33902 Township Road 68 Frazeysburg, OH 43822
This exceptional turnkey business opportunity encompasses the renowned Nickel Valley Resort and Wooden Nickel Tavern, situated on 15+ acres in Frazeysburg, Ohio. The property includes a 4,000 sq. ft. restaurant/tavern building, an event pavilion, five custom rental cabins, and a sandy beach area surrounding a one-acre pond complete with a 40-foot waterslide. Eight additional one-acre ponds enhance the picturesque landscape. The property boasts 30 parking spaces and a total of seven units, spread across eleven buildings. A D1, D2, D3, and D6 liquor license is included. This established resort and event venue offers significant income potential, with opportunities for expansion. Located approximately one hour from downtown Columbus, this property presents a unique blend of commercial and residential uses, ideal for an investor seeking a profitable and versatile investment. The asking price is $1,300,000. The property is zoned for mixed use, including hospitality, land, multifamily, and retail. The property is currently configured as a resort, event venue, retreat, restaurant, tavern, and multifamily dwelling.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
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