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    47 Main St Geneva, OH 44041

    For Sale
    $220,000

    Charming bar, high potential, needs TLC.

    Property size:
    3,577 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    315
    This exceptional 3,577 square foot retail property located at 47 W Main Street in Geneva, Ohio presents a unique investment opportunity. Situated on a 0.14-acre lot, this established bar boasts a spacious interior and classic bar setup, ready for a revitalization. The property's prime location within the vibrant Geneva community offers significant potential for a new owner. The existing structure provides a solid foundation for a complete renovation, allowing for the creation of a truly customized space. The current layout includes a well-defined bar area, ample space for seating and customer flow, and potential for expansion or modification to suit a variety of concepts. This is an ideal opportunity for an entrepreneur with a vision to transform a well-loved local establishment into a thriving business. The asking price for this remarkable property is $220,000. This represents a significant value proposition considering the property's size, location, and the potential for substantial returns on investment after renovation. The property is being sold as-is, allowing for maximum flexibility in design and development. Don't miss this chance to own a piece of Geneva's thriving business landscape. Serious inquiries only.

    Property Features for 47 Main St

    General Information

    Property type
    Retail properties
    Square Feet
    3,577 SF
    Lot Size
    6,098 SF

    Building Details

    Year Built
    1890
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail properties

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Geneva
    County
    Ashtabula
    State
    Ohio
    Longitude
    -80.94868
    Latitude
    41.80513

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    FAQs

    What type of property is this?
    Retail property - Charming bar, high potential, needs TLC.
    Where is this retail property located?
    The property is located at 47 Main St Geneva, OH.
    What is the asking price?
    The asking price for this property is $220,000.
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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
    47 Main St Geneva, OH 44041
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