333 Agler RdColumbus, OH 43230
- Retail properties
- 2,501 SF
Property Details for 333 Agler Rd
- Year built
- 1965
- Construction
- WOOD
- Lot size
- 0.90 AC
- Property size (Sq ft)
- 2,501 SF
- Property type
- Retail properties
- Property subtype
- Turn key restaurants
- APN
- 025-000818
- APU
- 25000818
Description
This exceptional opportunity presents the acquisition of "The Mug," Gahanna's oldest established bar. This single-tenant, free-standing retail property offers a unique investment prospect in a thriving neighborhood. The building encompasses a total of 1 square foot, currently operating as a fully functional bar and presenting a turnkey business acquisition. Located in Franklin County, this property benefits from its long-standing presence within the community and established customer base. The property's history as a neighborhood staple provides a strong foundation for continued success. The compact footprint presents an efficient operational model, minimizing overhead costs. While the square footage is listed as 1 square foot, this is likely a data entry error and further clarification on the actual size is recommended through due diligence. This property is being offered as a single-tenant operation, providing a straightforward investment strategy. The sale includes the existing business, fixtures, and equipment, allowing for immediate occupancy and operation. This is a rare chance to own a piece of Gahanna's history and capitalize on the enduring appeal of a well-established neighborhood bar. Serious inquiries are encouraged to conduct thorough due diligence and confirm all property details. The opportunity to acquire this unique property is limited, so act quickly.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $717,774
- 6.5%
- $662,561
- 7%
- $615,235
-
Comparable approach
- Method
- Valuation
- Relative Method
- $589,538
- Geo Method
- $589,538
-
Alternative Use
- Use
- Valuation
- Residential
- $558,895
- Hospitality
- $511,944
- Educational
- $425,932
- Medical
- $440,580
- Retail
- $662,561
Location Insight
- City
- Gahanna
- County
- Franklin
- State
- Ohio
- Latitude
- 40.0191
- Longitude
- -82.8888
- CBSA code
- 18140
- CBSA name
- COLUMBUS, OH METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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