2067 4th St Ontario, OH 44906-1710
This prime commercial property, located at 2067 W Fourth St in Ontario, Ohio, presents a unique investment opportunity. The 4,230 square foot building, constructed in 1971, sits on a 0.798-acre lot and is priced at $620,000 ($146.57/sq ft). Previously operating as a fully equipped restaurant, this turnkey space includes existing restaurant equipment such as hoods, a walk-in cooler, an Ansul fire suppression system, a dishwasher area, booths, tables, and chairs. A liquor license is also available for transfer. The property boasts ample parking and benefits from a high-traffic location with excellent visibility, making it ideal for a variety of uses, including a drive-thru restaurant. Situated in Ontario, a major regional retail hub serving a shopping population of 150,000 in North Central Ohio, this location offers exceptional access to a large customer base. The property's zoning and potential uses should be verified independently. This is a rare opportunity to acquire a well-located, established commercial property with significant upside potential. The property is zoned for commercial use.
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
Similar Nearby for Lease
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.