1144 Wyandot AveUpper Sandusky, OH 43351

Property Details for 1144 Wyandot Ave

Lot size

2.74 AC

Property type

Retail properties

Property subtype

Turn key restaurants

APN

06-450081.0000

APU

64500810000

Description

This exceptional turnkey restaurant opportunity presents the chance to acquire The Steer Barn, a well-established dining destination in Upper Sandusky, Ohio. Located at 1144 E Wyandot Ave, this 6,346 square foot, two-story restaurant has been a local favorite since 1965, operating within a historic barn setting. The sale includes the real estate and all business assets, creating a seamless transition for the new owner. The property features a fully equipped kitchen, bar, and existing liquor license, along with all fixtures and furnishings. Extensive memorabilia adds to the unique character and charm of this well-loved establishment. The asking price is $785,000, representing a price per square foot of $123.70. Conveniently located with easy access from Highway 30, this property is zoned HB. The property's APN is 064500810000. This is a rare opportunity to own and operate a profitable, turnkey restaurant with a rich history and loyal customer base. Showings are best scheduled for Mondays or Tuesdays, or before 3 PM Wednesday through Saturday.

• CAP approach

  CAP return

  Valuation

  6%

  $24,297,878

  6.5%

  $22,428,810

  7%

  $20,826,752

• Comparable approach

  Method

  Valuation

  Relative Method

  $28,134,220

  Geo Method

  $28,134,220

• Alternative Use

  Use

  Valuation

  Residential

  $18,919,540

  Hospitality

  $17,330,198

  Educational

  $14,418,521

  Medical

  $14,914,396

  Retail

  $22,428,810

Location Insight

City

Upper Sandusky

County

Wyandot

State

Ohio

Latitude

40.8307

Longitude

-83.2602

Property Tax & Assessments

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