205 Tuscarawas Ave Dover, OH 44622-3139
This thriving Dover, OH bar and restaurant, located at 205 N Tuscarawas Avenue, presents a unique turnkey opportunity. Boasting 2,304 square feet on a 0.06-acre lot, this well-maintained establishment includes all equipment (appraised at over $55,000, excluding TVs and sound system) for an asking price of $305,000. The property features a D-5 and D-6 liquor license with Sunday sales, and has undergone significant renovations in the last 10 years. These improvements encompass a new bar top and stools, real oak floors, four updated bathrooms, a walk-in beer cooler, an ice maker, a floor-to-ceiling cigar humidor, upgraded lighting, and six indoor and one outdoor TV, along with a Bose sound system. Security is ensured with an alarm system and video surveillance. The business also offers Ohio Lottery and Keno, and a Queen of Hearts hopper. A second-floor wine room, perfect for private events, features new tables, chairs, windows, and a hammered copper table top. The updated kitchen is equipped with three air fryers, a flat-top grill, one refrigerator, two upright freezers, a rooftop exhaust fan, and a dumbwaiter. Outdoor amenities include a rear patio with a vinyl fence, a second-floor deck, and a heated floor area for comfortable outdoor seating, complete with a TV and space for live music. Various outdoor games are also available. The basement includes new stairs, two hot water tanks, a furnace, central air, a pop station, and a washer and dryer. Utilities include Dover electric, water, sewer, and trash, along with Dominion gas and Spectrum internet and Wi-Fi. The seller is open to a Lease with Option to Purchase for a qualified buyer. Showings are by appointment only during non-business hours (currently open Mondays, Wednesdays, and Fridays from 4:00 PM until closing).
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
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
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Risks
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