0 Columbus St Canal Winchester, OH 43136
Exceptional investment opportunity: a thriving 1,508 sq ft restaurant building in Lithopolis, Ohio, currently leased to The Pump House Bar and Pizzeria. This single-tenant property boasts a strong 6.5% cap rate, generating $40,800 in annual net operating income. The lease, initiated in September 2023, extends to September 2028, with a five-year renewal option at an increased monthly rent of $3,740. The property sits on a 0.11-acre lot and is zoned C (Commercial). Annual real estate taxes, paid by the owner, amount to $1,454. The building, constructed in 2023, offers a secure and profitable investment in a growing area. The property's APN is 01-00216-300. This turnkey operation presents a compelling opportunity for passive income generation with a well-established tenant and a favorable lease agreement. The property is located at 17-21 E Columbus St, Lithopolis, OH 43136. This is a NNN lease.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.