Restaurant Building with Liquor
110 S Broadway Street New Philadelphia, OH 44663
For Sale
$799,900
SINGLE_FAMILY - New Philadelphia, OH
Property Size2,835 SF
Lot Size0.24 Acres
Price / SF$282.15
Days on Market195
Property Features for 110 S Broadway Street
General Information
- Property type
- Residential
- Property subtype
- Retail
- Standard status
- Active
- APN
- 4304697000
- Lot size
- 0.24 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- MID 151 N END 152 .244A
- Tax Annual Amount
- 4903
Utilities
- Sewer type
- Public Sewer
- Heating system
- Natural Gas
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1910
Listing Agency:
McInturf Realty
(330) 364-6648
Listed By:
Jan A McInturf · License #314352
(330) 343-7603
Added: Jan 13
Changed: Jul 17
Last Checked: Jul 27 at 9:06AM
MLS# 5182417
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.
Investment Insights
Based on property information with market context.
Well-established restaurant property featuring a fully equipped kitchen and dining area, an office, a banquet room with a stage, and a separate bar. The building includes a full second floor. Exterior improvements include a newly refreshed façade, and interior updates include oak hardwood floors installed in 2024. Kitchen updates include updated LED lighting, updated monitors, and a new walk-in cooler.
Located at 110 S Broadway Street in New Philadelphia, Ohio, in the square area. The property also has a private rear parking lot with 2 storage sheds.
In addition to the restaurant buildout, a D-1 liquor license is included with the sale, supporting on-premises beverage service with the property’s existing bar setup.
Located at 110 S Broadway Street in New Philadelphia, Ohio, in the square area. The property also has a private rear parking lot with 2 storage sheds.
In addition to the restaurant buildout, a D-1 liquor license is included with the sale, supporting on-premises beverage service with the property’s existing bar setup.
Key Highlights
- Highly profitable, well‑established restaurant with loyal customer base and stellar reputation.
- Prime, high‑traffic location in the square of New Philadelphia.
- Includes a D‑1 liquor license.
Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $31.3k | $11.04 |
| − Vacancy | −$1.3k | −$0.44 |
| EGI | $30.0k | $10.60 |
| − OpEx | −$7.5k | −$2.65 |
| NOI | $22.5k | $7.95 |
2,835 SF · lease $11.04/SF/yr · vacancy 4.00% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$321.9K
$281.7K – $375.6K
NOI $22,535 @ 7.0% cap · market cap 2.82%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$528.3K
$462.3K – $616.4K
NOI $36,981 @ 7.0% cap · market cap 4.62%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Gavins Grill
Bar & Pub
Similar Off Market Nearby
- Empire China Buffet — 400 Mill Ave SE, New Philadelphia, OH 44663
FAQs
What type of property is this?
Conventional restaurant - Restaurant offering a fully equipped kitchen, dining and bar areas, plus a banquet room and included D-1 liquor license.
Where is this conventional restaurant located?
The property is located at 110 S Broadway Street New Philadelphia, OH.
What is the asking price?
The asking price for this property is $799,900.
What are key features of this property?
This property features: Highly profitable, well‑established restaurant with loyal customer base and stellar reputation.; Prime, high‑traffic location in the square of New Philadelphia.; Includes a D‑1 liquor license.
