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Property profile & analytics

1081 Bank Rd Celina, OH 45822-2452

  • Turn key restaurants
  • 1,832 SF
OFF-MARKET
Last Sale
Mar 05, 2025
$550,000
Value Estimations
$500,000
Show details
Cap Rate Potential
Location Intelligence
Property ID
US66-2976071
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Bella's Italian Grille / Italian Restaurant / American Restaurant

Property Details for 1081 Bank Rd

Year built
1938
Property size
1,832 SF
Property type
Turn key restaurants
APN
08-12-226-016
APU
812226016

Description

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.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    Statistic approach
    $500,000
    ML approach
    $520,000

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Celina
County
Mercer
State
Ohio
Longitude
-84.5747
Latitude
40.5352
CBSA code
16380
CBSA name
CELINA, OH MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$7,075
$64,470
$83,890
$148,360
-
$184,210
$239,680
$423,890
More about this property
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