Mixed-Use Bar and
For Sale
$400,000
1314 Pennsylvania Avenue, East Liverpool, OH 43920
The ground-floor tavern includes kitchen equipment, furnishings, and sports memorabilia that remain with the property.
Property Size2,500 SF
Price / SF$160
Days on Market54
Property Features for 1314 Pennsylvania Avenue
General Information
Standard status
Active
Size
2,500 SF
Property subtype
Mixed Use
Restaurant
Patio
Yes
Equipment Included
Yes
Liquor License
Yes
Additional Details
Business Included
Yes
Currently Operating
Yes
Taxes and HOA fees
Annual Taxes
$511
Amenities
fenced-in backyard
storage shed
new awning
outdoor lighting
Building Details
Building Size
2,500 SF
Year Built
1994
Buildings
1
Stories
4
Listing Agency:
Keller Williams Chervenic Rlty
Listed By:
Holly Ritchie · License #2001021919
(330) 360-5323
Source:
Lifestagesrealty
Added: Sep 4
Changed: Oct 26
Last Checked: Oct 26 at 3:34PM
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 Keller Williams Chervenic Rlty
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Investment Insights
Based on property information with market context.
A four-story, split-level building combines a ground-floor bar and grill with a three-bedroom residence above and a full basement. The commercial space has bar seating, café tables, booths, a pool table area, two restrooms, and a full kitchen with a grill, deep fryer, oven, refrigerator, and freezer. Equipment, tools, and sports memorabilia are included. The residence has separate interior and exterior access to the tavern, along with a full bathroom, kitchen and laundry area, dining room, and family room.
Outdoor features include a private patio, fenced backyard, and storage shed. Plumbing has been updated, and the property also has a new awning and outdoor lighting. A liquor license permitting sales until 1:00 a.m. and Sunday sales may be transferred, subject to applicable approvals.
Outdoor features include a private patio, fenced backyard, and storage shed. Plumbing has been updated, and the property also has a new awning and outdoor lighting. A liquor license permitting sales until 1:00 a.m. and Sunday sales may be transferred, subject to applicable approvals.
Key Highlights
- Four‑story mixed‑use building with a ground‑floor bar and grill, residence, and full basement
- Three‑bedroom residence with full bathroom and separate interior and exterior access to the tavern
- Bar and grill includes two restrooms, a pool table area, and a full kitchen with cooking equipment
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$32,569
Cap Rate
8.14%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$651,380
$651.4K
Cap Rate 7%
$465,271
$465.3K
Cap Rate 9%
$361,878
$361.9K
Market Conditions
NOI Build-Up for 2,500 SF
Gross rent
$45.0K $18.00/SF
− Vacancy
−$1.6K −$0.63/SF
EGI
$43.4K $17.37/SF
− OpEx
−$10.9K −$4.34/SF
NOI
$32.6K $13.03/SF
Area
Columbiana County, OH
Vacancy
3.50%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$651,380
Cap Rate 7%
$465,271
Cap Rate 9%
$361,878
Alternative Uses
Best Use
Specialty Retail
$465.3K
$407.1K – $542.8K
NOI $32,569 @ 7.0% cap · market cap 8.14%
Second Best
Mixed Use
$361.6K
$316.4K – $421.9K
NOI $25,313 @ 7.0% cap · market cap 6.33%
Theoretical Best
Warehouse
$2.11M
$1.85M – $2.46M
NOI $147,824 @ 7.0% cap · market cap 36.96%
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
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Current Use
Lease Details
Turnkey business
Opportunity
Yes
Liquor license
Location Intelligence
Trade Area within ½ mile
136
Businesses Nearby
11k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Dollar General
Shops & Services
6,087 visits/mo
0.1 miles
Marathon Petroleum
Shops & Services
4,360 visits/mo
0.5 miles
Tri State Ford
Shops & Services
858 visits/mo
0.3 miles
Demographics for 43920, OH
21,662
Population
10,266
Households
2.1
Avg Household Size
44
Median Age
13%
College-Educated
89%
High-School Grad
41.9 sq mi
ZIP Area
517
Density / Sq Mi
$50,820
Median Household Income
$34,242
Median Earnings
$726
Median Rent
$111,300
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
Frequently Asked Questions
What type of property is this?
Mixed-use property - The ground-floor tavern includes kitchen equipment, furnishings, and sports memorabilia that remain with the property.
Where is this mixed-use property located?
The property is located at 1314 Pennsylvania Avenue East Liverpool, OH.
What is the asking price?
The asking price for this property is $400,000.
What are key features of this property?
This property features: Four‑story mixed‑use building with a ground‑floor bar and grill, residence, and full basement; Three‑bedroom residence with full bathroom and separate interior and exterior access to the tavern; Bar and grill includes two restrooms, a pool table area, and a full kitchen with cooking equipment
