The Forks Restaurant

Expired Retail-Commercial for Sale
Also listed as Business Opportunity
Catylist Listing ID: 29725454
Property Subtypes: Restaurant
Condo? Yes
Building Size (RSF): 4,020 SF
Gross Land Area: 0.14 Acres
Sale Price: $150,000
Property Use Type: Business
Building Name: The Forks Restaurant
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Expired On: 8/23/2017
Last Updated: 8/23/2017

Overview / Comments

Popular Pemberville restaurant. Operators were there for 14 years; they have retired. Only first floor (including the basement) is for sale (condo). Upper floor is occupied by the Masonic Lodge. Price includes the first floor of the building, all furniture, fixtures and equipment/liquor licenses (D1, D2, D3). Closed for business. Normal hours were Monday thru Saturday – 4:30 pm to 8:30 pm. Past revenue averaged approximately $9,000 per month. Basement used for storage and has dumbwaiter to the first floor.

Attachments & Media

Financials

Finance Data Year 2016
Real Estate Taxes - Annual($) $1,652 (Annual)
Finance Data Year 2015
Real Estate Taxes - Annual($) $1,808 (Annual)

Additional Details

Nearest MSA: Toledo
County: Wood
Taxing Authority: Wood County
Tax ID/APN: P16-512-100220005000
Is Condo?: Yes
Zoning: COMMERCIAL
Property Located Between: Walnut Street and Water Street
Side of Street: South
Road Type: Paved
Property Visibility: Excellent
Largest Nearby Street: Water Street
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 2
Property Condition: Good
Year Built: 1894
Roof Type: Other
Construction/Siding: Other
Exterior Description: Brick
Parking Type: Surface
Parking Description: Street and rear (Village owned lot)
Heat Type: Electricity
Zoning Description: Commercial

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,082 4,101 10,743
Median Age: 40.69 41.63 41.44
Households: 416 1,593 4,114

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