3 Woodside DrArcanum, OH 45304

Property Details for 3 Woodside Dr

Year built

1972

Construction

BRICK

Lot size

0.41 AC

Property size (Sq ft)

1,680 SF

Property type

Retail properties

Property subtype

Turn key restaurants

APN

P59-2-308-04-01-01-11900

APU

P59230804010111900

Description

This established Arcanum, OH restaurant presents a fantastic investment opportunity. Priced at $345,000, this 1,680 square foot, single-tenant property boasts 100% occupancy. Built in 1972 and situated on a 0.405-acre lot, the property features a drive-thru, updated interior and exterior, and recently upgraded equipment including a Lincoln double-stack pizza oven, Henny Penny fryers and holding cabinet, Electro Freeze soft serve machine, Scotsman ice machine, and a complete POS system with printers. A large walk-in freezer, multiple True refrigerators, a new HVAC unit, and a new digital sign are also included. The property benefits from a standby generator, ensuring business continuity during power outages. The current dining area seats 24, with room for expansion. Recent paving around the building and drive-thru enhances curb appeal. A sizable area is available for potential outdoor seating. The property is zoned commercial and offers a rare combination of established success and significant upside potential. This turnkey operation is ready for a new owner to step in and continue its success.

• CAP approach

  CAP return

  Valuation

  6%

  $391,247

  6.5%

  $361,151

  7%

  $335,354

• Comparable approach

  Method

  Valuation

  Relative Method

  $327,761

  Geo Method

  $83,360

• Alternative Use

  Use

  Valuation

  Residential

  $304,644

  Hospitality

  $279,053

  Educational

  $232,168

  Medical

  $240,153

  Retail

  $361,151

Location Insight

City

Arcanum

County

Darke

State

Ohio

Latitude

39.9982

Longitude

-84.5524

CBSA code

24820

CBSA name

GREENVILLE, OH MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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