For Sale
$299,900

251 State StConneaut, OH 44030

Historic Diner, Prime Location, Established Business

Overview

Added:
Feb 3
Days on market:
62
This exceptional commercial property at 251 State Street, Conneaut, OH, presents a rare opportunity to acquire a thriving, established business. The 3,198 square foot building, situated on a 0.15-acre lot, houses the iconic M&M State Street Diner, a beloved local landmark operating since 1927. Located in the heart of downtown Conneaut, just minutes from Lake Erie, this property boasts a prime location with excellent visibility and accessibility. The diner's existing infrastructure includes all necessary equipment and furnishings, which are included in the sale, making this a truly turnkey operation. The oversized parking lot ensures convenient access for patrons. The property benefits from readily available utilities including electricity, natural gas, sewer, water, and phone service. The building is situated on paved streets with sidewalks and streetlights. The current D5 liquor license is a significant asset, allowing for the sale of alcoholic beverages. This versatile property offers multiple income streams, with the potential to operate a restaurant, bar, and catering business simultaneously. The sale price is $299,900, and the terms of the liquor license transfer will be negotiated as part of the sale. This is an exceptional opportunity for an entrepreneur seeking a well-established business with significant growth potential in a desirable location.

Property Details for 251 State St

Property type
Square Feet
3,198 SF
Year Built
1927
Lot Size (sq. ft)
6,534 SF

Location Insight

City
Conneaut
County
Ashtabula
State
Ohio
Latitude
41.94388
Longitude
-80.55589
251 State St, Conneaut, Ohio

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251 State St
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