Turnkey Tavern in Massillon,
3238 Lincoln Way E, Massillon, OH 44646
COMMERCIAL - Massillon, OH
Property size:
2,792 SFLot size:
0.35 AcresPrice / SF:
$170/SF- Added:
- Mar 9, 2026
- Days on Market:
- 69
- Last Refresh:
- May 16 at 6:06 pm
Property Features for 3238 Lincoln Way E
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Parking features
- Parking Lot
- Standard status
- Active
- APN
- 04302380
- Size
- 2,792 SF
- Lot size
- 0.35 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- 105 WH TUXEDO PARK
- Tax Annual Amount
- 3456
Utilities
- Sewer type
- Public Sewer
- Heating system
- Natural Gas, Forced Air
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1950
Listing agent Gabriel P Cozy License #2019001101 (330) 316-8229
Listing office Kiko 2722 Fulton Dr. NW, Dover, OH (330) 453-9187
Listing date Mar 9, 2026
MLS# 5192035
Copyright © 2026 MLS Now. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Turnkey tavern business opportunity including real estate, assets, and business.
- Established business ('Lew's Tavern') with a 50‑year history in the community.
- High‑traffic corner lot location with ample parking and road frontage on two streets.
- Includes valuable licenses: D1, D2, D3, D3A, D6 liquor, food service, charitable bingo, Keno, and Ohio Lottery.
- 2,792 SF commercial building featuring a large bar area, table seating, billiards, private office, storage, and covered outdoor patio.
- Recent updates include roof, furnace, doors, security system, and parking lot.
Overview
This is a profitable business opportunity featuring a turnkey tavern in a high-traffic location. The sale includes the real estate, assets, and the business itself. Known as "Lew's Tavern," this well-established business has been part of the community for nearly 50 years. The real estate comprises a 2,792 square foot commercial building with ample parking. The interior features a large bar area, table seating, billiards, a private office, and storage rooms, complemented by a covered outdoor patio space. The property has been regularly maintained and includes many updates. Situated on a corner lot with road frontage on Lincoln Way and Newport Ave, the property consists of three parcels totaling approximately 0.354 acres. It is located in Perry Township, Stark County. Current licenses include D1, D2, D3, D3A, and D6 liquor licenses, a food service operation license, charitable bingo, Keno, and the Ohio Lottery. Recent updates include the roof, furnace, front and rear doors, security system, and parking lot. This property is suitable for continued use as a tavern.
Financial Insights
Value Estimation Calculated for Specialty Retail
Conservative
$337.5K
NOI $30,373 @ 9.00% cap · cautious / downside scenario
Moderate
$433.9K
NOI $30,373 @ 7.00% cap · market / base-case scenario
Aggressive
$607.5K
NOI $30,373 @ 5.00% cap · optimistic / upside scenario
NOI & Cap Rate Calculator
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
Calculated for Specialty Retail
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $41.9k | $15.00 |
| − Vacancy | −$1.4k | −$0.50 |
| EGI | $40.5k | $14.50 |
| − OpEx | −$10.1k | −$3.63 |
| NOI | $30.4k | $10.88 |
2,792 SF · lease $15.00/SF/yr · vacancy 3.30% · expense 25.00%
Alternative Use Scenarios
Best Use
Specialty Retail
$433.9K
$379.7K – $506.2K
NOI $30,373 @ 7.0% cap · market cap 6.39%
Second Best
—
—
no second resolved use
Theoretical Best
Retail
$729.0K
$637.8K – $850.5K
NOI $51,027 @ 7.0% cap · market cap 10.74%
Zoning and permitted uses should be independently verified with local authorities.
Location Intelligence
Current Use by Public Records
Lew's Bar Massillon ...
Bar & Pub
Similar Places Nearby
- Agavero Bar & Grill — 2484 Lincoln Way E, Massillon, OH 44646
- Joey's Kendal Tavern — 705 Wales Rd NE, Massillon, OH 44646
- Tucker's Tavern — 225 11th St NE, Massillon, OH 44646
- East Oak Grill — 872 Oak Ave SE, Massillon, OH 44646
- Starbucks — 1980 Lincoln Way E, Massillon, OH 44646
Location Insight
- Map
- Local Demand
- City
- Massillon
- County
- Stark
- State
- Ohio
- Longitude
- -81.473597
- Latitude
- 40.795383
Nearby Similar for Sale
FAQs
What type of property is this?
Bar & Pub - Profitable tavern with real estate, assets, and business included.
Where is this bar & pub located?
The property is located at 3238 Lincoln Way E Massillon, OH.
What is the asking price?
The asking price for this property is $475,000.
What are key features of this property?
This property features: Turnkey tavern business opportunity including real estate, assets, and business.; Established business ('Lew's Tavern') with a 50‑year history in the community.; High‑traffic corner lot location with ample parking and road frontage on two streets.
