This 3,500 square foot restaurant located at 536 Wilson Ave, Piqua, OH 45356, is available for $139,900. Formerly Faith's Pizza, this established eatery boasts a rich 25-year history serving the Piqua community. The property includes an active liquor license, a significant advantage for prospective owners. A new roof was installed in 2020, ensuring long-term structural soundness. The ample space offers flexibility for various culinary concepts and dining experiences, allowing for customization and expansion. This prime location in a bustling area provides an established customer base and infrastructure, creating an ideal opportunity for restaurateurs seeking to revitalize an existing business or launch a new venture. The property presents a unique chance to own a piece of Piqua's culinary scene, benefiting from both the existing loyal clientele and the potential to introduce innovative ideas. This turnkey operation offers immediate potential for success.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
CAP approach
CAP return
Valuation
6%
$972,579
6.5%
$897,766
7%
$833,639
Comparable approach
Method
Valuation
Relative Method
$171,086
Geo Method
$171,086
Alternative Use
Use
Valuation
Residential
$757,299
Hospitality
$693,682
Educational
$577,135
Medical
$596,984
Retail
$897,766
Location Insight
City
Piqua
County
Miami
State
Ohio
Latitude
40.1379
Longitude
-84.2586
CBSA code
19430
CBSA name
DAYTON-KETTERING, OH METROPOLITAN STATISTICAL AREA
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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