Multi-Level Bar and
For Sale
$1,399,900
127 S Broadway Street, New Philadelphia, OH 44663
Three connected buildings combine bar, dining, entertainment, kitchen, and banquet space in an established New Philadelphia business.
Property Size14,947 SF
Price / SF$93.66
Days on Market259
Property Features for 127 S Broadway Street
General Information
Standard status
Active
Size
14,947 SF
Property subtype
Retail
Site & Location
Highway Access
Yes
Road Access
Yes
Additional Details
Business Included
Yes
Seating Capacity
204
Currently Operating
Yes
Taxes and HOA fees
Annual Taxes
$5,063
Amenities
pool tables
jukebox
26 hi-def TVs
Ohio lottery
separate banquet room
Building Details
Building Size
14,947 SF
Year Built
1870
Buildings
3
Listing Agency:
Life Stages Realty LLC
Listed By:
Nicolette Kuebeler · License #2022002552
(330) 322-3637
Source:
Lifestagesrealty
Added: Feb 10
Changed: Oct 26
Last Checked: Oct 26 at 3:05PM
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 Life Stages Realty LLC
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Broadway Brewhouse comprises three buildings at 123, 127, and 129 S Broadway Street, with 14,947 square feet across three levels. The main floor contains 6,427 square feet of bar, restaurant, kitchen, and entertainment space, with seating capacity for 204. A separate banquet room has its own exterior entrance from the square. The bar seats 18 and has 21 beer taps; the business also includes four pool tables, a jukebox, 26 high-definition TVs, and Ohio lottery. More than 8,500 square feet is on the second and third floors. Updates include a new walk-in freezer, kitchen tile flooring, a partial roof replacement, a new grill, and new bar flooring. Three furnaces and air conditioning units serve the property.
The property is on South Broadway in New Philadelphia, minutes from State Route 250 and I-77. The business has operated at this location for 27 years, and 25 employees are willing to remain, according to the listing information.
The property is on South Broadway in New Philadelphia, minutes from State Route 250 and I-77. The business has operated at this location for 27 years, and 25 employees are willing to remain, according to the listing information.
Key Highlights
- 14,947 square feet across three levels and three buildings at 123, 127, and 129 S Broadway Street
- 6,427‑square‑foot main floor with seating capacity for 204
- Separate banquet room with exterior entrance from the square
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$118,811
Cap Rate
8.49%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,376,220
$2.4M
Cap Rate 7%
$1,697,300
$1.7M
Cap Rate 9%
$1,320,122
$1.3M
Market Conditions
NOI Build-Up for 14,947 SF
Gross rent
$165.0K $11.04/SF
− Vacancy
−$6.6K −$0.44/SF
EGI
$158.4K $10.60/SF
− OpEx
−$39.6K −$2.65/SF
NOI
$118.8K $7.95/SF
Area
Tuscarawas County, OH
Vacancy
4.00%
Lease Rate
$11.04 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,376,220
Cap Rate 7%
$1,697,300
Cap Rate 9%
$1,320,122
Alternative Uses
Best Use
Specialty Retail
$1.70M
$1.49M – $1.98M
NOI $118,811 @ 7.0% cap · market cap 8.49%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.79M
$2.44M – $3.25M
NOI $194,976 @ 7.0% cap · market cap 13.93%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Turnkey business
Opportunity
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
830
Businesses Nearby
90k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 58%
Apparel 41%
Home Improvements & Furnishings 1%
Kohl's
Apparel
36,541 visits/mo
0.5 miles
Speedway
Shops & Services
20,780 visits/mo
0.3 miles
Speedway
Shops & Services
13,826 visits/mo
0.3 miles
Huntington Bank
Shops & Services
8,347 visits/mo
0.2 miles
Chase Bank
Shops & Services
5,013 visits/mo
0.1 miles
Demographics for 44663, OH
25,601
Population
11,702
Households
2.2
Avg Household Size
43
Median Age
21%
College-Educated
91%
High-School Grad
96.2 sq mi
ZIP Area
266
Density / Sq Mi
$62,383
Median Household Income
$36,495
Median Earnings
$859
Median Rent
$177,100
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Midwest region
Similar Off Market Nearby
- South Philly Drive Thru — 729 S Broadway St, New Philadelphia, OH 44663
- J-N-G Grill — 114 Front Ave SW, New Philadelphia, OH 44663
- The Venue — 126 Front Ave SW, New Philadelphia, OH 44663
- Broadway Brewhouse — 127 S Broadway St, New Philadelphia, OH 44663
- Jnb — 618 w high ave, new philadelphia, oh 44663
Frequently Asked Questions
What type of property is this?
Bar & Pub - Three connected buildings combine bar, dining, entertainment, kitchen, and banquet space in an established New Philadelphia business.
Where is this bar & pub located?
The property is located at 127 S Broadway Street New Philadelphia, OH.
What is the asking price?
The asking price for this property is $1,399,900.
What are key features of this property?
This property features: 14,947 square feet across three levels and three buildings at 123, 127, and 129 S Broadway Street; 6,427‑square‑foot main floor with seating capacity for 204; Separate banquet room with exterior entrance from the square
