600 S Cable Road, Lima, OH 45805

$395,000

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Property Type: Commercial Sale Square Footage: 1,158 Status: Closed

Current Price: $395,000 List Date: 6/27/2023 Last Modified: 9/05/2024

Description

Wow! Active restaurant business with the possibility of multiple revenue streams. Located at 600 S. Cable Rd. in Lima, OH. All the hard work is done! This is a new business on a high traffic corner! The property comes with the active restaurant, rental house, and shop building. Take over the current business or convert to your own. Everything is meticulous and up to date. ANNUAL AVERAGE DAILY TRAFFIC = 12,203

More Information MLS# 301431

General Property Info

Lot Size Dimensions: 200 x 165 Exceptions: 0 Legal Description: PT SE1/4 RTS 06-03-34 FF 114.000 FEMA Flood Zone Y/N: No Living Area SqFt: 1158 Year Built: 1958

Tax Info

Parcel #: 36-3412-01-001.000, 36-3412-01-028.000

Remarks & Misc

Public Remarks: Wow! Active restaurant business with the possibility of multiple revenue streams. Located at 600 S. Cable Rd. in Lima, OH. All the hard work is done! This is a new business on a high traffic corner! The property comes with the active restaurant, rental house, and shop building. Take over the current business or convert to your own. Everything is meticulous and up to date. ANNUAL AVERAGE DAILY TRAFFIC = 12,203

Status Change Info

Concession Comments: Brokers reduced commission by $2,500 each. Status Change Date: 2023-09-19 Pending Date: 2023-09-05 Close Date: 2023-09-19 Sold Price: $395,000

Business Type

Fast Food: 1

Construction Materials

Frame: 1

Cooling

Central Air: 1

Listing Terms

1031 Exchange: 1 Cash: 1 Conventional: 1

Electric

3 Phase: 1 Single Phase: 1

Possession

Close Plus 30 Days: 1

Heating

Forced Air: 1

Interior Features

Display Window(s): 1

Road Frontage Type

City Street: 1

Road Surface Type

Asphalt: 1

Sewer

Public Sewer: 1

Owner Pays

All Utilities: 1

Parking Features

Parking Lot: 1

Water Source

Public: 1

Roof

Asphalt: 1

Sale Includes

Business, Building & Land: 1

Security Features

Security Service: 1

Location Property Info

Current Price: $395,000 Original List Price: 450000 Property Sub Type: Business Sold Price: $395,000 Status: Closed List Date: 2023-06-27 Street #: 600 Street Direction Prefix: S Street Name: Cable Street Suffix: Road County: Allen State: OH Postal Code: 45805

Property Features

Business Type: Fast Food Construction Materials: Frame Cooling: Central Air Electric: 3 Phase; Single Phase Heating: Forced Air Interior Features: Display Window(s) Listing Terms: 1031 Exchange; Cash; Conventional Owner Pays: All Utilities Parking Features: Parking Lot Possession: Close Plus 30 Days Road Frontage Type: City Street Road Surface Type: Asphalt Roof: Asphalt Sale Includes: Business, Building & Land Security Features: Security Service Sewer: Public Sewer Water Source: Public

Listing Office: Oakridge Realty & Auction Co.

Last Updated: September - 05 - 2024

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