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Property profile & analytics
OFF-MARKET
Turn key restaurants

226 Main St Ottawa, OH 45875-1724

Entity Owned 6-yr Hold Free & Clear
Property ID
US66-0353584
Property summary
AI-generated overview

This exceptional mixed-use property, located at 226 W Main Street Unit 226 in Ottawa, Ohio, presents a unique investment opportunity. Situated on a 0.12-acre lot at a high-traffic intersection, this building offers unparalleled access to the vibrant downtown area, with shopping and dining options within easy walking distance. The property features a completely remodeled 3rd-floor, two-bedroom apartment. This apartment boasts a stunning transformation, including new wiring, drywall, fresh paint, a modern kitchen, and remodeled bathrooms. High-quality tile and flooring are installed throughout. The lower levels provide ample space ideal for one or more businesses, potentially functioning as office space or a studio, depending on the buyer's needs. The loft area offers additional versatility. The sale includes restrictions, and there's an added option to purchase a liquor license, significantly enhancing the potential for various business ventures. This property is perfect for an investor seeking a blend of residential and commercial income streams in a thriving downtown setting. The strategic location and the extensive renovations make this a truly remarkable opportunity. The 0.12-acre lot provides ample space for future expansion or outdoor amenities. Serious inquiries only.

Property profile
Verified
Property type Turn key restaurants
Use group RESTAURANT
APN 32-389010.0000
UPID US66-0353584
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
Glesken Holdings LLC · 6 yrs held
Glesken Holdings LLC
since 2020
5 recorded transactions
2023
Price N/A
2023
Price N/A
2020
$80,500
2006
Price N/A
2006
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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