1821 Wheeling AveCambridge, OH 43725

Property Details for 1821 Wheeling Ave

Year built

1974

Lot size

0.48 AC

Property size (Sq ft)

1,964 SF

Property type

Retail properties

Property subtype

Turn key restaurants

APN

06-0002035.001

APU

60002035001

Description

This 1,950 square foot free-standing restaurant building in Cambridge, Ohio, presents a fantastic opportunity. Located on a major commuter route, just minutes from I-77, this property boasts a highly desirable drive-thru lane. The building is a single-tenant space and includes a comprehensive suite of fixtures, fittings, and equipment (FF&E). This equipment package features a walk-in cooler, walk-in freezer, a three-compartment sink, an ice machine, fryers, and more, minimizing the initial investment for a new operator. The property's strategic location within Guernsey County places it in close proximity to a variety of established businesses, including Wendy's, McDonald's, Taco Bell, Burger King, U.S. Bank, Speedway, and Riesbeck's Supermarket, ensuring high visibility and foot traffic. The address is 1821 E Wheeling Ave, Cambridge, OH 43725. Cambridge serves as the county seat, further solidifying its position as a central hub within the community. This turnkey operation is ready for immediate occupancy and presents a compelling investment opportunity for experienced restaurant owners. A virtual tour is available.

• CAP approach

  CAP return

  Valuation

  6%

  $549,057

  6.5%

  $506,821

  7%

  $470,620

• Comparable approach

  Method

  Valuation

  Relative Method

  $462,956

  Geo Method

  $462,956

• Alternative Use

  Use

  Valuation

  Residential

  $427,523

  Hospitality

  $391,609

  Educational

  $325,814

  Medical

  $337,019

  Retail

  $506,821

Location Insight

City

Cambridge

County

Guernsey

State

Ohio

Latitude

40.0273

Longitude

-81.5737

CBSA code

15740

CBSA name

CAMBRIDGE, OH MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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