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Property profile & analytics
OFF-MARKET
Turn key restaurants

1662 Mound St Columbus, OH 43223-1810

2,692 SF 0.14 ac lot Built 1959
Entity Owned ~ Est. High Equity
Property ID
US66-2337871
Property summary
AI-generated overview

This exceptional restaurant property at 1662 W Mound Street, Columbus, OH 43223, presents a lucrative investment or owner-occupant opportunity. Boasting 2,988 square feet of net rentable space on a 6,098.4 square foot lot, this established eatery is priced at $750,000 ($251 per square foot). Built in 1959 and extensively renovated in 2021, the property features three distinct lounge areas, two full bars, a fully equipped DJ booth, and a stage perfect for live entertainment. An enclosed outdoor patio provides year-round usability. Recent improvements include a new roof, parking lot resurfacing, a new kitchen hood system, epoxy flooring, a new AC unit, and patio upgrades. Ample on-site parking is available. The property benefits from high local traffic volume, situated minutes from the soon-to-be-developed mixed-use project at the site of the old Cooper's Stadium and surrounded by other thriving businesses. This turnkey operation offers strong positive cash flow potential and is ready for immediate occupancy or continued operation as a successful restaurant and bar. The property's prime location and recent renovations make it an attractive investment for discerning buyers seeking a high-return opportunity in a vibrant Columbus neighborhood.

Property profile
Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1959
Construction WOOD
Total area 2,692 SF
Lot 0.14 ac (5,968 SF)
APN 010-069304
UPID US66-2337871
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
  • Spotlight 2 Lounge Bar & Grill Bar & Pub
  • The Back Door Bar & Patio Bar & Pub Nightclub
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Ggh LLC
Ggh LLC
since 2025
5 recorded transactions
2025
$500,000
2018
$155,000
2008
$94,500
1997
$180,000
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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