Thriving Restaurant and Bar
127 S Broadway Street, New Philadelphia, OH 44663
SINGLE_FAMILY - New Philadelphia, OH
Type:Retail
Property size:
14,947 SFLot size:
0.16 AcresPrice / SF:
$100/SF- Added:
- Feb 10, 2026
- Days on Market:
- 104
- Last Refresh:
- May 25 at 9:06 am
Property Features for 127 S Broadway Street
General Information
- Property type
- Residential
- Property subtype
- Retail
- Parking features
- On Street
- Standard status
- Active
- APN
- 4301737000
- Size
- 14,947 SF
- 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 agent Jan A McInturf License #314352 (330) 343-7603
Listing office McInturf Realty 1110 Tuscarawas Ave. NW, New Philadelphia, OH (330) 364-6648
Listing date Feb 10, 2026
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.
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.
- Seating capacity of 204, expansive bar area with 21 beer taps, and separate banquet room for additional income.
- Includes valuable extras such as 4 pool tables, jukebox, 26 hi def TVs, and Ohio lottery.
- Significant potential for expansion with over 8,500 square feet on the second and third floors.
Overview
This well-maintained bar, entertainment, kitchen, and restaurant space is available for sale. The property, a local landmark known as Broadway Brewhouse, features 6,427 square feet on the main floor with a seating capacity of 204 and a loyal customer base. The offering includes three buildings (123, 127, and 129) totaling 14,947 square feet across three levels, situated on a 0.16-acre lot. The property is located in a high-traffic area near the square of New Philadelphia, with easy access to South Broadway and proximity to State Route 250 and I-77. Included are four pool tables, a jukebox, 26 hi-def TVs, and Ohio lottery. The expansive bar area seats 18 and features 21 beer taps. A separate banquet room with an exterior entrance from the square provides additional income potential. Updates include a new walk-in freezer, updated tile kitchen floors, a partial roof replacement, a new grill, and new bar flooring. The second and third floors offer over 8,500 square feet of potential expansion space. The property has three furnaces and air conditioning units. The business currently employs 25 people. The property is a turnkey operation.
Financial Insights
Value Estimation Calculated for Specialty Retail
Conservative
$1.32M
NOI $118,811 @ 9.00% cap · cautious / downside scenario
Moderate
$1.70M
NOI $118,811 @ 7.00% cap · market / base-case scenario
Aggressive
$2.38M
NOI $118,811 @ 5.00% cap · optimistic / upside scenario
NOI & Cap Rate Calculator
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.
Calculated for Specialty Retail
| 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 Use Scenarios
Best Use
Specialty Retail
$1.70M
$1.49M – $1.98M
NOI $118,811 @ 7.0% cap · market cap 7.92%
Second Best
Retail
$1.58M
$1.39M – $1.85M
NOI $110,890 @ 7.0% cap · market cap 7.39%
Theoretical Best
Office A
$2.79M
$2.44M – $3.25M
NOI $194,976 @ 7.0% cap · market cap 13.00%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Broadway Brewhouse
Restaurant
Similar Places 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
Location Insight
- Map
- Local Demand
- City
- New Philadelphia
- County
- Tuscarawas
- State
- Ohio
- Longitude
- -81.44543
- Latitude
- 40.488916
Nearby Similar for Sale
FAQs
What type of property is this?
Bar & Pub - Well-maintained restaurant and bar with expansion potential in New Philadelphia.
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 $1,500,000.
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.
