Restaurant with Apartments and
For Sale
Contact for pricing
Pending
229 N Belmont Ave, Springfield, OH 45503
Turnkey restaurant with two apartments, liquor license, and equipment.
Property SizeContact for details
Days on Market187
Property Features for 229 N Belmont Ave
General Information
Standard status
Pending
Property subtype
Business for Sale, Mixed Use, Retail
Building Details
Stories
2
Units
2
Listing Agency:
Coldwell Banker Commercial Heritage
(937) 631-5562
Listed By:
Arthur Solomon · License #2014003166
Source:
Crexi
Added: Feb 5
Changed: Aug 8
Last Checked: Jul 25 at 2:19AM
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
Investment Insights
Based on property information with market context.
Located at 229 N. Belmont Ave in a highly visible area, this property offers a blend of commercial and residential opportunities. The space was formerly home to KrazyTaco937, an award-winning taco restaurant. The property includes a full commercial kitchen and a full bar, suitable for various dining experiences. There is ample seating, two restrooms, and two outdoor patio areas, including a covered patio in the back and an open patio in the front. The property also features two residential apartments upstairs, currently occupied with short-term leases, providing income potential. The sale includes a liquor license, all equipment and inventory, recipes, a Facebook page with over 12,000 followers, an Instagram account with more than 1,200 followers, a mobile app, and a website. Recent upgrades include interior and exterior cosmetic improvements, water mitigation away from the basement housing mechanical systems, and new gutters and downspouts with extensions. A new sewer line is scheduled for installation in 2025.
Key Highlights
- Turnkey restaurant opportunity with existing liquor license, equipment, inventory, recipes, social media presence (12,000+ Facebook followers, 1,200+ Instagram followers), mobile app, and website.
- Includes two residential apartments upstairs, providing immediate rental income potential or owner‑occupancy option.
- Fully equipped commercial kitchen and full bar, ready for immediate operation.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
250
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 45503, OH
32,870
Population
15,458
Households
2.1
Avg Household Size
44
Median Age
17%
College-Educated
89%
High-School Grad
17.5 sq mi
ZIP Area
1,878
Density / Sq Mi
$54,561
Median Household Income
$36,761
Median Earnings
$871
Median Rent
$153,100
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Turnkey restaurant with two apartments, liquor license, and equipment.
Where is this conventional restaurant located?
The property is located at 229 N Belmont Ave Springfield, OH.
What is the asking price?
The asking price for this property is $309,900.
What are key features of this property?
This property features: Turnkey restaurant opportunity with existing liquor license, equipment, inventory, recipes, social media presence (12,000+ Facebook followers, 1,200+ Instagram followers), mobile app, and website.; Includes two residential apartments upstairs, providing immediate rental income potential or owner‑occupancy option.; Fully equipped commercial kitchen and full bar, ready for immediate operation.
