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Property summary
This exceptional, fully renovated, free-standing restaurant and bar is located in the heart of Wadsworth, Ohio's central business district. The 9,124 square foot building, constructed in 1978 and extensively renovated in 2021, boasts a first-floor full-service restaurant and bar with a partially finished 5,698 square foot lower level offering versatile space. The property includes all furniture, fixtures, and equipment (FF&E), inventory, and liquor licenses (D1, D2, D3, D6), making this a true turnkey operation. Significant upgrades include a new commercial kitchen with an 18-foot hood system and walk-in coolers/freezers, a bar with 15-20 taps, a new point-of-sale (POS) system, upgraded electrical service (240/480 Volt, 3-phase), new plumbing, hot water heaters, and a 2,000-gallon grease interceptor. The building is fully sprinklered and features two new 12-ton RTUs. Security is enhanced by a system with 16 indoor and outdoor cameras. Ample parking is available with 15 dedicated spaces and access to nearly 400 public spaces, including over 100 directly behind the building. The property has a 684-person occupancy (429 first floor
Property profile
VerifiedCap rate & NOI
Current use
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Restaurant
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Restaurant
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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from $99/month
Cap rate
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from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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