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Property profile & analytics
FOR SALE
Drive through restaurants

215 Lima St Forest, OH 45843

1,161 SF 0.23 ac lot Built 1955
Individually Owned 1-yr Hold Absentee Owner Free & Clear
Property ID
US66-4855299
Property summary
AI-generated overview

This exceptional commercial property located at 215 Lima St., Forest, Ohio 45843, presents a unique investment opportunity. Priced at $300,000, this 15,000 square foot office building is currently set up as a fully operational pizza restaurant, complete with all necessary equipment. The turnkey operation includes a convenient drive-thru window, seating for 10-20 patrons inside, and a comprehensive array of commercial kitchen equipment. This equipment list encompasses an auto-fry deep fryer, a double-deck oven, a commercial dough mixer, ample freezers and coolers, and extensive prep tables. A detailed inventory of the included equipment is available upon request. The property's prime location in Forest, Ohio, offers significant potential for continued success in the food service industry or adaptation for other commercial uses. This is an ideal opportunity for an entrepreneur seeking a ready-to-run business or an investor looking for a strong return. The property is situated at 40.801508 latitude and -83.5096812 longitude in Forest, Ohio, within county 39065. Serious inquiries are encouraged to explore this promising venture.

Property profile
Verified
Property type Drive through restaurants
Use group DRIVE-THRU RESTAURANT, FAST FOOD
Year built 1955
Total area 1,161 SF
Lot 0.23 ac (10,000 SF)
APN 23-120010.0000
UPID US66-4855299
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Thomas A Fair · 1 yrs held
Thomas A Fair
since 2024
1 recorded transaction
2024
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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More about this property
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