1460 Woodville RdMillbury, OH 43447

  • Other commercial real estate
  • 1,090 SF
For Sale
$485,000 View listing

Property Details for 1460 Woodville Rd

Year built
1957
Construction
FRAME
Lot size
35.55 AC
Property size (Sq ft)
1,090 SF
Property type
Other commercial real estate
APN
H28-712-1200-00-041.000
APU
H28712120000041000

Description

This exceptional opportunity encompasses a thriving, established catering business and its accompanying real estate. Located at 1460 Woodville Rd, Millbury, Ohio, 43447, this turnkey operation includes a 5,838 square foot building on a 2-acre lot. Built in 2001, the single-story Class B building features a fully equipped commercial kitchen, ample office space, and a four-car garage, all situated within the B-1 Neighborhood Commercial zoning. The property's APN is 712120000041000. The asking price is $485,000, and the sale includes all business assets, furniture, fixtures, equipment, and even delivery vans. This presents a unique chance for investors to acquire a well-established business with a proven track record spanning over 30 years. The current owner is retiring, making this a seamless transition for a new operator. Detailed financial information and a comprehensive equipment list are available upon execution of a non-disclosure agreement. This is a rare opportunity to acquire a profitable, established business with its own real estate, offering immediate income potential and significant long-term growth prospects.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $213,579
    Hospitality
    $195,638
    Educational
    $162,768
    Medical
    $168,366
    Retail
    $253,195
1460 Woodville Rd, Millbury, Ohio

Location Insight

City
Millbury
County
Wood
State
Ohio
Latitude
41.5755
Longitude
-83.421
CBSA code
45780
CBSA name
TOLEDO, OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$25,030
$79,660
$243,600
$323,260
-
$227,600
$696,000
$923,600

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