Property profile

501 Washington St Steubenville, OH 43952

OFF-MARKET
Turn key restaurants
Property ID
US66-3307328
4,590 SF 0.11 ac lot Built 1937
Individually Owned 1-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1937
Total area 4,590 SF
Lot 0.11 ac (4,792 SF)
APN 07-15019-000
UPID US66-3307328

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
  • Construction Company General Contractor
  • Insurance Agency
  • Law Firm
  • Counselor Practitioner Service Location
  • Restaurant

Location

501 Washington St Steubenville, OH 43952-2185
Steubenville metro Census 200 WEIRTON-STEUBENVILLE, WV-OH METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$240k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$240k

Owner & transaction history

since 2025
1 recorded transaction
2025
Price N/A

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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