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    395 Stoneridge Ln Gahanna, OH 43230

    Sponsored
    For Sale
    $250,000

    Established bar, ready to operate.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This iconic Gahanna bar, formerly the Alumni Club, is available for purchase at $250,000. The property at 395 Stoneridge Lane, located in Franklin County, Ohio, zip code 43230, is a special purpose property with a fully equipped interior. Features include a pool table, dartboard, DJ booth, ample seating with booths and tables, a comprehensive lighting and sound system, and a small kitchen with expansion potential. An attractive outdoor patio adds to the property's appeal. The bar is a turnkey operation, ready for immediate occupancy, eliminating the need for extensive renovations or setup. All equipment is in place and functional, allowing for a seamless transition to new ownership. The property is situated in Gahanna, Ohio, offering a prime location for a thriving business. The absence of a listed lot size indicates the property may be primarily focused on the interior space and its operational capabilities. This presents a unique opportunity for an investor or entrepreneur seeking an established and well-equipped bar in a desirable location.

    Property Features for 395 Stoneridge Ln

    General Information

    Property type
    Specialty properties

    HighLights

    • $250,000 asking price for a special purpose property.
    • Iconic Gahanna bar and former Alumni Club.
    • Features include a pool table, dartboard, DJ booth, booths, tables, lighting, and sound system, plus a small, expandable kitchen and outdoor patio.
    • Turnkey operation ready for immediate occupancy.
    Property Profile Location Intelligence

    Current Use by Public Records

    BnR Bar Bar zxc Bar

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Gahanna
    County
    Franklin
    State
    Ohio
    Longitude
    -82.8647774
    Latitude
    40.0516905

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    FAQs

    What type of property is this?
    Specialty property - Established bar, ready to operate.
    Where is this specialty property located?
    The property is located at 395 Stoneridge Ln Gahanna, OH.
    What is the asking price?
    The asking price for this property is $250,000.
    What are key features of this property?
    This property features: $250,000 asking price for a special purpose property.; Iconic Gahanna bar and former Alumni Club.; Features include a pool table, dartboard, DJ booth, booths, tables, lighting, and sound system, plus a small, expandable kitchen and outdoor patio.
    Request Owner's contact information
    395 Stoneridge Ln Gahanna, OH 43230
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    Gahanna, OH 43230
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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
    395 Stoneridge Ln Gahanna, OH 43230
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