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    OFF-MARKET
    Turn key restaurants

    16178 Pike St, Laurelville, OH 43135-9105

    3,011 SF
    Individually Owned 20-yr Hold Free & Clear
    Property ID
    US66-5077265
    Property summary
    AI-generated overview

    This exceptional commercial property, located at 16178 Pike Street in Laurelville, Ohio, presents a significant investment opportunity. The building boasts a substantial 3,011 square feet of space, offering ample room for a variety of commercial ventures. Situated on a lot with no acreage specified, the property's size makes it ideal for businesses requiring significant interior space without the need for extensive land. The asking price is $1,400,000, reflecting the property's potential and strategic location within Laurelville. The property is classified as "Other," suggesting versatility in its potential uses. Given its size and price point, this property is well-suited for businesses seeking a prominent presence in the Laurelville market. Further due diligence is recommended to determine the specific zoning regulations and permitted uses for the property. Interested parties are encouraged to conduct thorough inspections and assessments to fully understand the property's condition and suitability for their intended purposes. This is a rare opportunity to acquire a substantial commercial building in a desirable location. The property's size and price make it an attractive investment for businesses seeking growth and expansion. Serious inquiries only.

    Property profile
    Verified
    Property type Turn key restaurants
    Use group RESTAURANT
    Construction FRAME
    Total area 3,011 SF
    APN 14-000181.0000
    UPID US66-5077265
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • The Ridge Inn Restaurant Restaurant
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    David Eaves · 20 yrs held
    David Eaves
    since 2006
    1 recorded transaction
    2006
    $144,666
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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