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

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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