Description
Gateway to Tappan Lake - High-Visibility Route 250 Opportunity Seller is offering $5,000 towards closing! Only Minutes from Tappan Lake just outside of Cadiz in Harrison County, Ohio, approximately 1.5 miles west-northwest of town. This property features a former restaurant building that has been vacant since 2020 and offers potential for redevelopment or repurposing. The property also includes a separate residential rental home currently producing $600 per month in income. The residence provides an existing income stream while future plans for the property are considered. Buyers are encouraged to perform their own inspections and due diligence regarding condition and potential uses. Located on U.S. Route 250, a key corridor through Harrison County connecting Cadiz with surrounding communities. According to publicly available ODOT traffic data, average daily traffic in this area is estimated at approximately 1,100-1,300 vehicles per day, including a notable percentage of truck traffic. The visibility and highway access make the site suitable for a variety of potential commercial or investment uses, subject to zoning and buyer verification. Possibilities may include retail sales, service business, vehicle sales, lake-oriented or other highway-oriented uses. The location also provides convenient access to Tappan Lake and surrounding recreational areas. Tennant pays $600 a month in rent and is on a month-to-month basis as per owner. Seller is motivated and will consider reasonable offers. Property is being sold as-is.
Details
| MLS # | 5193667 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1960 |
| Days On Site | 160 |
| Listing Provided By | Sulek & Experts Real Estate | Grant E. Williams |
Features
| Bed(s) | 2 |
|---|---|
| Bath(s) | 1 Total |
| Basement | Y |
| Story(s) | 1 |
| Acreage | 0.83 |
Parking
| Garage Yes / No | No |
|---|---|
| Parking Features | Additional Parking |
Taxes
| Tax Annual Amount | 1653.71 |
|---|
Area Information
| State | OH |
|---|---|
| County | Harrison |
| City | Cadiz |
| Zip Code | 43907 |
| Listing VS Median (in 43907) | |
Price: $89,500 low | high Med: $224,500 On site: 160 low | high Med: 56.5 | |
Market Activity 43907
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Learn More About This Property
| State | OH |
|---|---|
| County | Harrison |
| City | Cadiz |
| Zip Code | 43907 |
| Listing VS Median (in 43907) | |
Price: $89,500 low | high Med: $224,500 On site: 160 low | high Med: 56.5 | |