106 S Johnson Street, Ada, OH 45810 (MLS# 303733)

106 S Johnson Street, Ada, OH 45810

$1,300,000
Property Type: Commercial Sale Baths: 2 Square Footage: 9,180 Lot Size (sq. ft.): 21,620 Status: Closed
Current Price: $1,300,000 List Date: 4/17/2024 Last Modified: 3/31/2025

Description

For sale: Established hardware store with a loyal customer base, affiliated with Do It Best, located in the charming small town of Ada, Northwestern Ohio. This thriving business has been serving the community for 45 years and is housed in an impressive 8,000 square feet metal and steel building, offering ample space for a wide range of products. Key features include: 1. Prime Location: Situated in a small town, the store benefits from a close-knit community where word-of-mouth and repeat business are strong drivers of sales. 2. Do It Best Affiliation: Being affiliated with Do It Best ensures access to a vast array of quality products, competitive pricing, and support services, enhancing the store's credibility and offerings. 3. Profitable Business: With annual sales grossing over $800,000, this hardware store has demonstrated consistent profitability and growth over the years, making it an attractive investment opportunity. 4. Well-Maintained Property: The metal and steel building offers durability and low maintenance, while the paved parking lot ensures convenience for customers. 5. Selling Inventory, Fixtures, Equipment, and Real Estate: The sale includes not only the inventory of products but also fixtures, equipment, and the real estate, providing a comprehensive opportunity for new ownership to seamlessly take over operations. Potential buyers can capitalize on the established customer base, strong community ties, and the reputation built over decades of service. Whether you're an experienced entrepreneur looking to expand your portfolio or someone seeking a profitable business in a thriving small-town setting, this hardware store presents an exciting investment prospect.

More Information MLS# 303733

General Property Info

Lot Size Dimensions: 94 x 230 Lot Size Square Feet: 21620 Inclusions: Real Estate, Business, Inventory, Fixtures & Equipment, Goodwill, Account Receivables. Exceptions: 0 Legal Description: Ada Lands-.462A FEMA Flood Zone Y/N: No Office SqFt: 540 # Stories: 1 Bathrooms Total: 2 # Of Buildings: 1 Ceiling Height: 17 Enhanced Accessible: No Living Area SqFt: 9180 Year Built: 1988

Tax Info

Parcel #: 25-020038.0000 Tax Annual Amount: 4527 Annual Water Assessment: 0 Annual Sewer Assessment: 0 Tax Other Annual Assessment Amount: 556.22

Remarks & Misc

Public Remarks: For sale: Established hardware store with a loyal customer base, affiliated with Do It Best, located in the charming small town of Ada, Northwestern Ohio. This thriving business has been serving the community for 45 years and is housed in an impressive 8,000 square feet metal and steel building, offering ample space for a wide range of products. Key features include: 1. Prime Location: Situated in a small town, the store benefits from a close-knit community where word-of-mouth and repeat business are strong drivers of sales. 2. Do It Best Affiliation: Being affiliated with Do It Best ensures access to a vast array of quality products, competitive pricing, and support services, enhancing the store's credibility and offerings. 3. Profitable Business: With annual sales grossing over $800,000, this hardware store has demonstrated consistent profitability and growth over the years, making it an attractive investment opportunity. 4. Well-Maintained Property: The metal and steel building offers durability and low maintenance, while the paved parking lot ensures convenience for customers. 5. Selling Inventory, Fixtures, Equipment, and Real Estate: The sale includes not only the inventory of products but also fixtures, equipment, and the real estate, providing a comprehensive opportunity for new ownership to seamlessly take over operations. Potential buyers can capitalize on the established customer base, strong community ties, and the reputation built over decades of service. Whether you're an experienced entrepreneur looking to expand your portfolio or someone seeking a profitable business in a thriving small-town setting, this hardware store presents an exciting investment prospect.

Status Change Info

Concession Comments: None Status Change Date: 2025-03-31 Pending Date: 2025-01-24 Close Date: 2025-03-31 Sold Price: $1,300,000

Business Type

Retail: 1 See Remarks: 1

Construction Materials

Block: 1 Metal Siding: 1 Steel Frame: 1

Documents Available

Aerial: 1 Cash Flow Analysis: 1 Equipment List: 1 Inventory List: 1 P&L's: 1

Cooling

Central Air: 1

Listing Terms

Cash: 1 Conventional: 1

Electric

220 Volts: 1 3 Phase: 1 440 Volts: 1

Financial Details

Electric Expense: 888.63 Fuel Expense: 232.29 Water Sewer Expense: 76.28

Possession

Close Of Escrow: 1

Flooring

Ceramic Tile: 1 Concrete: 1

Heating

Forced Air: 1 Natural Gas: 1

Interior Features

Loading Dock-Ground Level: 1 Wired for Data: 1

Road Frontage Type

City Street: 1

Road Surface Type

Asphalt: 1 Paved: 1

Sewer

Public Sewer: 1

Other Equipment

Fixtures: 1 Furniture: 1 Sign: 1

Owner Pays

Accounting: 1 Advertising License Permit: 1 All Utilities: 1 Exterior Maintenance: 1 Insurance: 1 Legal: 1 Payroll: 1 Supplies: 1 Taxes: 1

Special Listing Conditions

Fair Market: 1 Real Estate Owned: 1

Parking Features

Parking Total: 32 Parking Lot: 1

Utilities

Sewer Connected: 1 Water Connected: 1

Water Source

Public: 1

Roof

Metal: 1

Sale Includes

Business, Building & Land: 1

Security Features

24 Hour Security: 1 Building Security: 1 Closed Circuit Camera(s): 1 Fire Alarm: 1 Firewall(s): 1 Security Lights: 1 Security System: 1 Security System Owned: 1 Smoke Detector(s): 1

Showing Considerations

Occupied: 1

Location Property Info

Current Price: $1,300,000 Original List Price: 1495000 Property Sub Type: Business Sold Price: $1,300,000 Status: Closed List Date: 2024-04-16 Street #: 106 Street Direction Prefix: S Street Name: Johnson Street Suffix: Street County: Hardin State: OH Postal Code: 45810

Property Features

Business Type: Retail; See Remarks Construction Materials: Block; Metal Siding; Steel Frame Cooling: Central Air Documents Available: Aerial; Cash Flow Analysis; Equipment List; Inventory List; P&L's Electric: 220 Volts; 3 Phase; 440 Volts Flooring: Ceramic Tile; Concrete Heating: Forced Air; Natural Gas Interior Features: Loading Dock-Ground Level; Wired for Data Listing Terms: Cash; Conventional Other Equipment: Fixtures; Furniture; Sign Owner Pays: Accounting; Advertising License Permit; All Utilities; Exterior Maintenance; Insurance; Legal; Payroll; Supplies; Taxes Parking Features: Parking Lot Possession: Close Of Escrow Road Frontage Type: City Street Road Surface Type: Asphalt; Paved Roof: Metal Sale Includes: Business, Building & Land Security Features: 24 Hour Security; Building Security; Closed Circuit Camera(s); Fire Alarm; Firewall(s); Security Lights; Security System; Security System Owned; Smoke Detector(s) Sewer: Public Sewer Special Listing Conditions: Fair Market; Real Estate Owned Utilities: Sewer Connected; Water Connected Water Source: Public Showing Considerations: Occupied
Listing Office: Century 21 Sunway Realty-Ada
IDX
Last Updated: March - 31 - 2025
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