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Multi-Building Bar and Restaurant

127 S Broadway Street New Philadelphia, OH 44663

127 S Broadway Street, New Philadelphia, OH, 44663
$1,399,900
For Sale
$1,399,900

SINGLE_FAMILY - New Philadelphia, OH

Property Size14,947 SF
Lot Size0.16 Acres
Price / SF$93.66
Days on Market158

Property Features for 127 S Broadway Street

General Information

Property type
Residential
Property subtype
Retail
Parking features
On Street
Standard status
Active
APN
4301737000
Lot size
0.16 Acres

Taxes and HOA fees

Tax Year
2025
Tax Description
MID-S 153 SW COR 154 & ROW
Tax Annual Amount
5063

Utilities

Sewer type
Public Sewer
Heating system
Forced Air, Natural Gas
Cooling system
Central Air
Water source
Public

Building Details

Year built
1870
Roof type
Rubber
Listing Agency McInturf Realty
1110 Tuscarawas Ave. NW, New Philadelphia, OH
Listed by Jan A McInturf · License #314352
Added: Feb 10 Checked: Jul 18 at 7:06 am
MLS# 5186477

Copyright © 2026 MLS Now. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This multi-building bar and restaurant property includes three buildings at 123, 127, and 129 S Broadway Street, offering indoor bar, entertainment, kitchen, and restaurant space. The main floor features an expansive bar area with seating and 21 beer taps, along with seating capacity for 204. The property also includes a separate banquet room with an exterior entrance directly from the square.

The operation is located on South Broadway with easy access to the property, just minutes from State Route 250 and I-77. Public remarks describe the area as high-traffic and near the square of New Philadelphia.

Updates noted in the remarks include a new walk-in freezer, updated tile kitchen floors, partial roof replacement, a new grill, and new bar flooring. Additional listed amenities include pool tables, a jukebox, 26 high-definition TVs, and Ohio lottery. The property is served by three well-maintained furnaces and air conditioning units for year-round comfort.

Key Highlights

  • Thriving, turn‑key business opportunity with a loyal customer base, offered for the first time in 27 years.
  • High‑traffic location near the square of New Philadelphia.
  • Spacious property with 14,947 square feet across 3 buildings and 3 levels.

Local Financial Insights For Specialty Retail

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $165.0k $11.04
− Vacancy −$6.6k −$0.44
EGI $158.4k $10.60
− OpEx −$39.6k −$2.65
NOI $118.8k $7.95
14,947 SF · lease $11.04/SF/yr · vacancy 4.00% · expense 25.00%

Alternative Uses

Best Use
Specialty Retail
$1.70M
$1.49M – $1.98M (±1% cap)
NOI $118,811 @ 7.0% cap · market cap 8.49%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.79M
$2.44M – $3.25M (±1% cap)
NOI $194,976 @ 7.0% cap · market cap 13.93%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Broadway Brewhouse Restaurant

Suggested Use

Cafe & Coffee Shop Storage Facility Electrical Service Carpet & Flooring Store Skin Care Clinic Home Appliance Store Hotel & Motel (Bike/Boat/Book/etc) Store Garden Center Butcher

Zoning and permitted uses should be independently verified with local authorities.

Similar Off Market Nearby

  • South Philly Drive Thru — 729 S Broadway St, New Philadelphia, OH 44663
  • Wounded Eagle Dj Karaoke — 901 2nd St SW, New Philadelphia, OH 44663
  • Broadway Brewhouse — 127 S Broadway St, New Philadelphia, OH 44663
  • J-N-G Grill — 114 Front Ave SW, New Philadelphia, OH 44663
  • The Venue — 126 Front Ave SW, New Philadelphia, OH 44663

FAQs

What type of property is this?
Bar & Pub - Bar, entertainment, kitchen, and restaurant space across three buildings with 204-seat capacity and a banquet room.
Where is this bar & pub located?
The property is located at 127 S Broadway Street New Philadelphia, OH.
What is the asking price?
The asking price for this property is $1,399,900.
What are key features of this property?
This property features: Thriving, turn‑key business opportunity with a loyal customer base, offered for the first time in 27 years.; High‑traffic location near the square of New Philadelphia.; Spacious property with 14,947 square feet across 3 buildings and 3 levels.
Contact an agent
More about this property
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