5355 Circle DrCelina, OH 45822

Property Details for 5355 Circle Dr

Year built

1900

Lot size

0.58 AC

Property size (Sq ft)

4,020 SF

Property type

Retail properties

Property subtype

Turn key restaurants

APN

09-22-226-002

APU

922226002

Description

This thriving restaurant at 5355 Circle, Celina, OH, is being offered via public auction. The property boasts a substantial 4,718 square feet of space, situated on a desirable 0.58-acre lot. A key feature is its exceptional location, just 300 yards from the main lake, offering stunning views and convenient access to a channel. The interior is designed to accommodate a large volume of patrons, with a spacious dining area capable of seating up to 96 guests. The restaurant is currently operational, presenting a unique opportunity for a buyer to acquire an established business with significant potential. The sale includes all existing restaurant equipment and fixtures. Interested parties should contact the auctioneers directly to obtain a comprehensive information packet, including the reserve price and detailed terms of the auction. This is a rare chance to own a well-established, high-capacity restaurant in a prime lakeside location. Don't miss this opportunity to acquire a profitable business and attractive property. The property is classified as General Commercial. The sale is conducted as a public auction.

• CAP approach

  CAP return

  Valuation

  6%

  $1,133,924

  6.5%

  $1,046,699

  7%

  $971,935

• Comparable approach

  Method

  Valuation

  Relative Method

  $199,468

  Geo Method

  $199,468

• Alternative Use

  Use

  Valuation

  Residential

  $882,930

  Hospitality

  $808,759

  Educational

  $672,878

  Medical

  $696,019

  Retail

  $1,046,699

Location Insight

City

Celina

County

Mercer

State

Ohio

Latitude

40.5054

Longitude

-84.4957

CBSA code

16380

CBSA name

CELINA, OH MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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