315 Market St Tiffin, OH 44883
- Schools
- 6,076 SF
- 0.54 lot acres
Current Use by Public Records
- Schools
Property Details for 315 Market St
- Year built
- 1912
- Construction
- TYPE NOT SPECIFIED
- Lot size
- 0.54 lot acres
- Property size
- 6,076 SF
- Property type
- Schools
- APN
- Q53015368440000
- APU
- Q53015368440000
Description
This 3,828 square foot former Denny's restaurant building is available for sale at $749,000 ($195.66/sq ft). Located at 315 W Market St, Tiffin, OH 44883, this fee-simple property sits on a 1.26-acre lot and offers significant potential for an owner-user or developer. Built in 1962, the building is currently vacant and available for immediate occupancy. The property is being sold "as-is," and showings are available to qualified buyers with proof of funds. A non-binding Letter of Intent is required, along with a $25,000 initial deposit. A 21-day due diligence period is provided, allowing for building inspection, Phase I, and ALTA survey. The deposit increases to $50,000 at the end of this period and becomes non-refundable. Buyers have a 30-day period after contingency release to close escrow. No seller financing or lease options are available. The property benefits from high traffic volume, with over 12,000 cars passing daily on W. Market Street, and serves a population of over 25,000 residents within a 5-mile radius. Rent bumps are possible. This is a unique opportunity to acquire a well-situated commercial property in a thriving community.
Value Estimations
-
AI approach
- Method
- Estimation
- ML approach
- $270,000
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Location Insight
- Map
- Local Demand
- City
- Tiffin
- County
- Seneca
- State
- Ohio
- Longitude
- -83.1698
- Latitude
- 41.1162
- CBSA code
- 45660
- CBSA name
- TIFFIN, OH MICROPOLITAN STATISTICAL AREA
