3 Woodside Dr Arcanum, OH 45304-1343
- Turn key restaurants
- 1,680 SF
- 0.41 lot acres
Current Use by Public Records
- Picnic's Pizza & Grille / Restaurant
Property Details for 3 Woodside Dr
- Year built
- 1972
- Construction
- BRICK
- Lot size
- 0.41 lot acres
- Property size
- 1,680 SF
- Property type
- Turn key restaurants
- APN
- P59-2-308-04-01-01-11900
- APU
- P59230804010111900
Description
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.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $125,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $120,000
- 6.5%
- $100,000
- 7%
- $115,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $130,000
- Geo Method
- $120,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $95,000
- Retail
- $115,000
- Mixed-Use
- $115,000
- Hospitality
- $105,000
- Educational
- $105,000
- Residential Income
- $95,000
- Energy
- $100,000
- Income-Based Land
- $115,000
- Food Service
- $100,000
Location Insight
- Map
- Local Demand
- City
- Arcanum
- County
- Darke
- State
- Ohio
- Longitude
- -84.5524
- Latitude
- 39.9982
- CBSA code
- 24820
- CBSA name
- GREENVILLE, OH MICROPOLITAN STATISTICAL AREA