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    OFF-MARKET
    Turn key restaurants

    333 Agler Rd, Gahanna, OH 43230-2547

    2,501 SF 0.9 ac lot Built 1965
    Entity Owned 14-yr Hold Free & Clear
    Property ID
    US66-1066985
    Property summary
    AI-generated overview

    This exceptional opportunity presents the acquisition of "The Mug," Gahanna's oldest established bar. This single-tenant, free-standing retail property offers a unique investment prospect in a thriving neighborhood. The building encompasses a total of 1 square foot, currently operating as a fully functional bar and presenting a turnkey business acquisition. Located in Franklin County, this property benefits from its long-standing presence within the community and established customer base. The property's history as a neighborhood staple provides a strong foundation for continued success. The compact footprint presents an efficient operational model, minimizing overhead costs. While the square footage is listed as 1 square foot, this is likely a data entry error and further clarification on the actual size is recommended through due diligence. This property is being offered as a single-tenant operation, providing a straightforward investment strategy. The sale includes the existing business, fixtures, and equipment, allowing for immediate occupancy and operation. This is a rare chance to own a piece of Gahanna's history and capitalize on the enduring appeal of a well-established neighborhood bar. Serious inquiries are encouraged to conduct thorough due diligence and confirm all property details. The opportunity to acquire this unique property is limited, so act quickly.

    Property profile
    Verified
    Property type Turn key restaurants
    Use group RESTAURANT
    Year built 1965
    Construction WOOD
    Total area 2,501 SF
    Lot 0.9 ac (39,204 SF)
    APN 025-000818
    UPID US66-1066985
    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
    • The Mug 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
    by Request
    Owner & transaction history
    Leatherbuck LLC · 14 yrs held
    Leatherbuck LLC
    since 2012
    4 recorded transactions
    2012
    $251,400
    2005
    2004
    1969
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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