47 Main St, Geneva, OH 44041
This charming, historic bar and restaurant located at 47 W Main St, Geneva, OH 44041 presents a unique investment opportunity. The property, built in 1890, boasts 3,577 square feet of space spread across a single story building. Currently operating as a bar and restaurant, this single-unit establishment offers a blank canvas for a creative entrepreneur. The asking price is $250,000, translating to $69.89 per square foot. Situated in the heart of Geneva, Ohio, within Ashtabula County, this property benefits from a prime location with high visibility and foot traffic. The existing structure features a classic bar setup and spacious interior, ready for renovation and modernization to suit a new owner's vision. This is an exceptional chance to acquire a well-established business in a vibrant community, ripe with potential for significant return on investment. The property's historic character combined with its location makes it an ideal opportunity for those seeking a unique and profitable venture. Don't miss this chance to own a piece of Geneva's history and shape its future. The property is ready for an owner to bring their vision to life and transform this neighborhood gem into a thriving establishment.
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
Similar Nearby for Lease
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.