Two-Story Restaurant with Liquor
For Sale
$600,000
24 Phelps Street, Youngstown, OH 44503
Two-story restaurant building with a fully equipped kitchen, basement cooler, and second-floor office space.
Property SizeContact for details
Days on Market285
Property Features for 24 Phelps Street
General Information
Standard status
Active
Property subtype
Mixed Use
Additional Details
Business Included
Yes
Liquor License
Yes
Taxes and HOA fees
Annual Taxes
$2,303
Amenities
3
Building Details
Year Built
1910
Stories
2
Listing Agency:
Brokers Realty Group
(330) 503-0615
Listed By:
Daniel Alvarez · License #2004020741
(330) 503-0615
Source:
Xome
Added: Oct 29, 2025
Changed: Aug 8
Last Checked: Aug 9 at 5:08AM
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 Brokers Realty Group
Investment Insights
Based on property information with market context.
This two-story restaurant building is offered as a turn-key operation, with the bar and kitchen being professionally equipped for service. The first floor features two separate dining areas, colorfully appointed restrooms, and streetside views, along with a full-length bar and a draft and craft drink display area. The setup includes fountain soft drinks and a touch tunes jukebox. The professionally equipped kitchen is highlighted by a large flattop, dual fry stations, and an industrial range, supported by multiple cold prep stations and twin refrigerator units. A dishwashing apparatus and basement amenities include an oversized walk-in cooler plus an ice machine and CO2 systems for beverage service.
The second floor provides office space with a full bath, lounge area, and additional storage or potential apartment space.
The bar comes with a D-5 liquor license.
The second floor provides office space with a full bath, lounge area, and additional storage or potential apartment space.
The bar comes with a D-5 liquor license.
Key Highlights
- Two‑story downtown restaurant building with a fully equipped kitchen and second‑floor office space
- Basement includes an oversized walk‑in cooler, plus an ice machine and CO2 systems for drinks
- First floor features a full‑length bar and two separate dining areas
Property Analytics
Current Use
Lease Details
Turnkey business
Opportunity
Yes
Liquor license
Location Intelligence
Trade Area within ½ mile
1,318
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 44503, OH
1,922
Population
619
Households
3.1
Avg Household Size
39
Median Age
5%
College-Educated
81%
High-School Grad
0.4 sq mi
ZIP Area
4,805
Density / Sq Mi
$12,764
Median Household Income
$14,375
Median Earnings
$405
Median Rent
Market
Vacancy Rate% for Office in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Two-story restaurant building with a fully equipped kitchen, basement cooler, and second-floor office space.
Where is this conventional restaurant located?
The property is located at 24 Phelps Street Youngstown, OH.
What is the asking price?
The asking price for this property is $600,000.
What are key features of this property?
This property features: Two‑story downtown restaurant building with a fully equipped kitchen and second‑floor office space; Basement includes an oversized walk‑in cooler, plus an ice machine and CO2 systems for drinks; First floor features a full‑length bar and two separate dining areas
