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Property profile & analytics
FOR SALE
Bars & Pubs

4040 Mccartney Rd Lowellville, OH 44436

3,882 SF 3 ac lot Built 1930
Entity Owned 5-yr Hold Free & Clear
Property ID
US66-2366691
Property summary
AI-generated overview

This exceptional opportunity presents the chance to acquire the Palace In The Pines, a well-established bar and nightclub located in Lowellville, Ohio. Situated on a spacious 3-acre lot, this 3,882 square foot property is currently vacant, offering a blank canvas for a new owner. The sale includes the real estate, all business assets, and a valuable liquor license, providing a turnkey operation for a prospective buyer. The previous owner is retiring, creating a motivated seller environment and a potentially attractive price point. The asking price is $424,500, translating to $109.35 per square foot. The property consists of one building on a single unit, presenting a streamlined ownership structure. The property's address is 4040 McCartney Rd, Lowellville, OH 44436, within Mahoning County. This prime location offers significant potential for continued success in the hospitality industry. The previous business was profitable, indicating a strong foundation for future growth and profitability. This is a rare opportunity to acquire a fully equipped and licensed bar and nightclub on a substantial land parcel, ready for immediate operation or redevelopment. The property's size and location make it ideal for expansion or adaptation to suit a variety of business models. Don't miss this chance to own a piece of Lowellville's vibrant nightlife scene.

Property profile
Verified
Property type Bars & Pubs
Use group BAR, TAVERN
Year built 1930
Total area 3,882 SF
Lot 3 ac (130,680 SF)
APN 42-045-0-026.00-0
UPID US66-2366691
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
  • Palace In the Pines Nightclub Bar & Pub
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Pines Real Estate LLC · 5 yrs held
Pines Real Estate LLC
since 2020
1 recorded transaction
2020
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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