this turnkey operation boasts 1,568 square feet of net rentable space, situated on a generous 21,780 square foot lot. Built in 1996, the property is ideally suited for immediate operation, with all existing equipment included in the sale. The asking price equates to $302.93 per square foot, reflecting the strong potential for return on investment. The property's location near the popular Hocking Hills region offers significant advantages for attracting a steady stream of customers. This established business is ready for a new owner to step in and continue its success. The property is conveniently located in Adelphi, Ross County, Ohio, with the zip code 43101. This is a rare chance to acquire a well-established restaurant with immediate operational capabilities, making it an attractive proposition for experienced restaurateurs or those looking to enter the industry. The property's size and location provide ample opportunity for growth and expansion. All necessary equipment is included, allowing for a seamless transition to new ownership.

    Property Features for 11850 Walnut St

    General Information

    Property type
    Restaurants
    Square Feet
    1,568 SF

    Building Details

    Year Built
    1996

    HighLights

    • $475,000 asking price for this retail restaurant property.
    • 1,568 square feet of net rentable space.
    • Located at 11850 Walnut Street, Adelphi, OH 43101.
    • $302.93 per square foot price.
    • Built in 1996, situated on a 21,780 square foot lot.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Spa & Massage Building Supply Wholesale Shop Auto Repair Shop Hair Salon Gym & Fitness Nail Salon Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Adelphi
    County
    Ross
    State
    Ohio
    Longitude
    -82.7473147
    Latitude
    39.4684736

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    FAQs

    What type of property is this?
    Restaurant - Established Restaurant, 1568 sq ft, Ohio
    Where is this restaurant located?
    The property is located at 11850 Walnut St Adelphi, OH.
    What is the asking price?
    The asking price for this property is $475,000.
    What are key features of this property?
    This property features: $475,000 asking price for this retail restaurant property.; 1,568 square feet of net rentable space.; Located at 11850 Walnut Street, Adelphi, OH 43101.
    Request Owner's contact information
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    Adelphi, OH 43101
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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
    11850 Walnut St Adelphi, OH 43101
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