1081 Bank Rd Celina, OH 45822-2452
This exceptional investment opportunity presents a well-established, profitable restaurant and bar on Grand Lake's western bank in Celina, Ohio. Boasting 8,471 square feet on a 1.4-acre lot (APN 27-0167000000), the property includes indoor and outdoor seating, a full kitchen, and docks. The restaurant features an Italian theme, a loyal customer base, and a strong online reputation (4+ star ratings). It's a turnkey operation, including all fixtures, fittings, and equipment, and benefits from various licenses: Ohio Vendor's license, food and catering license, and a D-5 and D-6 liquor license (including carry-out and Sunday sales). The location is within a Designated Outdoor Refreshment Area (DORA), enhancing summer appeal. The business has a long-standing local reputation (approximately 25 years), has received Chamber of Commerce awards ("Business of the Year" and "Person of the Year"), and utilizes professional website and marketing strategies. Complete training manuals and systems are included. Financial details are available upon request. The asking price is $795,000. Potential buyers may be eligible for financing assistance through Mercer County Economic Development, offering up to 45% of the purchase price at a 3% interest rate, with SBA loan contacts also available. This prime waterfront location offers breathtaking views and significant growth potential. The property is zoned C.
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Bella's Italian Grille Restaurant
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.