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111 W Main St. 108-111 W Main St

5,526 SF Retail Building Medway, OH 45341 $707,318 CAD ($128 CAD/SF)

Investment Highlights

  • Restaurant Retail
  • Ample Parking Across Two Lots
  • 3,403 SF Restaurant with Outdoor Seating
  • Potential Rental Property Included Across Street

Executive Summary

With significant enhancements and building upgrades made in the last few years, this building offers minimal risk.
In addition to its inviting ambiance, the restaurant has undergone significant upgrades, including new flooring and other aesthetic improvements. All equipment and furniture are owned outright, with most equipment being less than three years old, ensuring modern and efficient operations. The property also includes a large parking lot across the street.
Additional Rental Opportunity on parcel across the street. Currently used for storage, the vacant building could house a business on the first floor and a residential space on the second floor.

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Restaurant
Building Size
5,526 SF
Building Class
C
Year Built
1900
Price
$707,318 CAD
Price Per SF
$128 CAD
Tenancy
Single
Building Height
2 Stories
Building FAR
0.27
Lot Size
0.47 AC
Zoning
B-2
Parking
30 Spaces (5.43 Spaces per 1,000 SF Leased)
Frontage
46 ft on W Main St

Amenities

  • 24 Hour Access
  • Restaurant
  • Signage
  • Tenant Controlled HVAC
  • Waterfront
  • Storage Space

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 01-00500-01930-3016
  • 01-00500-01930-5016
Land Assessment
$16,886 CAD
Improvements Assessment
$135,793 CAD
Total Assessment
$152,679 CAD
  • Listing ID: 33758360

  • Date on Market: 2024-11-05

  • Last Updated:

  • Address: 108-111 W Main St, Medway, OH 45341

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