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    Downtown Lisbon Commercial Property Title is generated by Realmo AI

    127 North Beaver Street, Lisbon, OH 44432

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    Commercial property in Lisbon's historic downtown district, formerly a taproom.

    Type:Retail
    Property size:
    2,026 SF
    Price / SF:
    $229/SF
    Added:
    Mar 9, 2026
    Days on Market:
    74
    Last Refresh:
    Mar 16 at 3:15 pm

    Property Features for 127 North Beaver Street

    General Information

    Standard status
    Active
    Size
    2,026 SF
    Property subtype
    Retail

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    Listing Contact
    Shawn Burton

    Listing agent Shawn Burton License #2020006722

    Listing office Keller Williams Chervenic Real

    Listing date Mar 9, 2026

    Source Crexi

    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 Keller Williams Chervenic Real

    HighLights

    • Established commercial property in Lisbon's historic downtown with high visibility.
    • Layout well‑suited for hospitality/entertainment with existing bar area and seating.
    • New kitchen with appliances less than 2 years old included.
    • Features a 16‑tap draft system, POS system, and beer cooler.
    • Offers 30 parking spaces for customers, rear employee parking, and 3 parcels.
    • Heated patio bar with decorative rolldown insulation, patio with fireplaces/drainage, and a stage.

    Overview

    Located in downtown Lisbon at 127 N Beaver Street, this commercial property presents an opportunity for ownership in a well-known location that formerly operated as a taproom. The property benefits from visibility and access just off Lincoln Way, the main east-west corridor through the community. Situated in Lisbon’s historic downtown district, the property experiences steady local traffic and benefits from nearby businesses and courthouse activity. Lincoln Way, part of U.S. Route 30, sees approximately 6,000 vehicles per day. The building, previously a bar and taproom, is suited for hospitality or entertainment use. The interior includes space for a bar area, seating, and gathering areas, making it suitable for reopening as a bar, restaurant, brewery, wine bar, café, or event venue. The flexible layout also allows for other commercial uses such as retail, office, or mixed-use space. Features include a POS system, 16 tap draft system, central HVAC, basement storage, a new kitchen with new appliances less than 2 years old, prep cooler, freezer, fryers, warmers, oven, large vent hood, 30 parking spaces, heated patio bar with decorative rolldown insulation, patio with working natural gas fireplaces and drainage, stage, office space with private bathroom, storage units, walk-in deep freezer, and beer cooler. All utilities are available to stack another office space sized unit in the event center. The property has 5 entryways and includes 3 parcels. Major upgrades have been completed over the last 5 years.

    Financial Insights

    Value Estimation Calculated for Specialty Retail

    Conservative
    $293.3K
    NOI $26,394 @ 9.00% cap · cautious / downside scenario
    Moderate
    $377.1K
    NOI $26,394 @ 7.00% cap · market / base-case scenario
    Aggressive
    $527.9K
    NOI $26,394 @ 5.00% cap · optimistic / upside scenario

    NOI & Cap Rate Calculator

    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.
    Calculated for Specialty Retail

    Component $ $/SF
    Gross rent $36.5k $18.00
    − Vacancy −$1.3k −$0.63
    EGI $35.2k $17.37
    − OpEx −$8.8k −$4.34
    NOI $26.4k $13.03
    2,026 SF · lease $18.00/SF/yr · vacancy 3.50% · expense 25.00%

    Alternative Use Scenarios

    Best Use
    Specialty Retail
    $377.1K
    $329.9K – $439.9K (±1% cap)
    NOI $26,394 @ 7.0% cap · market cap 5.68%
    Second Best
    Retail
    $235.3K
    $205.9K – $274.6K (±1% cap)
    NOI $16,474 @ 7.0% cap · market cap 3.54%
    Theoretical Best
    Warehouse
    $1.71M
    $1.50M – $2.00M (±1% cap)
    NOI $119,796 @ 7.0% cap · market cap 25.76%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Bars & Pubs

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Auto Repair Shop

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

    Similar Places Nearby

    • Shenanigans Pub 220 S Jefferson St, Lisbon, OH 44432

    Location Insight

    • Map
    • Local Demand
    City
    Lisbon
    County
    Columbiana
    State
    Ohio
    Longitude
    -80.7697045
    Latitude
    40.7729259

    FAQs

    What type of property is this?
    Bar & Pub - Commercial property in Lisbon's historic downtown district, formerly a taproom.
    Where is this bar & pub located?
    The property is located at 127 North Beaver Street Lisbon, OH.
    What is the asking price?
    The asking price for this property is $465,000.
    What are key features of this property?
    This property features: Established commercial property in Lisbon's historic downtown with high visibility.; Layout well‑suited for hospitality/entertainment with existing bar area and seating.; **New kitchen with appliances less than 2 years old included.**
    More about this property
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