Profitable Bar/Nightclub with Liquor
4040 Mccartney Rd Lowellville, OH
For Sale
Contact for pricing
Profitable bar/nightclub with adult entertainment, real estate, and license.
Property Size3,882 SF
Lot Size2.80 Acres
Price / SF$95.18
Days on Market559
Property Features for 4040 Mccartney Rd
General Information
Standard status
Active
Size
3,882 SF
Lot size
2.80 Acres
Property subtype
RETAIL
Listing Agency:
Platz Realty Group
(501) 269-3827
Listed By:
Don Thomas
(501) 269-3827
Source:
Moodyscre
Added: Jan 16, 2025
Changed: Jul 6
Last Checked: Jul 21 at 4:52AM
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 Platz Realty Group
Investment Insights
Based on property information with market context.
The Palace In The Pines is a profitable bar and nightclub with adult entertainment. The sale includes the real estate, business assets, and a liquor license. The property is situated on a 3-acre site with ample parking. It is located close to the Ohio/Pennsylvania border. The owner is retiring.
Key Highlights
- Profitable bar/nightclub with adult entertainment
- Sale includes real estate, business assets, & liquor license
- Lots of parking on 3 acre site
Financial Insights For 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 | $23.3k | $6.00 |
| − Vacancy | −$5.8k | −$1.50 |
| EGI | $17.5k | $4.50 |
| − OpEx | −$5.2k | −$1.35 |
| NOI | $12.2k | $3.15 |
3,882 SF · lease $6.00/SF/yr · vacancy 25.00% · expense 30.00%
Alternative Uses
Best Use
Specialty Retail
$586.6K
$513.3K – $684.4K
NOI $41,061 @ 7.0% cap · market cap 11.11%
Second Best
Retail
$174.7K
$152.9K – $203.8K
NOI $12,228 @ 7.0% cap · market cap 3.31%
Theoretical Best
Office A
$732.6K
$641.0K – $854.7K
NOI $51,280 @ 7.0% cap · market cap 13.88%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Similar Off Market Nearby
- Palace In the Pines — 4040 McCartney Rd, Lowellville, OH 44436
Frequently Asked Questions
What type of property is this?
Bar & Pub - Profitable bar/nightclub with adult entertainment, real estate, and license.
Where is this bar & pub located?
The property is located at 4040 Mccartney Rd Lowellville, OH.
What is the asking price?
The asking price for this property is $369,500.
What are key features of this property?
This property features: Profitable bar/nightclub with adult entertainment; Sale includes real estate, business assets, & liquor license; Lots of parking on 3 acre site
