1031 Findlay RdLima, OH 45801

Property Details for 1031 Findlay Rd

Year built

1949

Lot size

0.36 AC

Property size (Sq ft)

3,000 SF

Property type

Turn key restaurants

APN

37-3008-14-009.000

APU

37300814009000

Description

This exceptional turnkey business opportunity encompasses a thriving 3,000 square foot bar and restaurant located at 1031 Findlay Road, Unit 1031, Lima, OH. The property is offered at $450,000 and includes both the real estate and the established business. This presents a unique chance for an investor or experienced restaurateur to acquire a fully operational establishment with significant potential for growth. The spacious interior provides ample room for seating, a fully equipped bar, and a kitchen ready for immediate use. All necessary equipment and fixtures are included in the sale, minimizing the start-up costs and allowing for a seamless transition. The property's location in Lima, OH offers excellent visibility and accessibility, ensuring a steady stream of customers. Detailed financial records are available upon request, providing a comprehensive overview of the business's performance and profitability. This is a rare opportunity to acquire a well-established and profitable business with significant upside potential. The sale includes all existing furniture, fixtures, and equipment, making this a truly turnkey operation. Serious inquiries only. Contact us today to schedule a showing and explore this exciting investment opportunity. The property sits on a 0-acre lot. The property type is listed as "Other".

• CAP approach

  CAP return

  Valuation

  6%

  $653,645

  6.5%

  $603,364

  7%

  $560,267

• Comparable approach

  Method

  Valuation

  Relative Method

  $61,432.80

  Geo Method

  $61,432.80

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $1,171,050

  Mixed-Use / Specialty

  $603,464

  Hospitality / Lodging

  $445,672

  Office

  $602,223

  Institutional / Educational

  $628,164

  Residential Income

  $734,951

  Multifamily

  $868,985

  Automotive / Energy

  $538,426

  Parking / Income-Based Land

  $183,581

  Restaurant / Food Service

  $318,669

  Healthcare / Senior Housing

  $616,533

Location Insight

City

Lima

County

Allen

State

Ohio

Latitude

40.7536

Longitude

-84.0905

CBSA code

30620

CBSA name

LIMA, OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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