5355 Circle Dr Celina, OH 45822
- Turn key restaurants
- 4,020 SF
- 0.58 lot acres
Current Use by Public Records
- Turn key restaurants
Property Details for 5355 Circle Dr
- Year built
- 1900
- Lot size
- 0.58 lot acres
- Property size
- 4,020 SF
- Property type
- Turn key restaurants
- APN
- 09-22-226-002
- APU
- 922226002
Description
This thriving restaurant at 5355 Circle, Celina, OH, is being offered via public auction. The property boasts a substantial 4,718 square feet of space, situated on a desirable 0.58-acre lot. A key feature is its exceptional location, just 300 yards from the main lake, offering stunning views and convenient access to a channel. The interior is designed to accommodate a large volume of patrons, with a spacious dining area capable of seating up to 96 guests. The restaurant is currently operational, presenting a unique opportunity for a buyer to acquire an established business with significant potential. The sale includes all existing restaurant equipment and fixtures. Interested parties should contact the auctioneers directly to obtain a comprehensive information packet, including the reserve price and detailed terms of the auction. This is a rare chance to own a well-established, high-capacity restaurant in a prime lakeside location. Don't miss this opportunity to acquire a profitable business and attractive property. The property is classified as General Commercial. The sale is conducted as a public auction.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $275,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $345,000
- 6.5%
- $325,000
- 7%
- $325,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $380,000
- Geo Method
- $300,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $325,000
- Retail
- $410,000
- Mixed-Use
- $350,000
- Hospitality
- $395,000
- Educational
- $390,000
- Residential Income
- $295,000
- Energy
- $395,000
- Income-Based Land
- $350,000
- Food Service
- $345,000
Location Insight
- Map
- Local Demand
- City
- Celina
- County
- Mercer
- State
- Ohio
- Longitude
- -84.4957
- Latitude
- 40.5054
- CBSA code
- 16380
- CBSA name
- CELINA, OH MICROPOLITAN STATISTICAL AREA