11850 Walnut St Laurelville, OH 43135
This exceptional 1,568 square foot commercial property, situated on a half-acre lot at 11850 Walnut Street in Laurelville, Ohio, presents a unique opportunity for entrepreneurs. Currently operating as a successful takeout restaurant near the popular Hocking Hills region, this turnkey business is ready for immediate operation. All existing equipment is included in the sale, allowing for a seamless transition and immediate revenue generation. The current owner's focus on takeout provides a solid foundation, but significant growth potential exists through the addition of dine-in and delivery services. This strategic location offers easy access to the thriving tourism market of Hocking Hills, ensuring a consistent customer base. The property's spacious layout offers flexibility for expansion and customization to meet the needs of a growing business. The asking price is $450,000. This is an ideal opportunity for an individual seeking to establish a profitable business in a high-demand area with minimal start-up costs. The existing infrastructure and equipment eliminate the need for extensive initial investment, allowing the new owner to focus on operational efficiency and growth. Don't miss this chance to own a thriving business with significant upside in a desirable location. Serious inquiries only.
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
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.