14475 Power Dam RdDefiance, OH 43512

Property Details for 14475 Power Dam Rd

Year built

1930

Construction

FRAME

Lot size

0.56 AC

Property size (Sq ft)

3,600 SF

Property type

Retail properties

Property subtype

Retail space

APN

B110009D00400

APU

B110009D00400

Description

This exceptional commercial property located at 14475 Power Dam Road, Unit 14475, Defiance, OH, presents a unique investment opportunity. Situated on a 0.56-acre lot along the scenic Auglaize River, this thriving bar boasts ample parking for patrons and features two convenient river docks. The property includes a separate apartment located at the front of the building, offering additional income potential or convenient owner's housing. The sale includes all equipment and inventory, ensuring a smooth transition for the new owner. This established business comes complete with liquor licenses D-1, D-2, D-3, and D-3a, allowing for a diverse range of beverage offerings. Known for its popular pool tournaments, the bar enjoys a loyal customer base and a strong reputation within the community. The stunning river views create a desirable atmosphere, attracting both locals and tourists. This turnkey operation offers significant revenue potential and is ideal for both experienced bar owners seeking expansion and newcomers looking to enter the industry. The property's prime location and established clientele provide a solid foundation for continued success. The combination of the bar, apartment, and riverfront location makes this a truly exceptional commercial property. The asking price is $230,000.

• CAP approach

  CAP return

  Valuation

  6%

  $1,015,454

  6.5%

  $937,342

  7%

  $870,389

• Comparable approach

  Method

  Valuation

  Relative Method

  $178,628

  Geo Method

  $178,628

• Alternative Use

  Use

  Valuation

  Residential

  $790,683

  Hospitality

  $724,262

  Educational

  $602,577

  Medical

  $623,301

  Retail

  $937,342

Location Insight

City

Defiance

County

Defiance

State

Ohio

Latitude

41.2337

Longitude

-84.4063

CBSA code

19580

CBSA name

DEFIANCE, OH MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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