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109 W George St
Arcanum, OH 45304
Retail Property For Sale

Property Facts
About 109 W GEORGE ST , ARCANUM, OH 45304
Historic Mixed-Use Office/Residential Over Retail Historic Mixed-Use Office/Residential Over Retail The historic Smith Building property (erected in 1851) is a mixed-use development opportunity with seven potential income-producing spaces. The building features a strategic mix of retail, potential office and residential components. This building is currently the home of a Best of Ohio award-winning restaurant with a broad regional draw. The restaurant, its brand and assets are included in the purchase price. This property offers spectacular opportunity and value for an owner interested in creating a destination establishment. Leveraging the current press in Darke County as a tourism destination, the current owners have combined a chef-driven restaurant concept with the neighboring general store, generating repetitive traffic from visitors within a 90-mile radius. With additional attention to positioning, investment in the general store concept and visibility marketing, the space has tremendous potential for investment return. Mixed-Use Components: - Award Winning Restaurant Concept - Catering & Event Room - Two Retail Storefronts - Office Over Retail - Residential Over Retail (Apartment) This property is located in Arcanum, Ohio in the heart of Darke County. The historic building is a prime opportunity for development being offered at just the right time. Darke County Ohio is fast becoming one of the state' s top travel destinations, boasting multiple Best of Ohio awards over the past 3 years. In 2016 alone, ten individual locations throughout the county were voted Best of in their individual categories by Ohio Magazine readers, making the area a hot spot destination for travelers from across the state. The Village of Arcanum offers multiple business incentives, from reduced utility service fees to revolving loans and income tax grants. Some relevant incentives are listed in the property brochure.
Property Taxes
| Parcel Number | P59-2-308-04-03-03-11500 | Improvements Assessment | $184,350 |
| Land Assessment | $8,390 | Total Assessment | $192,740 |
Property Taxes
Listing ID: 6979658
Date on Market: 4/28/2017
Last Updated:
Address: 109 W George St, Arcanum, OH 45304
