226 Gilman Ave Marietta, OH 45750-2837
This exceptional investment opportunity presents a thriving restaurant and accompanying real estate in Marietta, Ohio's desirable Historic Harmar Village. The property, a charming 1885 building, encompasses 3000 square feet, including a fully equipped commercial kitchen, ample dining space accommodating 49 patrons, and additional office and storage areas. The restaurant, a beloved local landmark operating for over 80 years, boasts a loyal customer base drawn to its farm-fresh menu, particularly its popular breakfast offerings. Recent renovations have enhanced the property's appeal, attracting both local residents and tourists. A significant outdoor patio and substantial parking lot further enhance the property's value and functionality. The 0.58-acre lot provides ample space for potential expansion or future development. Currently operating under a triple-net lease at $3,000 per month, the restaurant offers a strong income stream. The seller is open to selling both the business and the real estate, or the real estate separately for $400,000. This prime location benefits from its proximity to the planned revitalization of the Historic Harmar Railroad Bridge, promising increased foot traffic and enhanced visibility. This presents a unique chance to acquire a well-established business and valuable real estate in a rapidly developing area. The property is ideally suited for both experienced restaurateurs and astute investors seeking a strong return on investment in a vibrant and historic setting.
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Busy Bee Restaurant
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
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.