Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    13607 Shell Beach Road Northeast Thornville, OH 43076

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $279,900

    Completely renovated bar with liquor license and outdoor area.

    Type:Business Opportunities
    Property size:
    2,735 SF
    Added:
    Sep 25, 2025
    Days on Market:
    194
    Last Refresh:
    Apr 1 at 8:15 pm

    Property Features for 13607 Shell Beach Road Northeast

    General Information

    Standard status
    Active
    Size
    2,735 SF
    Property subtype
    Business Opportunities

    Building Details

    Year Built
    1979

    We can help!

    Listing Contact
    Steven Beaver

    Listing agent Steven Beaver

    Listing office RE/MAX

    Listing date Sep 25, 2025

    Source Remaxcommercial

    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 RE/MAX

    Overview

    Turnkey Bar Opportunity Near Buckeye

    This completely renovated and rebranded bar presents a turnkey opportunity in the up-and-coming Fairfield Beach area of Buckeye Lake. The 2,735 square-foot property features a unique interior with a stage, custom lighting, and 16 beer taps. A large outdoor area includes another stage and bar. The sale includes a liquor license D-5 & D-6 (7 days a week beer/liquor), a walk-in cooler, all bar equipment, furniture, and fixtures. The liquor inventory is negotiable. The property also has a kitchen area that is expandable. Visible signage includes a pylon sign, with additional signs being installed at Fairfield Beach entrances. The property is located on Shell Beach Road and comes with a lease on the real estate. This is intended to be used as a bar.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Shenanigans at the beach Bar & Pub Cricket's Island Bar & Pub

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy Skin Care Clinic

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

    Similar Places Nearby

    • Beach House Pub — 13574 Shell Beach Rd NE, Thornville, OH 43076
    • Boat Yard at Buckeye Lake — 5171 N Bank Rd, Buckeye Lake, OH 43008
    • Shenanigans at the beach — 13607 Shell Beach Rd NE, Thornville, OH 43076
    • Cricket's Island — 13607 Shell Beach Rd NE, Thornville, OH 43076
    • Barrel Bar — 4675 Walnut Rd, Buckeye Lake, OH 43008

    Location Insight

    • Map
    • Local Demand
    City
    Thornville
    County
    Perry
    State
    Ohio
    Longitude
    -82.4842
    Latitude
    39.9195

    Nearby Similar for Sale

    • $1,734,533
      9,100 SF

      Dollar General NNN Investment Opportunity

      Freestanding Dollar General in Columbus MSA with NNN lease.
      9077 Blackbird Ln, Thornville, OH 43076
      View Details
    • $895,000

      Certified Organic Farmland Near Buckeye

      77.13 acres of certified organic farmland in Thornville, OH.
      11559 Somerset Road, Thornville, OH 43076
      View Details
    • $1,787,500
      5,784 SF

      Retail

      14675 Zion Road, Thornville, OH 43076
      View Details
    • $150,000
      1,420 SF

      Thornville Church Building For Sale

      Church building with classrooms, kitchenette, and sanctuary.
      10501 National Rd., Thornville, OH 43076
      View Details
    • Contact for pricing
      5,815 SF

      Thornville Retail Property For Sale

      Retail property with drive-through ATMs and 19 parking spaces.
      24 S Main St, Thornville, OH
      View Details

    FAQs

    What type of property is this?
    Bar & Pub - Completely renovated bar with liquor license and outdoor area.
    Where is this bar & pub located?
    The property is located at 13607 Shell Beach Road Northeast Thornville, OH.
    What is the asking price?
    The asking price for this property is $279,900.
    What are key features of this property?
    This property features: Completely renovated and rebranded turnkey bar with a great vibe.; Includes valuable D‑5 & D‑6 liquor licenses (7 days a week beer/liquor).; **HUGE outdoor area with stage and bar.**
    (614) 774-5692
    We can help!
    Listing Contact
    Steven Beaver
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!