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    152 Washington Sq Bucyrus, OH 44820

    For Sale
    $220,000

    Established Bar, High Cash Flow, Loyal Clientele

    Property size:
    2,993 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional investment opportunity presents a thriving, established bar located at 152 Washington Square in Bucyrus, Ohio. The property, identified by APN numbers 080019215000 and 080019216000, encompasses a 2,993 square foot building situated on a 0.1-acre lot. Built in 1880, this two-story, Class C retail property offers a turnkey operation with a loyal customer base and fully staffed team, ensuring a smooth transition for the new owner. The bar's current success is further enhanced by popular Friday night karaoke, attracting a dedicated following of regulars. Financial records demonstrate a strong cash flow, making this a highly attractive investment. The property is a single-tenancy building, offering complete control and management. This well-established business presents a unique chance to acquire a profitable venture within a vibrant community, continuing a legacy of successful operation and community engagement. The asking price for this turnkey bar is $220,000. The property is conveniently located in Bucyrus, Ohio, zip code 44820. This is a rare opportunity to own a profitable and established business in a desirable location.

    Property Features for 152 Washington Sq

    General Information

    Property type
    Restaurants
    Square Feet
    2,993 SF
    Class
    C
    Lot Size
    4,356 SF

    Building Details

    Year Built
    1880
    Buildings
    1
    Stories
    2

    HighLights

    • $220,000 asking price for this established bar.
    • 2,993 square foot retail space in a single‑tenant building.
    • Class C property built in 1880, featuring two stories.
    • Located on a 0.1‑acre lot at 152 Washington Sq, Bucyrus, OH 44820.
    • Turnkey operation with existing staff and loyal customer base.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Horseshoe Bar Bar

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Bucyrus
    County
    Crawford
    State
    Ohio
    Longitude
    -82.9762498
    Latitude
    40.8090091

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    FAQs

    What type of property is this?
    Restaurant - Established Bar, High Cash Flow, Loyal Clientele
    Where is this restaurant located?
    The property is located at 152 Washington Sq Bucyrus, OH.
    What is the asking price?
    The asking price for this property is $220,000.
    What are key features of this property?
    This property features: $220,000 asking price for this established bar.; 2,993 square foot retail space in a single-tenant building.; Class C property built in 1880, featuring two stories.
    Request Owner's contact information
    152 Washington Sq Bucyrus, OH 44820
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    Bucyrus, OH 44820
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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
    152 Washington Sq Bucyrus, OH 44820
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