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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

306 Marion St Waldo, OH 43356

3,248 SF Built 1920
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Retail properties & Spaces
Year built 1920
Total area 3,248 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Fort Morrow Cons Fire District Fire Station
  • Oscar's Bar & Pub
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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