1662 Mound St Columbus, OH 43223-1810
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.
-
Spotlight 2 Lounge Bar & Grill Bar & Pub
-
The Back Door Bar & Patio Bar & Pub Nightclub
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
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.