501 Washington St Steubenville, OH 43952-2185
This exceptional commercial property, located at 501 Washington St, Steubenville, OH 43952, presents a unique investment opportunity. The 17,500 square foot building, constructed in 1937, sits on a 0.86-acre lot and offers 15,000 square feet of net rentable space. Currently operating as a well-established bar and restaurant, the property boasts a full-service commercial kitchen and multiple private rooms capable of hosting events for 20 to 300 guests. The B1-Central Business District zoning allows for a variety of uses. The property includes a liquor license transfer and ample parking (4 spaces per 1,000 sq ft). The two-story building is classified as Class B and features a multi-tenant setup. Seller financing is available. This prime location in downtown Steubenville offers high visibility and significant foot traffic, making it an ideal investment for experienced restaurateurs, event planners, or savvy investors seeking a high-return opportunity. The property's rich history and versatile layout provide a solid foundation for future success. The asking price is $685,000. The Jefferson County APN is 07-15019-000.
-
Shelly & Sands Construction Company General Contractor
-
FARMERS INSURANCE Insurance Agency
-
Sly Bail Bonds Law Firm
-
Delores Livingston Social Worker Counselor
-
Froehlich's Classic Corner Restaurant
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
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.