Banquet Center with Commercial
For Sale
Contact for pricing
Pending
5945 South Ave, Youngstown, OH 44512
15,570-sf banquet center features a large commercial kitchen, movable partition walls, and seating capacity for 800+.
Property Size15,570 SF
Days on Market116
Property Features for 5945 South Ave
General Information
Standard status
Pending
Size
15,570 SF
Property subtype
Retail
Additional Details
Highway Access
Yes
Heavy Power
Yes
Listing Agency:
Kiko
(330) 495-0923
Listed By:
Russell Kiko · License #OH
Source:
Crexi
Added: Apr 11
Changed: Jul 20
Last Checked: Aug 4 at 10:16AM
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 Kiko
Investment Insights
Based on property information with market context.
The Georgetown Banquet Center is a 15,570-square-foot banquet facility in operation for 45 years, offered as a complete liquidation. The layout includes a large lobby area with restrooms, movable partition wall(s) to configure separate large banquet rooms, and two bar areas, each with restrooms. The property also includes an office area and a conference room with a separate front entrance. Additional features include a large commercial kitchen space, a loading dock at the rear entrance, and a 7’ x 11’ walk-in cooler.
The building is equipped with gas heat and central air, along with 3-phase electric service. The asset offers adaptable event and service space and includes three sets of restrooms. Kitchen and catering equipment, tables, chairs, and other related items are noted as sold separately.
Auction terms are listed as 10% down on auction day with the balance due at closing, plus a 10% buyer’s premium added to the highest bid to establish the purchase price. Any desired inspections must be completed prior to bidding, and the real estate is scheduled to sell first.
The building is equipped with gas heat and central air, along with 3-phase electric service. The asset offers adaptable event and service space and includes three sets of restrooms. Kitchen and catering equipment, tables, chairs, and other related items are noted as sold separately.
Auction terms are listed as 10% down on auction day with the balance due at closing, plus a 10% buyer’s premium added to the highest bid to establish the purchase price. Any desired inspections must be completed prior to bidding, and the real estate is scheduled to sell first.
Key Highlights
- 15,570‑sq.-ft. banquet center in operation for 45 years at Matthew Square Plaza
- Large commercial kitchen with 7' x 11' walk‑in cooler and gas heat plus central air
- Movable partition walls create two separate banquet rooms or more
Property Analytics
Current Use
Lease Details
Yes
Heavy power
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
288
Businesses Nearby
Explore this area
Business Placement
Demographics for 44512, OH
33,282
Population
15,770
Households
2.1
Avg Household Size
44
Median Age
35%
College-Educated
94%
High-School Grad
17.0 sq mi
ZIP Area
1,958
Density / Sq Mi
$62,311
Median Household Income
$38,828
Median Earnings
$788
Median Rent
$158,800
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Wedding venue - 15,570-sf banquet center features a large commercial kitchen, movable partition walls, and seating capacity for 800+.
Where is this wedding venue located?
The property is located at 5945 South Ave Youngstown, OH.
What are key features of this property?
This property features: 15,570‑sq.-ft. banquet center in operation for 45 years at Matthew Square Plaza; Large commercial kitchen with 7' x 11' walk‑in cooler and gas heat plus central air; Movable partition walls create two separate banquet rooms or more
