Bar and Restaurant with
2521 Waynesburg Rd SE Canton, OH 44707
For Sale
Contact for pricing
Remodeled bar and restaurant includes a fully equipped kitchen, drive-up window, and enclosed patio seating over 30.
Property Size3,430 SF
Lot Size1.42 Acres
Price / SF$110.50
Days on Market705
Property Features for 2521 Waynesburg Rd SE
General Information
- Standard status
- Active
- Size
- 3,430 SF
- Lot size
- 1.42 Acres
- Property subtype
- RETAIL
Listing Agency:
Cutler Real Estate | Commercial
(330) 704-5945
Listed By:
Mike Boylan · License #443636
(330) 704-5945
Source:
Moodyscre
Added: Aug 21, 2024
Changed: Jul 25
Last Checked: Jul 25 at 2:58AM
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 Cutler Real Estate | Commercial
Investment Insights
Based on property information with market context.
Thirsty Cattle Saloon is a bar and restaurant offering both inside and outdoor guest space, with an enclosed smoking patio that seats 30+ people. The property features a drive-up window and includes a fully equipped kitchen that was added as part of a complete interior remodel. The sale includes the real estate, business, inventory, liquor licenses (D1, D2, D3), and equipment.
The restaurant sits on 1.42 acres along busy Rt. 43 (Waynesburg Dr). Parking is a key feature, with lots of parking and additional spaces added for 40 vehicles. The roof was replaced in 2016, and the property was recently connected to public sewer with an in-ground grease trap added for the kitchen at that time.
The offering also includes signage and operational assets associated with the venue’s programming, including poker runs and fundraisers hosted by Thirsty Cattle Saloon.
The restaurant sits on 1.42 acres along busy Rt. 43 (Waynesburg Dr). Parking is a key feature, with lots of parking and additional spaces added for 40 vehicles. The roof was replaced in 2016, and the property was recently connected to public sewer with an in-ground grease trap added for the kitchen at that time.
The offering also includes signage and operational assets associated with the venue’s programming, including poker runs and fundraisers hosted by Thirsty Cattle Saloon.
Key Highlights
- 1.42‑acre bar and restaurant on busy Rt. 43 (Waynesburg Dr) with a drive‑up window
- Fully remodeled interior with an added, fully equipped kitchen
- Enclosed outside smoking patio seating 30+ people
Financial Insights For Industrial
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 | $16.8k | $4.91 |
| − Vacancy | −$286 | −$0.08 |
| EGI | $16.6k | $4.83 |
| − OpEx | −$5.0k | −$1.45 |
| NOI | $11.6k | $3.38 |
3,430 SF · lease $4.91/SF/yr · vacancy 1.70% · expense 30.00%
Alternative Uses
Best Use
Specialty Retail
$533.1K
$466.4K – $621.9K
NOI $37,314 @ 7.0% cap · market cap 9.85%
Second Best
Industrial
$165.5K
$144.9K – $193.1K
NOI $11,588 @ 7.0% cap · market cap 3.06%
Theoretical Best
Retail
$895.5K
$783.6K – $1.04M
NOI $62,688 @ 7.0% cap · market cap 16.54%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Bars & Pubs
Similar Off Market Nearby
- Thirsty Cattle — 2521 Waynesburg Dr SE, Canton, OH 44707
- Thirsty Cattle Saloon — 2521 Waynesburg Dr SE, Canton, OH 44707
FAQs
What type of property is this?
Bar & Pub - Remodeled bar and restaurant includes a fully equipped kitchen, drive-up window, and enclosed patio seating over 30.
Where is this bar & pub located?
The property is located at 2521 Waynesburg Rd SE Canton, OH.
What is the asking price?
The asking price for this property is $379,000.
What are key features of this property?
This property features: 1.42‑acre bar and restaurant on busy Rt. 43 (Waynesburg Dr) with a drive‑up window; Fully remodeled interior with an added, fully equipped kitchen; Enclosed outside smoking patio seating 30+ people
