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241 Main St Coshocton, OH 43812-1508

OFF-MARKET Turn key restaurants Google Maps
3,190 SF 0.05 ac lot Built 1900
Individually Owned 5-yr Hold Absentee Owner Free & Clear
Estimated value (blended)
$180k
Range $162k – $198k (±10%)
Property ID US66-4763273

Property summary

AI-generated overview

This exceptional mixed-use property at 241 Main Street, Coshocton, OH, presents a lucrative investment opportunity. The 2,374 square foot building sits on a 0.05-acre lot and houses a well-established and profitable bar known as Pod & Goggles. The sale includes the business, its licenses (including a full-service carry-out DORA license), all equipment and fixtures, and existing inventory. The business operates under a Restaurant, cafeteria, and/or Bar license. The bar boasts a wide selection of high-quality liquors, a fully equipped kitchen, a spacious guest area, and two bathrooms. A significant advantage is the second-floor space with its own separate exit, offering potential for expansion or additional rental income. A full basement provides ample storage. Recent upgrades significantly enhance the property's value and efficiency. These include a new air conditioning system, a newer water tank, and energy-efficient LED lighting throughout. The plumbing has been completely replaced with new copper, insulated wrapped lines. The electrical system has been upgraded with all new armored cabled 220-volt wiring and service lines, featuring two 200-amp service panels for a total of 400 amps. Finally, all gas lines and fittings are new and meet industrial standards. The building also benefits from a new tempering make. Priced at $900,000, this turnkey operation offers immediate income potential and significant long-term growth prospects.

Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1900
Construction WOOD
Total area 3,190 SF
Lot 0.05 ac (2,374 SF)
APN 430000217300
UPID US66-4763273

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Restaurant
  • Bar & Pub

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$180k

Owner & transaction history

since 2021
3 recorded transactions
2021
Price N/A
2021
Price N/A
2006
$85,000

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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