819 E Main St
Crestline, OH 44827
Retail Property For Sale

Solid, well kept, clean brick building currently housing a full service restaurant. Owner closed for the day, cleaned up the kitchen, prepared to open the next day....and never opened again, in August 2021. Blame covid. Owning the restaurant for only 18 months, they operated profitably until they could no longer fight the good fight. They served an All-American style menu (meat, potatoes, eggs, gravy - you get the picture) and had a significant loyal following. Dining room accomodates +/- 133 dining patrons at over 31 tables/booths/counter, with 40 parking spaces on a freshly repaved parking lot. This building can be reopened as a restaurant with a simple top to bottom light cleaning. As I mentioned, they closed up with every intention of opening the next day. Coolers/Freezers have been on the whole time. Ice machine is filled with ice, even today. The owner replaced all the older cooking equipment (deep fryers, grills, char grill, prep tables, etc) and so everything in the building is almost new and ready to go. The building could also be repurposed into almost any kind of building. With a wide open floor plan, it would be an easy renovation to create a medical building, dental facility, retail store, office building or any other type of use. If the new owner only wants the building and not the restaurant assets, the owner will auction off the contents of the building and deliver a clean and empty building at closing. This family restaurant is ideally located in North Central Ohio, on the historic Lincoln Highway. In operation since being built in 1997, the location is minutes from Mansfield, OH and Ontario, OH and also Lexington, OH - home to Mid-Ohio Sports Car Course! The restaurant draws from 140,000+ residents within a 15 min commuting radius. Limited financials are available for review upon completion of our NDA. We expect all will realize that a short 4 months after purchasing and re-opening the restaurant Covid 19 struck the country, and revenue dropped significantly. Prior to various mandates being lifted or altered to encourage people to begin eating out again, the owner shuttered the restaurant. location is a proven "sweet spot" for locals to come and eat centrally located a short drive north of Columbus, and down the street from Mansfield, Ontario and Lexington growth at the intersection and on the east side of town is under way 1-of-a-kind DG Market (Dollar General) store just erected from scratch literally across the street from restaurant Intersection where restaurant sits sees 5,200 cars daily pass by US Hwy 30 sees 12, 458 cars daily pass by the exit for Crestline restaurant was profitable even with limited hours of operation due to covid. With expanded hours of operation, the chance for real growth in this business is a reality