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Investment Highlights

  • Prime location in the heart of downtown Celina’s revitalization district
  • High-visibility corner lot with excellent foot and vehicle traffic
  • Open floor plans offer flexible configuration for a wide variety of uses-Ideal for retail, office, event space, creative studios, or mixed-use concept
  • Two floors of commercial space above the established 202 Tavern – 4,500 sq. ft. on the second floor – 3,500 sq. ft. on the third floor
  • Within blocks of Grand Lake St. Marys, a major regional attraction
  • Owners willing to consider multiple development options- Lease options available with terms negotiable based on intended use and build-out needs

Executive Summary

Positioned in the heart of downtown Celina, this three-story historic building presents a rare opportunity for investors and established restaurant operators alike. Ideally located on a main highway with exceptional visibility and consistent traffic flow, the property is just a few blocks from Grand Lake St. Marys—a premier destination that draws both year-round residents and seasonal visitors.
The first floor is currently leased and operating as restaurant space, providing immediate, stable income. The existing layout offers a turnkey setup for continued restaurant use, making it an attractive option for operators seeking a second location, flagship presence, or a rebranded dining concept in a thriving lake community.
The upper two floors are vacant and ready for customization, offering significant value-add potential. These spaces are well-suited for a variety of uses, including residential loft apartments, short-term rentals, private dining or event space, office suites, or a fully integrated multi-level hospitality concept. The flexibility of the layout allows for multiple revenue streams and long-term appreciation.
With its prime downtown location, proximity to lake-driven traffic, and a blend of income-producing and redevelopment opportunities, this property is well-positioned for those looking to invest, expand, or establish a destination presence in the growing Celina market.

Property Facts

Sale Type
Investment
Property Type
Office
Building Size
15,680 SF
Building Class
B
Year Built
1876
Price
$2,200,000
Price Per SF
$140.31
Percent Leased
30%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
4,556 SF
Building FAR
2.40
Lot Size
0.15 AC
Zoning
B-2 - Central Business
Parking
100 Spaces (6.38 Spaces per 1,000 SF Leased)

Amenities

  • 24 Hour Access
  • Outdoor Seating
Moderately walkable
60/100
Exceptionally drivable
100/100
Fairly bikeable
50/100

Property Taxes

Property Taxes

Parcel Number
27-079200.0000
Land Assessment
$10,290
Improvements Assessment
$24,590
Total Assessment
$34,880
  • Listing ID: 38500790

  • Date on Market: 11/19/2025

  • Last Updated:

  • Address: 202 S Main St, Celina, OH 45822

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