352 National Rd, Vandalia, OH 45377-2306
- Turn key restaurants
- 4,074 SF
- 1.31 lot acres
Current Use by Public Records
- Turn key restaurants
Property Details for 352 National Rd
- Year built
- 1998
- Lot size
- 1.31 lot acres
- Property type
- Turn key restaurants
- APN
- B02 00111 0028
- APU
- B02001110028
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Oct 11, 2024 | $550,000 | 352 East National LLC | Arc Bkmst41001 LLC | Limited Warranty Deed | — |
| Aug 10, 2020 | — | Arc Bkmst41001 LLC | — | Deed · related | $100k · Column Financial INC |
| Nov 27, 2013 | $1,047,800 | Arc Bkmst41001 LLC | Toms King Re Ohio LLC | Grant Deed · related | — |
| Aug 24, 2012 | — | Toms King Re Ohio LLC | — | Deed Of Trust · related | $39.8M · Bank Of America |
| Apr 24, 2012 | $770,600 | Toms King Re Ohio LLC | Spence Capital Holdings LP | Grant Deed | — |
| Jan 26, 2012 | — | Spence Cap Holdings LP | Skrep Oh LLC | Grant Deed · related | — |
| Apr 1, 2010 | — | Skrep Oh LLC | Vandalia 11556 Amended Trust | Grant Deed · related | $22M · Huntington National Bank |
| Dec 20, 2000 | — | William R Spence Trustee | Downtown Retaurants INC | Quit Claim Deed · related | — |
| — | — | Toms King Ohio LLC | — | Deed Of Trust · related | $17M · Bank Of America |
| — | — | Arc Bkmst41001 LLC | — | Deed Of Trust · related | $655k · Barclays Bk/plc |
Description
This 4,074-square-foot former fast-food restaurant presents a unique opportunity in Vandalia, Ohio. Located at 352 E National Rd, this single-tenant property sits on a 1.31-acre lot with excellent visibility and accessibility. The building, while needing some exterior work and landscaping, is currently vacant and ready for immediate occupancy. The previous tenant vacated less than a year ago. The property boasts 212 feet of frontage on National Road (US 40), a major thoroughfare with a reported 19,075 vehicles per day (VPD) according to ODOT. Its strategic location offers convenient access to I-75, just 0.28 miles away, ensuring high traffic volume and exposure. The property also features access via a traffic light at the rear. The building is suitable for immediate use or redevelopment. A drive-thru window could be incorporated into a new build, should demolition be preferred. Tenant improvement (TI) allowances are available, contingent upon the tenant's creditworthiness. The owner is open to considering a sale of the property. This is an exceptional opportunity for a business seeking high visibility and convenient access in a busy commercial area. The tenant will be responsible for all building maintenance and upkeep.
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $550,000
- ML approach
- $550,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $539,000
Market price range: $218k - $540k
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Vandalia
- County
- Montgomery
- State
- Ohio
- Longitude
- -84.1932
- Latitude
- 39.8907
- CBSA code
- 19430
- CBSA name
- DAYTON-KETTERING, OH METROPOLITAN STATISTICAL AREA
