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Property profile & analytics
OFF-MARKET
Turn key restaurants

9 Main St Greenwich, OH 44837-1005

1,421 SF 0.06 ac lot Built 1903
Entity Owned 2-yr Hold ~ Est. High Equity
Property ID
US66-2521514
Property summary
AI-generated overview

This unique 1903 flatiron building in Greenwich, Ohio, presents an exceptional investment opportunity. The main level houses a thriving, turnkey diner complete with all equipment, decor, established menu, strong social media presence, and secret recipes. This popular diner boasts a 30-seat capacity, utilizes Ohio high school gym floor tables and countertops, and enjoys a lack of local competition. It has even been featured on a local morning television cooking show. The diner is located on a major highway, ensuring high visibility and accessibility. Upstairs, a beautifully restored two-bedroom apartment offers versatile potential. This space could be used as additional dining space, for special events, a chef's suite, for rental income, or even converted into a bed and breakfast. The possibilities are truly endless, with potential uses including retail, a tavern, an online food ordering facility, or even a dispensary. The building sits on a 0.06-acre lot and includes a classic bank vault, adding to its historical charm and character. This property offers a rare blend of established business and significant redevelopment potential in a charming Midwestern town. The combination of a successful diner and a spacious upper-level apartment makes this a truly one-of-a-kind investment opportunity. Don't miss out on this chance to own a piece of history and build upon its existing success. The asking price is $387,000.

Property profile
Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1903
Total area 1,421 SF
Lot 0.06 ac (2,640 SF)
APN 16-042C-02-044-0000
UPID US66-2521514
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Oma's Belgian Waffles and Cafe Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Lake Erie Landscape & Property Mgmt · 2 yrs held
Lake Erie Landscape & Property Mgmt
since 2023
Last sale
$189,000
2 recorded transactions
2023
$189,000
2016
$53,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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