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Property summary
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
VerifiedCap rate & NOI
Current use
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Nightclub Bar & Pub
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Value estimation
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Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
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Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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