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Bar & Restaurant with Pavilion
New
For Sale
$175,000

107 W Lee Street, Alger, OH 45812

The sale includes the operating business, real estate, liquor license and restaurant equipment.

Property Size2,160 SF
Price / SF$81.02
Days on Market5

Property Features for 107 W Lee Street

General Information

Standard status Active
Size 2,160 SF

Restaurant

Patio Yes
Equipment Included Yes
Liquor License Yes

Additional Details

Business Included Yes
Currently Operating Yes

Amenities

Wood
true
1
No
Furniture, Fixtures
Public
0.11
40
69x50
false
On Street,Parking Lot
Crawl Space

Building Details

Year Built 1900
Buildings 1
Stories 1
Listing Agency: Century 21 Sunway Realty
Listed By: Rebecca Neville
Source: Koehlerrealty
Added: Oct 26 Changed: Oct 28 Last Checked: Oct 28 at 4:25PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Century 21 Sunway Realty

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

Oak Barrel Pub at 107 W Lee Street in Alger is a 2,160-square-foot bar and restaurant. The interior includes dining space and bar seating for 12, supported by a commercial kitchen equipped with grills, pizza ovens, a charbroiler, prep stations and refrigeration. A covered 38' x 42' pavilion provides additional space for outdoor dining and events.

The property is along State Route 235, about 20 minutes north of Indian Lake. Paved parking is located across the street. The sale includes the business, real estate, liquor license, furniture, fixtures and equipment.

Key Highlights

  • 2,160‑square‑foot bar and restaurant building
  • Business, real estate, liquor license, furniture, fixtures and equipment included
  • Commercial kitchen with grills, pizza ovens, charbroiler, prep stations and refrigeration

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Bars & Pubs

Suggested Use

Top Pick Big Box & Wholesale Store Storage Facility Auto Repair Shop Computer & Electronic Repair Restaurant Bar & Pub

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Turnkey business
Opportunity
Yes
Liquor license

Location Intelligence

Demographics for 45812, OH

1,835
Population
817
Households
2.2
Avg Household Size
42
Median Age
11%
College-Educated
85%
High-School Grad
38.8 sq mi
ZIP Area
47
Density / Sq Mi
$41,230
Median Household Income
$34,006
Median Earnings
$646
Median Rent
$118,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025

Frequently Asked Questions

What type of property is this?
Bar & Pub - The sale includes the operating business, real estate, liquor license and restaurant equipment.
Where is this bar & pub located?
The property is located at 107 W Lee Street Alger, OH.
What is the asking price?
The asking price for this property is $175,000.
What are key features of this property?
This property features: 2,160‑square‑foot bar and restaurant building; Business, real estate, liquor license, furniture, fixtures and equipment included; Commercial kitchen with grills, pizza ovens, charbroiler, prep stations and refrigeration
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