114 Sandusky StBellevue, OH 44811

Property Details for 114 Sandusky St

Year built

1961

Lot size

0.10 AC

Property size (Sq ft)

1,450 SF

Property type

Retail properties

Property subtype

Turn key restaurants

APN

01-0010-05-009-0100

APU

10010050090100

Description

This exceptional Bellevue, OH commercial property presents a unique opportunity for entrepreneurs. Located at 114 N. Sandusky St., this 1,450 square foot building sits on a 0.1-acre lot and is offered at $295,000. Currently operating as a highly successful and established bakery, coffee shop, and sandwich shop, this turnkey business is complete with all inventory and equipment, making it ideal for immediate operation. The owners are retiring and are offering the sale of both the building and the established business. The property boasts a desirable location with high visibility and convenient access. Features include a covered front patio, an eat-in dining area, a fully equipped kitchen, a restroom, a pantry, a walk-in cooler, a basement for additional storage, a separate storage shed, and ample parking with seven designated spots. A significant advantage is the inclusion of a drive-thru window, enhancing customer convenience and potential revenue streams. A detailed inventory and improvement list is available upon request for serious buyers. The sellers are open to considering offers on the building only. This is a rare chance to acquire a thriving business and its accompanying property in a prime location.

• CAP approach

  CAP return

  Valuation

  6%

  $383,457

  6.5%

  $353,960

  7%

  $328,677

• Comparable approach

  Method

  Valuation

  Relative Method

  $341,795

  Geo Method

  $341,795

• Alternative Use

  Use

  Valuation

  Residential

  $298,578

  Hospitality

  $273,496

  Educational

  $227,546

  Medical

  $235,371

  Retail

  $353,960

Location Insight

City

Bellevue

County

Huron

State

Ohio

Latitude

41.2739

Longitude

-82.8386

CBSA code

35940

CBSA name

NORWALK, OH MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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