For Sale
$225,000

306 Marion StWaldo, OH 43356

Established Restaurant, High-Income Potential

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional turnkey restaurant opportunity in Waldo, Ohio, presents a unique chance to own a thriving business. The 3,248-square-foot property, built in 1920 and extensively renovated in 2017, sits on a spacious 10,890-square-foot lot. The asking price is $225,000, translating to $69.27 per square foot. The property includes a fully equipped commercial kitchen, a bar with ample seating, and a large game room adaptable for various uses, such as pool tables, darts, or live entertainment. All existing equipment is included in the sale. Adding to the investment potential are two additional rental properties: a currently rented one-bedroom apartment above the bar and a separate freestanding house requiring some renovation. Liquor licenses (D1-D3A) are transferable. Strategically located in southern Marion County, just 10 miles north of Delaware and easily accessible from Route 23, this property offers endless possibilities. The seller has made significant investments, and the property is being sold "as is." This is a rare chance to acquire an established business with significant upside potential in a desirable location. The property's prime location and existing infrastructure make it an ideal investment for a savvy entrepreneur seeking a ready-to-operate restaurant with additional income streams.

Highlights

  • $225,000 asking price for this 3,248 SF retail restaurant.
  • Turnkey restaurant with all equipment included.
  • Features a bar, full commercial kitchen, and large game room.
  • Liquor licenses (D1-D3A) transferable.
  • Includes a 1-bedroom apartment (currently rented) and a separate freestanding house with rental potential.
  • Located in Waldo, OH, 10 miles north of Delaware, easily accessible from Route 23.

Property Details for 306 Marion St

Property type
Retail properties, Restaurants
Square Feet
3,248 SF
Year Built/Renovated
1920/2017

Location Insight

City
Waldo
County
Marion
State
Ohio
Latitude
40.4555254
Longitude
-83.0754596
306 Marion St, Waldo, Ohio

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306 Marion St
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