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Property profile & analytics
OFF-MARKET
Parking lots & garages

1008 Duncan SW St Massillon, OH 44647-7828

192 SF 0.34 ac lot
Individually Owned 18-yr Hold ~ Est. High Equity
Property ID
US66-4175468
Property summary
AI-generated overview

This thriving Massillon bar, "Drifterz," presents a unique owner-user investment opportunity. Boasting 3,800 square feet on a 0.85-acre lot, this established business is located at 1008 Duncan St SW, Massillon, OH 44647. The property features a D-5 Liquor License allowing service until 2:30 am, a full bar food menu, Ohio Lottery, pull tabs, two pool tables, and a jukebox. With a capacity of 110, the bar enjoys a large and loyal clientele, including established pool leagues. The building, constructed in 1922, benefits from a six-year-old roof, two HVAC systems (one installed in 2023), an Ansel hood, and stainless steel kitchen equipment. All furniture, fixtures, and equipment are included in the sale. Financial information is available upon request to qualified buyers. The property is zoned B-1 and includes APNs 604015, 608268, 615235, and 617235. The asking price is $295,000 ($77.63/sq ft). The current ownership has operated successfully for 18 years. Occupancy is available September 30, 2024. This is a turnkey operation with a long history and strong potential for continued success. Don't miss this chance to own a piece of Massillon's vibrant nightlife scene.

Property profile
Verified
Property type Parking lots & garages
Use group PARKING GARAGE, PARKING STRUCTURE
Construction WOOD FRAME
Total area 192 SF
Lot 0.34 ac (15,002 SF)
APN 06-17235
UPID US66-4175468
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Drifterz Bar LLC Nightclub Bar & Pub
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
James Miller · 18 yrs held
James Miller
since 2008
1 recorded transaction
2008
$25,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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