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    112-114 Michigan St Edon, OH 43518

    • Commercial real estate
    • 0.18 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Commercial real estate

    Property Details for 112-114 Michigan St

    Year built
    1920
    Lot size
    0.18 lot acres
    Property type
    Commercial real estate

    Description

    This exceptional Edon, OH property presents a unique investment opportunity encompassing a fully equipped and furnished restaurant/bar, along with two upper-level apartments. The restaurant is ready for immediate operation, boasting a complete inventory of equipment including tables, booths, TVs, a walk-in cooler, multiple refrigerators, a fully stocked kitchen with supplies, a brand-new electric pizza oven, a comprehensive fire suppression system above the grill, and a large, refinished wrap-around bar complete with drinkware and equipment. Entertainment features include a pool table and a dedicated game room with additional games. A full stage with sound and lighting equipment is also included. Adding to the income potential, two apartments are situated above the commercial space

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Edon
    County
    Williams
    State
    Ohio
    Longitude
    -84.7688
    Latitude
    41.5568

    Comparable in this City

    • Value Estimation by Request
      0.50 Acres

      15423 51st Rd

      COMMERCIAL (GENERAL) • 0.50 Acres
      15423 51st Rd, Edon, OH 43518
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    • Value Estimation by Request
      0.10 Acres

      Indiana St

      COMMERCIAL (GENERAL) • 0.10 Acres
      Indiana St, Edon, OH 43518
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    • Value Estimation by Request
      0.50 Acres

      324 Michigan St

      COMMERCIAL (GENERAL) • 0.50 Acres
      324 Michigan St, Edon, OH 43518
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    • Value Estimation by Request
      3,184 SF

      409 Michigan St

      COMMERCIAL (GENERAL) • 3,184 SF
      409 Michigan St, Edon, OH 43518-9582
      View Details
    • Value Estimation
      $185,000
      6,000 SF

      3440 Us Hwy 20

      SHOW ROOM, WAREHOUSE • 6,000 SF
      3440 Us Hwy 20, Edon, OH 43518-9733
      View Details
    • Value Estimation by Request
      0.32 Acres

      1976 Us Hwy 20

      COMMERCIAL (GENERAL) • 0.32 Acres
      1976 Us Hwy 20, Edon, OH 43518
      View Details

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    112-114 Michigan St
    Edon, OH 43518
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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
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