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    1081 Bank Rd Celina, OH 45822-2452

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    1081 Bank Rd Celina, OH 45822-2452


    • Turn key restaurants
    • 1,832 SF
    Off-Market
    Last Sale Mar 5, 2025
    $550,000
    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.

    Value Estimations
    $530,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Bella's Italian Grille / 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 estimation — 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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