Bar Business with Real Estate 641 Massillon Rd

Investment Highlights

Bar Business with Real Estate and Restaurant Tenant

Executive Summary

Money Making Opportunity! Turnkey bar. 4,402 sf commercial 2 unit building built in 2005 and located on almost a half-acre. Currently there are 2 tenants in the building. The first is the well established neighborhood bar, Jack's Happy Landing, and the other space is the well established neighborhood restaurant, Oldies & Goodies Classic Family Diner. The owner of the building operates Jack's Happy Landing. There are approximately 25 bar stools, 8 tables and a pool table area and two restrooms. Liquor license is D1, D2 and D3. Furniture, fixtures and equipment stays. The Oldies & Goodies Classic Family Diner is operated by a tenant who would like to stay. Tenant pays $500 a month. Approximate seating for 30 and two restrooms. Most furniture, fixtures and equipment stays. There is a full basement for storage. Approximately 25 parking spaces.

• Sale Type    Investment
• Property Type    Retail
• Property Subtype    Restaurant Restaurant General Retail Bar Restaurant
• Building Size    4,402
• Building Class    C
• Year Built    2005
• Price    339,000
• Price Per SF    77
• Tenancy    Single
• Building Height    1 Story
• Building FAR    0.22
• Land Acres    0.46 AC
• Opportunity Zone    Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.