German Village Restaurant Business
564 South High Street Columbus, OH 43215
564 South High Street, Columbus, OH, 43215
$600,000
For Sale
$600,000
Fully equipped bar/restaurant with D5 & D6 license near German Village.
Property Size2,720 SF
Price / SF$220.59
Days on Market177
Property Features for 564 South High Street
General Information
- Standard status
- Active
- Size
- 2,720 SF
- Property subtype
- Retail
Building Details
- Year Built
- 1920
Listing agency
(614) 581-2434
Listed by
Dan Sheeran
(614) 581-2434
Source
Ohioequities
Added: Jan 27 Updated: Jul 6 at 10:10AM Checked: Jul 23 at 4:50AM
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 Dan Sheeran
Investment Insights
Based on property information with market context.
This 2,720-square-foot retail building, located near German Village, houses a fully equipped bar/restaurant with a D5 & D6 liquor license. Outdoor seating is available, and signage opportunities provide visibility. Originally built in 1920 and fully renovated in 2011, the restored brick building is located on the corner of High St. & Beck St in the heart of German Village. The location benefits from a traffic count of 21,401 vehicles per day as of 2023. The High Beck Tavern is housed in the building. This is a business-only sale.
Key Highlights
- Fully equipped bar/restaurant with D5 & D6 liquor license in place.
- High‑visibility location near German Village with 21,401 vehicles per day.
- Turnkey business opportunity in a 2,720 SF renovated space.
Local 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 | $52.2k | $19.20 |
| − Vacancy | −$3.7k | −$1.34 |
| EGI | $48.6k | $17.86 |
| − OpEx | −$12.1k | −$4.46 |
| NOI | $36.4k | $13.39 |
2,720 SF · lease $19.20/SF/yr · vacancy 7.00% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$520.4K
$455.3K – $607.1K
NOI $36,426 @ 7.0% cap · market cap 6.07%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$566.9K
$496.0K – $661.3K
NOI $39,680 @ 7.0% cap · market cap 6.61%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
High Beck Tavern
Bar & Pub
Similar For Sale Nearby
Similar Off Market Nearby
- Columbus Ohio Valley Club — 961 S High St, Columbus, OH 43206
- WWCDradio.com — 1036 S Front St, Columbus, OH 43206
- Harvest Bar + Kitchen - Brewery District — 940 S Front St, Columbus, OH 43206
- Big Room Bar — 1036 S Front St, Columbus, OH 43206
- Gresso's — 961 S High St, Columbus, OH 43206
FAQs
What type of property is this?
Bar & Pub - Fully equipped bar/restaurant with D5 & D6 license near German Village.
Where is this bar & pub located?
The property is located at 564 South High Street Columbus, OH.
What is the asking price?
The asking price for this property is $600,000.
What are key features of this property?
This property features: Fully equipped bar/restaurant with D5 & D6 liquor license in place.; High‑visibility location near German Village with 21,401 vehicles per day.; Turnkey business opportunity in a 2,720 SF renovated space.
