300 Emmitt Ave Waverly, OH 45690-1006
This exceptional turnkey restaurant opportunity in Waverly, Ohio presents a unique chance to acquire a thriving business. Located at 300 W Emmitt Avenue, this 1,820-square-foot diner boasts a distinctive 1950s theme and decor, creating a nostalgic and inviting atmosphere for patrons. Established in 2000, the business enjoys a loyal customer base and benefits from its prime location on Emmitt Avenue/US 23, a high-traffic area with a daily count of 27,789 vehicles. The sale includes the building, land (14,810.4 square feet), equipment, inventory, and the established business name, "Diner 23." The restaurant operates seven days a week, opening daily at 7:00 am, except for Wednesdays. The asking price is $675,000, translating to $370.88 per square foot. Potential buyers should be aware that the property is situated within a flood zone. This is a rare chance to own a well-established, profitable restaurant with significant potential for continued growth in a bustling Ohio community. The sale includes all aspects of the business, making this a truly turnkey operation ready for immediate ownership.
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Maddy's Diner 23 Restaurant
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Remy's Used Cars Car Dealership
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.