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    Turn-key Bar & Grille Opportunity Title is generated by Realmo AI

    13 W Main St, Spring Valley, OH 45370

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    Established bar and grille with additional income from apartments.

    Type:Hospitality
    Property size:
    7,124 SF
    Price / SF:
    $181/SF
    Added:
    Mar 14, 2026
    Days on Market:
    116
    Last Refresh:
    Jul 4 at 4:47 am

    Property Features for 13 W Main St

    General Information

    Standard status
    Active
    Size
    7,124 SF
    Property subtype
    Hospitality

    Building Details

    Year Built
    1900

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    Patrick Williams

    Listing office Coldwell Banker Commercial Heritage

    Listing date Mar 14, 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 Coldwell Banker Commercial Heritage

    HighLights

    • Established turn‑key restaurant, bar, gaming, and mixed‑use real estate opportunity.
    • Proven hospitality asset with over $1.2M in 2025 sales.
    • Multiple income streams from restaurant/bar and two upper apartments.
    • Includes business, inventory, fixtures, equipment, and real estate.
    • Family‑owned with an established neighborhood presence.
    • Features outdoor seating area and rear storage/walk‑in building.

    Overview

    This is a turn-key, family-owned restaurant, bar, gaming, and mixed-use real estate opportunity, including the business, inventory, fixtures, and equipment. The property features an established neighborhood bar and grille with an outdoor seating area and a rear storage/walk-in building. Additional revenue is generated from two upper apartments. The property size is 7124 square feet. Sales reporting for 2025 shows over $1.2M in sales with strong collected revenue. This presents an opportunity for an owner-operator or investor seeking a hospitality asset with multiple income streams.

    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 $111.1k $15.60
    − Vacancy −$4.8k −$0.67
    EGI $106.4k $14.93
    − OpEx −$26.6k −$3.73
    NOI $79.8k $11.20
    7,124 SF · lease $15.60/SF/yr · vacancy 4.30% · expense 25.00%

    Alternative Uses

    Best Use
    Specialty Retail
    $1.14M
    $997.1K – $1.33M (±1% cap)
    NOI $79,767 @ 7.0% cap · market cap 6.18%
    Second Best
    Apartment 5plus
    $866.9K
    $758.5K – $1.01M (±1% cap)
    NOI $60,682 @ 7.0% cap · market cap 4.70%
    Theoretical Best
    Office B
    $1.34M
    $1.17M – $1.56M (±1% cap)
    NOI $93,765 @ 7.0% cap · market cap 7.27%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    OVM Gutter Services Hardware & Home Improvement Slim's Neighborhood Bar ... Bar & Pub

    Suggested Use

    Restaurant Law Firm Big Box & Wholesale Store Bar & Pub HVAC Service Storage Facility (Bike/Boat/Book/etc) Store Cosmetic Store Clothing & Fashion Store Auto Repair Shop

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

    Similar Places Nearby

    • Slim's Neighborhood Bar & Grille — 13 Main St, Spring Valley, OH 45370

    Location Insight

    • Map
    • Local Demand
    City
    Spring Valley
    County
    Greene
    State
    Ohio
    Longitude
    -84.0088723
    Latitude
    39.6084703

    FAQs

    What type of property is this?
    Bar & Pub - Established bar and grille with additional income from apartments.
    Where is this bar & pub located?
    The property is located at 13 W Main St Spring Valley, OH.
    What is the asking price?
    The asking price for this property is $1,290,000.
    What are key features of this property?
    This property features: Established turn‑key restaurant, bar, gaming, and mixed‑use real estate opportunity.; Proven hospitality asset with over $1.2M in 2025 sales.; Multiple income streams from restaurant/bar and two upper apartments.
    More about this property
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