Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search

    151 Hamilton Rd Gahanna, OH 43230

    Sponsored
    For Sale
    $2,100,000

    Established Bar & Grill, High Traffic Location

    Property size:
    5,884 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This iconic Gahanna restaurant, Gatsby's Bar and Grill, presents a unique investment opportunity. Located at 151 N Hamilton Road, this free-standing, 5,884 square foot establishment sits on a 1.62-acre lot with a traffic light entrance, ensuring high visibility and accessibility. Boasting 47 years of success, the property includes the real estate, business, furniture, fixtures, equipment, leasehold improvements, name, and intellectual property. The sale also encompasses a full Gahanna liquor license, lottery, keno, and pull tabs. Annual sales exceed $1,537,000. The property features attractive outdoor patios and two outdoor volleyball courts with established league play, along with opportunities for live entertainment. The expansive lot offers potential for future expansion, such as adding bocce ball or pickleball courts. This turnkey operation is ideal for owner-operators, chains, regional or themed operations, or redevelopment projects. Built in 1900 and renovated in 1981, the property offers a blend of character and modern functionality. The property is currently 100% occupied. Financial details are available upon request with a signed Non-Disclosure Agreement. Asking price is $2,100,000 ($356.90/sq ft).

    Property Features for 151 Hamilton Rd

    General Information

    Property type
    Restaurants
    Square Feet
    5,884 SF

    Building Details

    Year Built/Renovated
    1900/1981

    HighLights

    • $2,100,000 asking price for this 5,884 SF retail property.
    • Free‑standing restaurant building on a 1.62‑acre lot in Gahanna, Ohio.
    • 100% occupancy with established business and liquor license included.
    • Features include two outdoor volleyball courts and patios.
    • Annual sales exceeding $1,537,000.
    Property Profile Location Intelligence

    Current Use by Public Records

    Gatsby's Bar & Grill Pioneer Meat Co Butcher Shop

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Gahanna
    County
    Franklin
    State
    Ohio
    Longitude
    -82.8667305
    Latitude
    40.0209121

    Nearby Comparable

    • $1,300,000
      4.52 Acres

      Gahanna Commercial Land - $1.3M

      4.52 Acres, Prime Commercial Location
      0 Hamilton Rd, Gahanna, OH 43230
      View Details
    • Contact for pricing
      2.00 Acres

      Columbus Commercial Land - 2 Acres

      High-traffic location, ideal for development. Near major retailers.
      470 Havens Corners Rd, Columbus, OH 43230
      View Details
    • $2,000,000
      38,337 SF

      Downtown Redevelopment Opportunity

      Three buildings totaling 38,337 SF on 0.54 acres.
      171-191 S High St, Columbus, OH 43215
      View Details
    • $359,000
      1,947 SF

      Gahanna Condo with Wooded Views

      Move-in ready condo in Gahanna with updated features and amenities.
      304 Sycamore Woods Ln, Columbus, OH 43230
      View Details
    • $625,000

      Gahanna Land for Development

      2.5 acres of land ideal for development.
      Johnstown Rd, Gahanna, OH 43230
      View Details
    • $1,300,000
      4.52 Acres

      Gahanna Commercial Land - 4.52 Acres

      Prime Gahanna location, high-traffic commercial land.
      0 Hamilton Rd, Gahanna, OH 43230
      View Details
    • Contact for pricing
      9,000 SF

      Gahanna Professional Office Space

      Professional/medical office complex with 3,000 SF available near amenities.
      202-212 W Johnstown Rd, Gahanna, OH 43230
      View Details
    • $1,590,000

      Restaurant Opportunity on Acreage

      Commercial property with restaurant history on 1.39 acres.
      550 Officenter Pl, Columbus, OH 43230
      View Details
    • $500,000
      6,500 SF

      Gahanna Medical Office Condo Opportunity

      Prime Gahanna location, build-to-suit potential.
      945 Hamilton Rd, Gahanna, OH 43230
      View Details
    • Contact for pricing
      2.29 Acres

      Gahanna Commercial Land - Build to Suit

      High-visibility land, I-270 access, build-to-suit.
      0 Morrison Rd, Gahanna, OH 43230
      View Details
    • $2,490,000

      Land with Infrastructure and Utilities

      Land with utilities, easy highway access, and development potential.
      Tech Center Dr, Gahanna, OH 43230
      View Details
    • Contact for pricing
      200,064 SF

      Gahanna Office/Warehouse Unit Available

      Professionally managed office/warehouse with excellent transportation access.
      915 Taylor Rd, Gahanna, OH 43230
      View Details

    Nearby Similar for Sale

    • Contact for pricing
      9,000 SF

      Gahanna Professional Office Space

      Professional/medical office complex with 3,000 SF available near amenities.
      202-212 W Johnstown Rd, Gahanna, OH 43230
      View Details
    • $2,995,000
      3,600 SF

      Gahanna Industrial Building on Acreage

      3,600 SF industrial building on 4.17 acres for sale.
      788 Taylor Station Rd, Gahanna, OH 43230
      View Details
    • Contact for pricing
      200,064 SF

      Gahanna Office/Warehouse Unit Available

      Professionally managed office/warehouse with excellent transportation access.
      915 Taylor Rd, Gahanna, OH 43230
      View Details
    • $250,000

      Gahanna Bar & Lounge - Turnkey Operation

      Established Gahanna bar, fully equipped. High potential!
      395 Lane Ave, Gahanna, OH 43230
      View Details
    • $2,995,000
      3,600 SF

      Gahanna Warehouse: Prime Location

      3,600 SF Warehouse, 4.17 Acres
      788 Taylor Station Rd, Gahanna, OH 43230
      View Details
    • $250,000

      Gahanna Bar: Turnkey Opportunity

      Established bar, ready to operate.
      395 Stoneridge Ln, Gahanna, OH 43230
      View Details
    • $2,750,000
      17,413 SF

      Gahanna Executive Office Building

      Class A Office, 17,413 SF, $2.75M
      461 Beecher Rd, Gahanna, OH 43230
      View Details

    FAQs

    What type of property is this?
    Restaurant - Established Bar & Grill, High Traffic Location
    Where is this restaurant located?
    The property is located at 151 Hamilton Rd Gahanna, OH.
    What is the asking price?
    The asking price for this property is $2,100,000.
    What are key features of this property?
    This property features: $2,100,000 asking price for this 5,884 SF retail property.; Free-standing restaurant building on a 1.62-acre lot in Gahanna, Ohio.; 100% occupancy with established business and liquor license included.
    Request Owner's contact information
    151 Hamilton Rd Gahanna, OH 43230
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    151 Hamilton Rd
    Gahanna, OH 43230
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    151 Hamilton Rd Gahanna, OH 43230
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.