1040 S Wayne St Saint Marys, OH 45885
- Retail space
- 2,558 SF
- 0.99 lot acres
Current Use by Public Records
- Retail space
Property Details for 1040 S Wayne St
- Year built
- 1911
- Lot size
- 0.99 lot acres
- Property size
- 2,558 SF
- Property type
- Retail space
- APN
- K31-010-004-00
- APU
- K3101000400
Description
This exceptional opportunity presents the Wayne Street Bar and Grill, a well-established full-service restaurant and bar located at 1040 S Wayne St, Saint Marys, Ohio 45885. The property boasts a substantial 2,558 square feet of space, situated on a 1.05-acre lot. Built in 1911, the two-story building offers ample room for both customer seating and operational needs. The main floor currently houses a bar with seating for 14 patrons and a dining area accommodating 35 guests. All kitchen equipment and inventory are included in the sale price of $175,000 ($68.41 per square foot). The business holds valuable liquor licenses: D-1 Beer, D-2 Wine, and D-3 Liquor (1 AM). The first floor features newer heating and air conditioning units. A secondary, currently unused, upstairs space accessible via an external stairway presents significant potential for development, perhaps as an apartment or additional business space. This turnkey operation is ready for a new owner to step in and continue its success. The property's prime location in Saint Marys, Auglaize County, offers excellent visibility and accessibility. Don't miss this chance to own a thriving business with significant upside potential.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Saint Marys
- County
- Auglaize
- State
- Ohio
- Longitude
- -84.3894
- Latitude
- 40.5312
- CBSA code
- 47540
- CBSA name
- WAPAKONETA, OH MICROPOLITAN STATISTICAL AREA
