501 Grand Lake, Celina, OH 45822
$465,000
Property Type:
Commercial Sale
Baths:
5
Square Footage:
6,268
Lot Size (sq. ft.):
6,268
Status:
Closed
Current Price:
$465,000
List Date:
2/24/2021
Last Modified:
9/05/2024
Description
Great opportunity. Well established business Orchard Tree Restaurant. Property is fully equipped to open the doors tomorrow. Turn Key operation Prior to COVID-19 The Orchard Tree has been running a profitable business for 25 years. Closed Feb 15, 2021 Providing quality American food at a family affordable price. The building can be sold complete or if buyer chooses the property can be converted to a multiple variety of uses. Current seating capacity of 250. Property also has a full basement with two outside entrances. Drive through window At one point, there was a large meeting room, now it is used for storage. Basement has Male and Female Bathrooms. In 1985 this building cost $1,300,000 to build. Sellers purchased the restaurant 2011 for $475,000. With cost of construction this property is a priced right to sell. Roof was replaced in 2019. Owners will consider Leasing business and building to a qualified tenant
More Information MLS# 203993
Location & Property Info
Available Date: 2021-02-24
Township: Jefferson
Zoning Description: Commercial
School District: Celina Schools
AssociationY/N: No
General Property Info
Lot Size Dimensions: 290 x 260
Lot Size Square Feet: 6268
Exceptions: 0
Legal Description: Lot 8 Eastown Subdivision
FEMA Flood Zone Y/N: No
Office SqFt: 50
# Stories: 1
Bathrooms Total: 5
# Of Buildings: 1
Ceiling Height: 20
Living Area SqFt: 6268
Year Built: 1985
Tax Info
Parcel #: 27-315100.0000
Tax Annual Amount: 7694
Annual Water Assessment: 0
Annual Sewer Assessment: 0
Remarks & Misc
Directions: Celina Main Street to Wayne Wayne East to Grand Lake Road. South on Grand Lake Road
Public Remarks: Great opportunity. Well established business Orchard Tree Restaurant. Property is fully equipped to open the doors tomorrow. Turn Key operation Prior to COVID-19 The Orchard Tree has been running a profitable business for 25 years. Closed Feb 15, 2021 Providing quality American food at a family affordable price. The building can be sold complete or if buyer chooses the property can be converted to a multiple variety of uses. Current seating capacity of 250. Property also has a full basement with two outside entrances. Drive through window At one point, there was a large meeting room, now it is used for storage. Basement has Male and Female Bathrooms. In 1985 this building cost $1,300,000 to build. Sellers purchased the restaurant 2011 for $475,000. With cost of construction this property is a priced right to sell. Roof was replaced in 2019. Owners will consider Leasing business and building to a qualified tenant
Status Change Info
Concession Comments: none
Status Change Date: 2022-01-21
Pending Date: 2022-01-20
Close Date: 2022-01-21
Sold Price: $465,000
Business Type
Restaurant: 1
Construction Materials
Brick: 1
Masonite: 1
Documents Available
Aerial: 1
Cooling
Central Air: 1
Listing Terms
Cash: 1
Conventional: 1
Lease Option: 1
Electric
220 Volts: 1
Other Structures
Storage: 1
Possession
Other: 1
Flooring
Carpet: 1
Tile: 1
Vinyl: 1
Heating
Forced Air: 1
Natural Gas: 1
Interior Features
Display Window(s): 1
Wired for Data: 1
Road Frontage Type
City Street: 1
Interstate: 1
Road Surface Type
Paved: 1
Other Equipment
Fixtures: 1
Furniture: 1
Special Listing Conditions
Fair Market: 1
Parking Features
Parking Total: 85
Private: 1
Other: 1
Roof
Composition: 1
Sale Includes
Business, Building & Land: 1
Security Features
Security Lights: 1
Security System: 1
Location Property Info
Current Price: $465,000
Original List Price: 500000
Property Sub Type: Business
Sold Price: $465,000
Status: Closed
List Date: 2021-02-24
Street #: 501
Street Name: Grand
Street Suffix: Lake
County: Mercer
State: OH
Postal Code: 45822
Property Features
Business Type: Restaurant
Construction Materials: Brick; Masonite
Cooling: Central Air
Documents Available: Aerial
Electric: 220 Volts
Flooring: Carpet; Tile; Vinyl
Heating: Forced Air; Natural Gas
Interior Features: Display Window(s); Wired for Data
Listing Terms: Cash; Conventional; Lease Option
Other Equipment: Fixtures; Furniture
Other Structures: Storage
Parking Features: Private; Other
Possession: Other
Road Frontage Type: City Street; Interstate
Road Surface Type: Paved
Roof: Composition
Sale Includes: Business, Building & Land
Security Features: Security Lights; Security System
Special Listing Conditions: Fair Market
Listing Office:
Lakeshore Realtors
Last Updated: September - 05 - 2024
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