306 Marion St Waldo, OH 43356
- Retail properties
- 3,248 SF
Current Use by Public Records
- Fort Morrow Cons Fire District / Fire Station
- Oscar's / Bar
Property Details for 306 Marion St
- Year built
- 1920
- Property size
- 3,248 SF
- Property type
- Retail properties
- Property subtype
- Restaurants
Description
This exceptional turnkey restaurant opportunity in Waldo, Ohio, presents a unique chance to own a thriving business. The 3,248-square-foot property, built in 1920 and extensively renovated in 2017, sits on a spacious 10,890-square-foot lot. The asking price is $225,000, translating to $69.27 per square foot. The property includes a fully equipped commercial kitchen, a bar with ample seating, and a large game room adaptable for various uses, such as pool tables, darts, or live entertainment. All existing equipment is included in the sale. Adding to the investment potential are two additional rental properties: a currently rented one-bedroom apartment above the bar and a separate freestanding house requiring some renovation. Liquor licenses (D1-D3A) are transferable. Strategically located in southern Marion County, just 10 miles north of Delaware and easily accessible from Route 23, this property offers endless possibilities. The seller has made significant investments, and the property is being sold "as is." This is a rare chance to acquire an established business with significant upside potential in a desirable location. The property's prime location and existing infrastructure make it an ideal investment for a savvy entrepreneur seeking a ready-to-operate restaurant with additional income streams.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Waldo
- County
- Marion
- State
- Ohio
- Longitude
- -83.0755
- Latitude
- 40.4555
