For Sale
$2,100,000

151 Hamilton Rd Gahanna, OH 43230

Established Bar & Grill, Redevelopment Potential

Overview

Added:
Dec 11, 2024
Days on market:
134
This Gahanna, Ohio restaurant, Gatsby's Bar & Grill, presents a unique investment opportunity. The 5,884 square foot free-standing building sits on a 1.62-acre lot with a traffic light entrance on Hamilton Road. Established for 47 years, the property includes the real estate, business, furniture, fixtures, equipment, leasehold improvements, name, and intellectual property. The sale also includes a full Gahanna liquor license, lottery, keno, and pull tabs. The property boasts outstanding patios, two outdoor volleyball courts, and ample parking (72 spaces). With a current annual sales volume exceeding $1,537,000, this property offers potential for a new owner-operator, chain, regional, or themed operation, or significant redevelopment. Built in 1900 and renovated in 1981, the single-story building is zoned C4. Financial information is available to qualified buyers upon execution of a confidentiality agreement. The property has been 100% occupied since August 1, 2024. Additional outdoor recreational amenities, such as bocce ball or pickleball courts, may be feasible. APN: 025-008113-00. Asking price: $2,100,000 ($356.90/sq ft).

Highlights

  • Gatsby's Bar & Grill, a 5,884 SF free-standing restaurant on a 1.62-acre lot in Gahanna, Ohio.
  • High-traffic location with a traffic light entrance on Hamilton Road.
  • Includes real estate, business, FF&E, leasehold improvements, name, intellectual property, and a full Gahanna liquor license (lottery, keno, pull tabs).
  • Features outstanding patios, two volleyball courts, and 72 parking spaces.
  • $2,100,000 asking price ($356.90/SF); Annual sales exceeding $1,537,000.

Property Details for 151 Hamilton Rd

Property type
Retail properties, Restaurants
Square Feet
5,884 SF
Year Built/Renovated
1900/1981
Buildings
1
Stories
1
Lot Size (sq. ft)
70,567 SF
Units
1

Location Insight

City
Gahanna
County
Franklin
State
Ohio
Latitude
40.021061927621
Longitude
-82.866811493208

FAQs

What type of property is this?
Retail property - Established Bar & Grill, Redevelopment Potential
Where is the retail property located?
The property is located at 151 Hamilton Rd Gahanna, OH.
What is the asking price?
The asking price for this property is $2,100,000.
What are key features of this property?
This property features: Gatsby's Bar & Grill, a 5,884 SF free-standing restaurant on a 1.62-acre lot in Gahanna, Ohio.; High-traffic location with a traffic light entrance on Hamilton Road.; Includes real estate, business, FF&E, leasehold improvements, name, intellectual property, and a full Gahanna liquor license (lottery, keno, pull tabs).
How can I contact the broker?
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151 Hamilton Rd
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