53 E Market St - Restaurant FOR SALE


Germantown, OH 45327
$249,000 USD
937-815-1380
53 E Market St, Germantown, OH for Sale
$249,000 USD
Restaurant - FOR SALE
1/38
null | Request Cap Rate

53 E Market St
Germantown, OH 45327


HIGHLIGHTS

  • 7,215 VPD on Market St.
  • Expansive storefront glass
  • Updated interior, well maintained

OVERVIEW

New listing! High traffic count, freestanding retail building is now available for sale in the heart of Historic Germantown! There are 7,215 vehicles that pass this building daily. Owners currently operate a successful pet grooming business and would like to lease back for several months from the Buyer, allowing for immediate rental income during the ownership transition. The property offers a recently upgraded interior, including fully new finish out in 2023, suspended ceiling with 2x4 fixtures, new epoxy coated flooring, and tile waiting area/break room along the storefront. ADA restroom, accent lighting, and parking for +/-8 cars, with additional on-street parking. Flat EPDM roof, HVAC and electrical panel 2023, re-stained wood siding, and covered porch/small deck add character to this charming property. The building is well suited for all types of small retail businesses: cafe, clothing boutique, continued use as a grooming business, hair or nail salon, barber shop, and many others. The Germantown historic district is walkable and has attractions such as the Florentine Restaurant, covered bridge, and Metro Park. Please see attached Germantown zoning permissions. Buyer is responsible for verifying approved use with the Village of Germantown. Showings by appt. only--please do not disrupt the current business. Call Lauren Rau of Glasshouse Commercial Realty for further details #937-815-1380.

FOR SALE DETAILS

PRICE

$249,000 USD

PRICE/SF

$213 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Convenience Store, Freestanding, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1970

SPRINKLERS

-

PARKING SPACES

6

LAND DETAILS

CROSS STREETS

Cherry Street

LAND ACRES

0.08 AC

LAND SF

3,485 SF

ZONING

C-2

APN/PARCEL ID

D13-00109-0059

ASK ABOUT THIS PROPERTY

Lauren RauGlasshouse Realty Group LLCMore Info
937-815-1380

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Lauren RauGlasshouse Realty Group LLCMore Info
937-815-1380

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.