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    1829 Jackson St Portsmouth, OH 45662

    Sponsored
    For Sale
    $139,000

    Profitable Bar & Restaurant with Apartment

    Property size:
    3,200 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional commercial property, located at 1829 Jackson St. in Portsmouth, Ohio, presents a unique investment opportunity. The 3,200 square foot building currently operates as the Stadium Lunch, a well-established neighborhood bar and restaurant. Recent renovations have modernized the interior, including the bar, kitchen, and seating areas. A key feature is the expansive outdoor patio, ideal for events and casual dining. Adding to the income potential is a large upstairs apartment generating monthly rental income. The property is situated in the Peerless subdivision, benefiting from its established location and local clientele. The asking price is $139,000. This turnkey business offers immediate revenue potential and significant upside for a savvy investor. The property is zoned for commercial use and is ready for immediate occupancy. The sale includes all existing fixtures and equipment. This is a rare opportunity to acquire a profitable, established business with significant growth potential in a desirable location. Don't miss out on this chance to own a piece of Portsmouth's vibrant commercial landscape.

    Property Features for 1829 Jackson St

    General Information

    Property type
    Land
    Square Feet
    3,200 SF

    HighLights

    • $139,000 asking price.
    • 3,200 square foot lot.
    • Special purpose commercial land.
    • Located at 1829 Jackson St, Portsmouth, OH 45662.
    • Includes a renovated bar, kitchen, and seating area.
    • Features a large outdoor patio.
    Property Profile Location Intelligence

    Current Use by Public Records

    Riverside Grill Restaurant Stadium Lunch Bar

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Grocery Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Portsmouth
    County
    Scioto
    State
    Ohio
    Longitude
    -82.9779052
    Latitude
    38.731958

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    FAQs

    What type of property is this?
    Land - Profitable Bar & Restaurant with Apartment
    Where is this land located?
    The property is located at 1829 Jackson St Portsmouth, OH.
    What is the asking price?
    The asking price for this property is $139,000.
    What are key features of this property?
    This property features: $139,000 asking price.; 3,200 square foot lot.; Special purpose commercial land.
    Request Owner's contact information
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    Realmo Value Estimation

    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.

    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.

    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
    1829 Jackson St Portsmouth, OH 45662
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