Turn-key Bar & Grille
For Sale
$1,290,000
13 W Main St, Spring Valley, OH 45370
Established bar and grille with additional income from apartments.
Property Size7,124 SF
Price / SF$181.08
Days on Market194
Property Features for 13 W Main St
General Information
Standard status
Active
Size
7,124 SF
Property subtype
Other
Building Details
Building Size
7,124 SF
Listing Agency:
Coldwell Banker Heritage
Listed By:
Patrick Williams
(937) 504-6375
Source:
Commercialcafe
Added: Mar 27
Changed: Oct 5
Last Checked: Oct 5 at 3:37PM
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 Heritage
Investment Insights
Based on property information with market context.
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.
Key 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.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$79,767
Cap Rate
6.18%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,595,340
$1.6M
Cap Rate 7%
$1,139,529
$1.1M
Cap Rate 9%
$886,300
$886.3K
Market Conditions
NOI Build-Up for 7,124 SF
Gross rent
$111.1K $15.60/SF
− Vacancy
−$4.8K −$0.67/SF
EGI
$106.4K $14.93/SF
− OpEx
−$26.6K −$3.73/SF
NOI
$79.8K $11.20/SF
Area
Greene County, OH
Vacancy
4.30%
Lease Rate
$15.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,595,340
Cap Rate 7%
$1,139,529
Cap Rate 9%
$886,300
Alternative Uses
Best Use
Specialty Retail
$1.14M
$997.1K – $1.33M
NOI $79,767 @ 7.0% cap · market cap 6.18%
Second Best
—
—
no second resolved use
Theoretical Best
Office B
$1.34M
$1.17M – $1.56M
NOI $93,765 @ 7.0% cap · market cap 7.27%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
62
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 45370, OH
2,379
Population
1,009
Households
2.4
Avg Household Size
48
Median Age
41%
College-Educated
94%
High-School Grad
16.7 sq mi
ZIP Area
142
Density / Sq Mi
$105,625
Median Household Income
$48,914
Median Earnings
$937
Median Rent
$318,500
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in Midwest region
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Similar Off Market Nearby
- Slim's Neighborhood Bar & Grille — 13 Main St, Spring Valley, OH 45370
Frequently Asked Questions
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.
