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    135 E Oregon Avenue Sebring, OH 44672

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    Claim this Listing
    For Sale
    $150,000

    SINGLE_FAMILY - Sebring, OH

    Type:Retail
    Property size:
    3,500 SF
    Lot size:
    0.17 Acres
    Added:
    Jan 17, 2026
    Days on Market:
    93
    Last Refresh:
    Apr 20 at 9:06 pm

    Property Features for 135 E Oregon Avenue

    General Information

    Property type
    Residential
    Property subtype
    Retail
    Rooms
    Basement
    Parking
    15
    Standard status
    Active
    APN
    21-003-0-152.00-0
    Size
    3,500 SF
    Lot size
    0.17 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Description
    LOT 136 SOUTH PART 50 X 80 OREGON
    Tax Annual Amount
    1081

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Forced Air, Baseboard
    Cooling system
    Window Unit(s), Wall Unit(s)

    Building Details

    Year built
    1984
    Floors in Building
    2
    Roof type
    Fiberglass, Asphalt, Flat, Rubber

    We can help!

    Listing Contact
    Justin B Carroll
    Justin B Carroll

    Listing agent Justin B Carroll License #2015004696

    Listing office Keller Williams Legacy Group Realty 4974 Higbee Ave., Ste. 201, Canton, OH

    Listing date Jan 17, 2026

    MLS# 5181481

    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.

    Overview

    Turnkey Bar and Restaurant Opportunity

    This is an established, fully operational bar and restaurant offered as a turnkey opportunity in Sebring. The sale includes the real estate, Ohio D5 & D6 liquor license, equipment, inventory, and all assets needed to continue operations immediately. The property features a two-story mixed-use building of nearly 3,500 sq ft on a two-parcel lot with on-site parking. The lot size is 0.1721 acres. Recent improvements include a new flat roof over the bar, ADA-accessible entrance ramps, a lighted marquee sign, and a security camera system. A large basement provides ample storage. The main bar and dining area offers updated flooring, a refreshed dance floor, renovated commercial restrooms, a utility room, a pool table, Keno and pull tabs, and six wall-mounted TVs. The flexible layout is well-suited for a bar, restaurant, sports bar, or hybrid concept. A full commercial kitchen is included with a commercial hood, refrigerator and freezer, walk-in cooler (compressor needed), pass-through bar cooler (compressor needed), two gas fryers, a flat-top griddle, prep table, reach-in coolers, and a chest freezer. All equipment conveys with the sale. The current inventory of liquor and beer (approx. $3,000) is included. The Ohio D5 + D6 liquor license allows full liquor sales, including Sundays and special events. The upper level includes a separate two-bedroom apartment, currently occupied by a bilingual manager, providing built-in management housing or additional rental income. Established since 2022, this location benefits from strong community support and limited nearby food and beverage competition. This is an ideal opportunity for an owner-operator, investor, or small restaurant group, with potential for rebranding or concept expansion.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    The Oregon Pub Bar & Pub

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

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

    Similar Places Nearby

    • The Brickhouse Bar & Grill — 206 E Ohio Ave, Sebring, OH 44672
    • Log Cabin — 155 N 15th St, Sebring, OH 44672
    • Rocky's Drive Thru — 4 S 15th St, Sebring, OH 44672
    • The Oregon Pub — 135 E Oregon Ave, Sebring, OH 44672
    • JP's Snacks & Sodas — 227 N 15th St, Sebring, OH 44672

    Location Insight

    • Map
    • Local Demand
    City
    Sebring
    County
    Mahoning
    State
    Ohio
    Longitude
    -81.018205
    Latitude
    40.922386

    FAQs

    What type of property is this?
    Bar & Pub - Established bar and restaurant with real estate and liquor license.
    Where is this bar & pub located?
    The property is located at 135 E Oregon Avenue Sebring, OH.
    What is the asking price?
    The asking price for this property is $150,000.
    What are key features of this property?
    This property features: Turnkey bar and restaurant opportunity: Includes real estate, Ohio D5 & D6 liquor license, equipment, inventory, and all assets for immediate operation.; Prime liquor license: Ohio D5 + D6 license allows full liquor sales, including Sundays and special events.; Two‑story mixed‑use building featuring nearly 3,500 sq ft with on‑site parking on a two‑parcel lot.
    (330) 705-3640
    We can help!
    Listing Contact
    Justin B Carroll
    Justin B Carroll
    Real Estate License ID: 2015004696
    Learn More
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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