3 Woodside Dr Arcanum, OH 45304-1343
This established Arcanum, OH restaurant presents a fantastic investment opportunity. Priced at $345,000, this 1,680 square foot, single-tenant property boasts 100% occupancy. Built in 1972 and situated on a 0.405-acre lot, the property features a drive-thru, updated interior and exterior, and recently upgraded equipment including a Lincoln double-stack pizza oven, Henny Penny fryers and holding cabinet, Electro Freeze soft serve machine, Scotsman ice machine, and a complete POS system with printers. A large walk-in freezer, multiple True refrigerators, a new HVAC unit, and a new digital sign are also included. The property benefits from a standby generator, ensuring business continuity during power outages. The current dining area seats 24, with room for expansion. Recent paving around the building and drive-thru enhances curb appeal. A sizable area is available for potential outdoor seating. The property is zoned commercial and offers a rare combination of established success and significant upside potential. This turnkey operation is ready for a new owner to step in and continue its success.
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Picnic's Pizza & Grille Restaurant
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
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.