Technical
Financial
Distress signals
Property profile

63 Ct St Athens, OH 45701

OFF-MARKET
Turn key restaurants
Property ID
US66-3796928
9,928 SF 0.07 ac lot Built 1920
Entity Owned 14-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional Class A retail and restaurant space, located in the vibrant Uptown Athens submarket cluster, presents a unique leasing opportunity. The property, known as The Lostro, boasts a total of 34,000 square feet across four stories within a single building, constructed in 1915 and extensively renovated in 2024. Currently, 7,000 square feet of immediately available space is perfect for a variety of commercial uses. The minimum divisible space is 7,000 square feet, offering flexibility for larger tenants. Situated on two acres of land, the property benefits from convenient street parking. The building features modern amenities including elevators and robust 400-amp power. Its prime location, with convenient access to Union Street, places it at the heart of Uptown Athens' bustling commercial district. The property is zoned for commercial use and benefits from a low tax rate of $8 per square foot. This meticulously renovated building offers a blend of historic charm and contemporary functionality, making it an ideal location for discerning businesses seeking a high-profile presence in a thriving market. The building's impressive size and modern upgrades make it a truly exceptional opportunity.

Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1920
Total area 9,928 SF
Lot 0.07 ac (2,862 SF)
APN A02-81400092-00
UPID US66-3796928

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
  • Bar & Pub

Location

63 Ct St Athens, OH 45701-2676
Athens metro Census 973902 ATHENS, OH MICROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$260k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$260k

Owner & transaction history

since 2012
2 recorded transactions
2012
$450,000
2010
$600,000

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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