1081 Bank RdCelina, OH 45822

  • Retail properties
  • 1,832 SF
For Sale
$795,000 View listing

Property Details for 1081 Bank Rd

Year built
1938
Property size (Sq ft)
1,832 SF
Property type
Retail properties
Property subtype
Turn key restaurants
APN
08-12-226-016
APU
812226016

Description

This exceptional investment opportunity presents a well-established, profitable restaurant and bar on Grand Lake's western bank in Celina, Ohio. Boasting 8,471 square feet on a 1.4-acre lot (APN 27-0167000000), the property includes indoor and outdoor seating, a full kitchen, and docks. The restaurant features an Italian theme, a loyal customer base, and a strong online reputation (4+ star ratings). It's a turnkey operation, including all fixtures, fittings, and equipment, and benefits from various licenses: Ohio Vendor's license, food and catering license, and a D-5 and D-6 liquor license (including carry-out and Sunday sales). The location is within a Designated Outdoor Refreshment Area (DORA), enhancing summer appeal. The business has a long-standing local reputation (approximately 25 years), has received Chamber of Commerce awards ("Business of the Year" and "Person of the Year"), and utilizes professional website and marketing strategies. Complete training manuals and systems are included. Financial details are available upon request. The asking price is $795,000. Potential buyers may be eligible for financing assistance through Mercer County Economic Development, offering up to 45% of the purchase price at a 3% interest rate, with SBA loan contacts also available. This prime waterfront location offers breathtaking views and significant growth potential. The property is zoned C.

1081 Bank Rd, Celina, Ohio

Location Insight

City
Celina
County
Mercer
State
Ohio
Latitude
40.5352
Longitude
-84.5747
CBSA code
16380
CBSA name
CELINA, OH MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$7,075
$64,470
$83,890
$148,360
-
$184,210
$239,680
$423,890

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