Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    220 S Jefferson St Lisbon, OH 44432

    Loading data...
    Loading data...
    Loading data...
    For Sale
    $285,000

    Established bar with outdoor patio in downtown Lisbon, Ohio.

    Lot size:
    0.58 Acres

    Property Features for 220 S Jefferson St

    General Information

    Standard status
    Active
    Lot size
    0.58 Acres

    We can help!

    Listing Contact
    Rebecca Brewer
    Source: Exprealty

    Listing Agency: century 21 lakeside realty Listing Agent: Rebecca Brewer

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    Turnkey Bar in Downtown Lisbon

    Located in downtown Lisbon, Ohio, the established bar at 220 S Jefferson St offers a unique opportunity for entrepreneurs. The property features a cozy yet spacious interior and a full-service bar. A well-maintained kitchen includes commercial-grade appliances. The bar provides ample room for hosting events and entertainment. A spacious 24' x 50' outdoor patio area is available. Ample parking, including ADA-compliant spaces, is provided. The bar has a comfortable ambiance with composite tile flooring, central air, and gas heat. Behind the bar, there is equipment including bottle coolers, merchandisers, and an ice machine. The bar is fully stocked and ready for immediate operation. Entertainment options include pool tables, a claw machine, a jukebox, and Ohio Lottery equipment. Large TVs are located throughout the space. This turnkey business is located near other shops and restaurants.
    Location Intelligence

    Current Use by Public Records

    Shenanigans Pub Bar & Grill

    Suggested Use

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

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

    Similar Places Nearby

    Shenanigans Pub

    Location Insight

    • Map
    • Local Demand
    City
    Lisbon
    County
    Columbiana
    State
    Ohio
    Longitude
    -80.7663318
    Latitude
    40.7705137

    Nearby Similar for Sale

    • $250,000
      2,580 SF

      Lisbon Ranch Home with Apartment

      Well-maintained ranch with attached apartment, ideal for income or family.
      962 N Market St, Lisbon, OH 44432
      View Details
    • $285,000
      0.58 Acres

      Established Bar in Downtown Lisbon

      Fully-equipped bar with outdoor patio in prime location.
      220 S Jefferson St, Lisbon, OH 44432
      View Details
    • New
      $450,000
      0.18 Acres

      Mixed-Use Investment Opportunity in Lisbon

      Fully occupied mixed-use property with eight income-producing units in Lisbon, Ohio.
      9 S Park Ave, Lisbon, OH 44432
      View Details
    • $273,000
      13.65 Acres

      Land with Agricultural/Residential Potential

      13.65 acres suitable for farming, residential development, or investment.
      Sr 518, Lisbon, OH 44432
      View Details
    • Contact for pricing
      10,500 SF

      Freestanding Retail Building in Lisbon

      Freestanding retail building in county seat of Lisbon, Ohio.
      7635 State Route 45, Lisbon, OH 44432
      View Details
    • Contact for pricing

      Lisbon, OH Retail Opportunity

      High-visibility storefront on 1.7 acres. Ideal for multiple uses.
      7635 Oh-45, Lisbon, OH 44432
      View Details

    FAQs

    What type of property is this?
    Bar - Established bar with outdoor patio in downtown Lisbon, Ohio.
    Where is this bar located?
    The property is located at 220 S Jefferson St Lisbon, OH.
    What is the asking price?
    The asking price for this property is $285,000.
    What are key features of this property?
    This property features: - Turnkey business opportunity: Fully equipped and stocked bar ready for immediate operation.; - Prime downtown Lisbon location: High foot traffic and proximity to other shops and restaurants.; - Spacious outdoor patio: Enjoy the 24' x 50' area for outdoor seating.
    (212) 348-5541
    Request Owner's contact information
    220 S Jefferson St Lisbon, OH 44432
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    220 S Jefferson St
    Lisbon, OH 44432
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    220 S Jefferson St Lisbon, OH 44432
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Rebecca Brewer
    (212) 348-5541
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.