501 Grand Lake, Celina, OH 45822 (MLS# 203993)

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

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

General Property Info

Lot Size Dimensions: 290 x 260 Lot Size Square Feet: 6268 Legal Description: Lot 8 Eastown Subdivision FEMA Flood Zone Y/N: No Living Area SqFt: 6268 Office SqFt: 50 # Stories: 1 Bathrooms Total: 5 # Of Buildings: 1 Ceiling Height: 20 Year Built: 1985

Tax Info

Parcel #: 27-315100.0000 Tax Annual Amount: 7694

Status Change Info

Status Change Date: 2022-01-21 Pending Date: 2022-01-20 Concession Comments: none Close Date: 2022-01-21 Sold Price: $465,000

Parking Features

Parking Total: 85

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
501 Grand Lake, Celina, OH 45822- MLS# 203993
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