108-111 W Main St - Restaurant FOR SALE


Medway, OH 45341
$499,000 USD
937-431-6489
108-111 W Main St, Medway, OH for Sale
$499,000 USD
Restaurant - FOR SALE
1/91
null | 8.66% Cap Rate

108-111 W Main St
Medway, OH 45341


HIGHLIGHTS

  • Fully Leased Restaurant Retail
  • 3,403 SF Restaurant with Outdoor Seating
  • Ample Parking Across Two Lots
  • Potential Rental Property Included Across Street

OVERVIEW

With significant enhancements and building upgrades made in the last few years, this building is perfect for a new investor or someone looking for a more hands-off opportunity. Rent is $3600/Month NN. In addition to its inviting ambiance, the restaurant has undergone significant upgrades, including new flooring and other aesthetic improvements. All equipment and furniture are owned outright, with most equipment being less than three years old, ensuring modern and efficient operations. The property also includes a large parking lot across the street. Additional Rental Opportunity on parcel across the street. Currently used for storage, the vacant building could house a business on the first floor and a residential space on the second floor.

FOR SALE DETAILS

PRICE

$499,000 USD

PRICE/SF

$90 USD /SF

CAP RATE

8.66%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

111 W Main St.

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Storefront Retail/Office, Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1900

SPRINKLERS

-

PARKING SPACES

30

LAND DETAILS

LAND ACRES

0.47 AC

LAND SF

20,473 SF

ZONING

B-2

APN/PARCEL ID

01-00500-01930-3016,01-00500-01930-5016

ASK ABOUT THIS PROPERTY

David NianourisHoward Hanna Real Estate ServicesMore Info
937-431-6489

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David NianourisHoward Hanna Real Estate ServicesMore Info
937-431-6489

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.