Property summary
This turnkey restaurant opportunity in Andover, Ohio presents a unique chance to acquire a profitable, established business. Located on a 1.26-acre lot at 6497 OH-85, this 2,700 square foot, single-story building boasts a prime location near Lake Pymatuning and Pymatuning State Park, attracting significant tourism. The property includes a shed and ample parking. Built in 1957 and extensively renovated in 2020, the restaurant features updated interiors, equipment, and a spacious outdoor patio. The current occupancy is 100%, with significant potential for expansion into dinner service, extended hours, and additional entertainment options. All existing equipment and furnishings are included in the sale price of $325,000. The property is zoned for commercial use and benefits from high visibility due to its main road location and signage. This NNN-leased property offers a strong return on investment with its established clientele and high growth potential. The property's APN is 010310023900, 010310023800.
Property profile
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Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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from $99/month
Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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