54 Mckinley St Huron, OH 44839
- Bars
- 1,986 SF
- 0.20 lot acres
Current Use by Public Records
- Bars
Property Details for 54 Mckinley St
- Year built
- 1945
- Lot size
- 0.20 lot acres
- Property size
- 1,986 SF
- Property type
- Bars
- Property subtype
- Pubs
- APN
- 42-00896-000
- APU
- 4200896000
Description
This exceptional turn-key restaurant and tavern, located at 54 McKinley Street in the heart of Huron, Ohio, presents a rare opportunity for a savvy investor. Boasting 1,986 square feet on a 0.2-acre lot, this well-established business enjoys a prime location, conveniently situated near the city beach and other Huron amenities. The property benefits from a long and successful history as a popular gathering spot, known for its inviting atmosphere and delicious food. All existing equipment is included in the sale, with some minor exclusions to be detailed upon request. Financial information is available to qualified buyers after the execution of a Non-Disclosure Agreement (NDA). The property is sold as-is, with the understanding that the business name, "The Sand Bar," is subject to a deed restriction and cannot be altered. While the property itself offers ample parking, additional parking is secured through a separate lease agreement with an adjacent property owner. This turnkey operation is ready for a new owner to step in and continue its legacy of success in the vibrant Huron community. The asking price for this exceptional property is $775,000. Serious inquiries only.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $315,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $330,000
- 6.5%
- $305,000
- 7%
- $295,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $330,000
- Geo Method
- $295,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $275,000
- Retail
- $310,000
- Mixed-Use
- $320,000
- Hospitality
- $320,000
- Educational
- $320,000
- Residential Income
- $365,000
- Energy
- $280,000
- Income-Based Land
- $345,000
- Food Service
- $305,000
Location Insight
- Map
- Local Demand
- City
- Huron
- County
- Erie
- State
- Ohio
- Longitude
- -82.5428
- Latitude
- 41.3938
- CBSA code
- 41780
- CBSA name
- SANDUSKY, OH METROPOLITAN STATISTICAL AREA