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
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
General Property Info
Lot Size Dimensions: 94 x 230
Lot Size Square Feet: 21620
Inclusions: Real Estate, Business, Inventory, Fixtures & Equipment, Goodwill, Account Receivables.
Legal Description: Ada Lands-.462A
FEMA Flood Zone Y/N: No
Living Area SqFt: 9180
Office SqFt: 540
# Stories: 1
Bathrooms Total: 2
# Of Buildings: 1
Ceiling Height: 17
Year Built: 1988
Enhanced Accessible: No
Tax Info
Parcel #: 25-020038.0000
Tax Annual Amount: 4527
Tax Other Annual Assessment Amount: 556.22
Status Change Info
Status Change Date: 2025-03-31
Pending Date: 2025-01-24
Concession Comments: None
Close Date: 2025-03-31
Sold Price: $1,300,000
Financial Details
Electric Expense: 888.63
Fuel Expense: 232.29
Water Sewer Expense: 76.28
Parking Features
Parking Total: 32
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
Last Updated: March - 31 - 2025

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