151 N Hamilton Rd, Gahanna, OH 43230
For Sale
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This Gahanna, Ohio restaurant, Gatsby's Bar & Grill, presents a unique investment opportunity. The 5,884 square foot free-standing building sits on a 1.62-acre lot with a traffic light entrance on Hamilton Road. Established for 47 years, the property includes the real estate, business, furniture, fixtures, equipment, leasehold improvements, name, and intellectual property. The sale also includes a full Gahanna liquor license, lottery, keno, and pull tabs. The property boasts outstanding patios, two outdoor volleyball courts, and ample parking (72 spaces). With a current annual sales volume exceeding $1,537,000, this property offers potential for a new owner-operator, chain, regional, or themed operation, or significant redevelopment. Built in 1900 and renovated in 1981, the single-story building is zoned C4. Financial information is available to qualified buyers upon execution of a confidentiality agreement. The property has been 100% occupied since August 1, 2024. Additional outdoor recreational amenities, such as bocce ball or pickleball courts, may be feasible. APN: 025-008113-00. Asking price: $2,100,000 ($356.90/sq ft).
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Gatsby's Bar & Pub Restaurant
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Pioneer Meat Co Take-out & Catering Butcher
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
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.