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    FOR SALE
    Bars & Pubs

    127 North Beaver St, Lisbon, OH 44432

    2,026 SF
    Entity Owned 2-yr Hold
    Property ID
    US66-1303990
    Property summary
    AI-generated overview

    Unparalleled Commercial Opportunity | For Sale or Lease | Heart of Historic Downtown Lisbon Experience a premier hospitality opportunity at 127 N Beaver Street. Formerly the popular Sip & Taproom, this cornerstone property is now offered at a significantly reduced price of $380,000. For operators looking for a lower entry point, the seller is also offering a lease option at $4,000 per month. Lease terms require only the first month’s rent and a security deposit ($4k + $4k) to start, with the lessee responsible for utilities. Positioned just off Lincoln Way (U.S. Route 30), this location benefits from high visibility with over 6,000+ vehicles passing daily, alongside steady foot traffic from the nearby courthouse and local businesses. The Space & Amenities This versatile facility is far more than a standard storefront. It features a sophisticated 16-tap draft system, a heated patio bar with decorative insulation, and a beautiful outdoor patio equipped with natural gas fireplaces and integrated drainage. For those looking to expand, the property includes a boiler room specifically prepped for brewery operations and an event center with dedicated storage units and deep freezer capacity. Note on Equipment & Furniture To provide maximum flexibility for the next owner or tenant, all premium Pollywood furniture and professional-grade kitchen appliances (including the oven, fryers, and prep coolers) are fully negotiable. This allows you to customize your startup costs while retaining the option to acquire or lease a completely turnkey hospitality setup. With three parcels, thirty dedicated parking spaces, and major upgrades completed within the last five years—including a modern kitchen and updated HVAC—this property is a "plug-and-play" solution for a brewery, restaurant, wine bar, or unique event venue.

    Property profile
    Verified
    Property type Bars & Pubs
    Total area 2,026 SF
    UPID US66-1303990
    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
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Songbird Investments LLC · 2 yrs held
    Songbird Investments LLC
    since 2024
    1 recorded transaction
    2024
    $300,000
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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