105 Liberty StArlington, OH 45814

Property Details for 105 Liberty St

Year built

1910

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

0.07 AC

Property size (Sq ft)

2,220 SF

Property type

Retail properties

Property subtype

Turn key restaurants

APN

310000070920

APU

310000070920

Description

This exceptional property at 105 E Liberty Street, Unit 105, Arlington, OH, presents a fantastic business opportunity in a charming small town setting. The main building boasts a beautiful and inviting interior retail space, perfect for customer interaction and comfortable seating during colder months. A sizable outdoor area provides ample space for patrons to enjoy during warmer weather, further enhanced by an existing stage, ideal for live entertainment or events. This versatile space offers a unique blend of indoor and outdoor experiences, creating a welcoming atmosphere for both the business owner and clientele. Adding to the investment potential, the property includes three income-generating apartments located upstairs. One apartment features one bedroom and rents for $300 per month, another offers one bedroom at $500 per month, and a final unit provides two bedrooms for $550 per month. The sale includes all existing business assets, providing a seamless transition for the new owner. Furthermore, the liquor license is transferable, adding significant value and convenience. This turnkey operation, situated on a 0.07-acre lot, is priced at $579,900 and represents a rare opportunity to acquire a thriving business with substantial rental income potential in a desirable location. The combination of a well-established business, attractive rental units, and a transferable liquor license makes this an exceptional investment opportunity. Don't miss out on this chance to own a thriving business with significant upside potential.

• CAP approach

  CAP return

  Valuation

  6%

  $451,944

  6.5%

  $417,179

  7%

  $387,380

• Comparable approach

  Method

  Valuation

  Relative Method

  $523,300

  Geo Method

  $523,300

• Alternative Use

  Use

  Valuation

  Residential

  $351,906

  Hospitality

  $322,344

  Educational

  $268,186

  Medical

  $277,410

  Retail

  $417,179

Location Insight

City

Arlington

County

Hancock

State

Ohio

Latitude

40.8933

Longitude

-83.6505

CBSA code

22300

CBSA name

FINDLAY, OH MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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