111 W Main St. | 108-111 W Main St
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111 W Main St. 108-111 W Main St
5,526 SF Retail Building Medway, OH 45341 $499,000 ($90/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.
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
Owner User
Property Type
Retail
Property Subtype
Building Size
5,526 SF
Building Class
C
Year Built
1900
Price
$499,000
Price Per SF
$90
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
| Parcel Numbers | Improvements Assessment | $96,500 | |
| Land Assessment | $12,000 | Total Assessment | $108,500 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$12,000
Improvements Assessment
$96,500
Total Assessment
$108,500
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111 W Main St. | 108-111 W Main St
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