Technical
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Property profile

74 Ct St Athens, OH 45701

OFF-MARKET
Commercial real estate
Property ID
US66-3152936
4,444 SF 0.04 ac lot Built 1900
Entity Owned 6-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional 2,000+ square foot restaurant space, located at 74 N Court St, Suite 001 in Athens, Ohio, presents a remarkable opportunity for a discerning entrepreneur. Situated in a high-traffic area, this single-tenancy property boasts a prime location on the vibrant Court Street corridor, directly across from established businesses like North End Kitchen + Bar and Courtside Pizza, and adjacent to Kava Bar and Stephen's On Court. The property benefits from exceptional visibility and signage opportunities on both the front and side facades, ensuring maximum exposure to the 4400 vehicles that pass daily. The suite is situated on the lower level with a dedicated commercial storefront entrance on Fern Alley. This highly visible retail space enjoys consistent foot traffic from Ohio University students and the broader Athens community. A significant advantage is the inclusion of an on-site liquor permit for beer and wine, streamlining the setup for a bar or restaurant concept. The space itself is flexible and adaptable, perfect for a creative and unique concept that will stand out in the already bustling Athens market. The property's location, just south of Carpenter Street and north of State Street, places it within easy reach of Ohio University's College Green, guaranteeing a steady stream of potential customers. This is a truly exceptional opportunity to establish a thriving business in a dynamic and desirable location. The address is 74 N Court St, Suite 001, Athens, OH 45701.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1900
Total area 4,444 SF
Lot 0.04 ac (1,681 SF)
APN A02-81400079-00
UPID US66-3152936

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
  • University
  • Academic Department
  • Resort

Location

74 Ct St Athens, OH 45701-3133
Athens metro Census 973902 ATHENS, OH MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$465k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$435k

Owner & transaction history

since 2020
Last sale
$435,000
2 recorded transactions
2021
Price N/A
2020
$435,000

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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