333 Agler RdColumbus, OH 43230

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

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.

• 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

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