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    1950 River Rd Zanesville, OH 43701

    For Sale
    $900,000

    High-yield investment: bar, drive-thru, rentals.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    311
    This exceptional investment opportunity in Zanesville, Ohio, presents a newly remodeled bar and drive-thru eatery, generating substantial monthly income. The property sits on a 0.43-acre lot at 1950 S River Road. The main commercial building includes a fully operational bar and a convenient drive-thru, offering diverse revenue streams. Adding to the investment potential are two additional newly remodeled rental properties included in this package. These rental units contribute significantly to the overall income, currently producing a combined monthly rental income of $2300. The entire property is offered at $900,000, presenting a compelling return on investment. This package offers a unique blend of established commercial operations and supplemental rental income, making it an attractive prospect for savvy investors seeking a diversified portfolio. The property's location and the recent renovations ensure a strong foundation for continued success and growth. Detailed financial statements and operational data are available upon request. This is a turnkey operation ready for immediate income generation. Serious inquiries only.

    Property Features for 1950 River Rd

    General Information

    Property type
    Other commercial real estate
    Lot Size
    18,731 SF

    Building Details

    Year Built
    1930
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Jobo's Pizza Pizza Restaurant South 60 Drive ... Bar

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Zanesville
    County
    Muskingum
    State
    Ohio
    Longitude
    -82.00096
    Latitude
    39.90974

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    FAQs

    What type of property is this?
    Commercial real estate - High-yield investment: bar, drive-thru, rentals.
    Where is this commercial real estate located?
    The property is located at 1950 River Rd Zanesville, OH.
    What is the asking price?
    The asking price for this property is $900,000.
    (740) 297-8689
    Request Owner's contact information
    1950 River Rd Zanesville, OH 43701
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    Zanesville, OH 43701
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    Realmo Value Estimation

    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.

    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.

    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
    1950 River Rd Zanesville, OH 43701
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