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    Profitable Bar with Real Estate Title is generated by Realmo AI

    4949 N Union Rd, Dayton, OH

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    Profitable bar business with real estate and liquor licenses.

    Type:RETAIL
    Property size:
    3,390 SF
    Lot size:
    0.90 Acres
    Price / SF:
    $126/SF
    Added:
    Dec 20, 2024
    Days on Market:
    539
    Last Refresh:
    May 20 at 9:30 pm

    Property Features for 4949 N Union Rd

    General Information

    Standard status
    Active
    Size
    3,390 SF
    Lot size
    0.90 Acres
    Property subtype
    RETAIL

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    Listing Contact
    Bethany Yost
    Bethany Yost

    Listing agent Bethany Yost

    Listing office Irongate Inc. REALTORS

    Listing date Dec 20, 2024

    Source Moodyscre

    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 Irongate Inc. REALTORS

    HighLights

    • Profitable, long‑standing bar business with real estate included.
    • Transferable D5 & D6 liquor licenses (includes Sunday sales).
    • Outdoor seating area with large, fenced backyard suitable for events.
    • Second floor apartment area, restorable for living space.
    • Business available for purchase with lease or partial seller financing.
    • Option to purchase the real estate along with the business.

    Overview

    A profitable, long-standing bar business and associated real estate are available for purchase. The business includes the transfer of both D5 & D6 liquor licenses, which include Sunday sales. The property features an outdoor seating area with a large, fenced backyard suitable for picnics and small concerts. The second floor contains an apartment area, currently used for storage, that could be restored to an apartment. The property size is 3390 square feet. The business, including FF&E and liquor license transfer, is available for purchase with a lease or partial seller financing for a qualified party. The intended use of the property is for a bar business.

    Local Financial Insights For Specialty Retail

    Simulate Cap Rate and NOI

    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.

    Component $ $/SF
    Gross rent $52.9k $15.60
    − Vacancy −$2.3k −$0.67
    EGI $50.6k $14.93
    − OpEx −$12.7k −$3.73
    NOI $38.0k $11.20
    3,390 SF · lease $15.60/SF/yr · vacancy 4.30% · expense 25.00%

    Alternative Uses

    Best Use
    Specialty Retail
    $542.2K
    $474.5K – $632.6K (±1% cap)
    NOI $37,957 @ 7.0% cap · market cap 8.85%
    Second Best
    Mixed Use
    $523.0K
    $457.7K – $610.2K (±1% cap)
    NOI $36,612 @ 7.0% cap · market cap 8.53%
    Theoretical Best
    Office A
    $722.5K
    $632.2K – $842.9K (±1% cap)
    NOI $50,573 @ 7.0% cap · market cap 11.79%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Grill's Tavern Bar & Pub

    Suggested Use

    Real Estate Agency Spa & Massage Center Dental Office Auto Repair Shop Hair Salon Nail Salon Pharmacy Storage Facility HVAC Service Bar & Pub

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

    Location Insight

    • Map
    • Local Demand
    City
    Dayton
    County
    Greene
    State
    Ohio
    Longitude
    -84.3121
    Latitude
    39.817

    FAQs

    What type of property is this?
    Bar & Pub - Profitable bar business with real estate and liquor licenses.
    Where is this bar & pub located?
    The property is located at 4949 N Union Rd Dayton, OH.
    What is the asking price?
    The asking price for this property is $429,000.
    What are key features of this property?
    This property features: Profitable, long‑standing bar business with real estate included.; Transferable D5 & D6 liquor licenses (includes Sunday sales).; Outdoor seating area with large, fenced backyard suitable for events.
    (937) 979-7419 Call to check price and availability
    More about this property
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