501 Washington St - Restaurant FOR SALE


Steubenville, OH 43952
$685,000 USD
740-632-9111
501 Washington St, Steubenville, OH for Sale
$685,000 USD
Restaurant - FOR SALE
1/34
null | Request Cap Rate

501 Washington St
Steubenville, OH 43952


HIGHLIGHTS

  • Liquor License Transfers
  • 15,000 SF of Unbelievable Space
  • Zone B1-Central Business District

OVERVIEW

Liquor License Transfers, 15,321 SF, 0.86 Acres, Zoned B1-Central Business District, 70 Total Parking Spaces Unlock a World of Opportunity at Froehlich's Classic Corner In the heart of downtown Steubenville lies a property with immense potential for savvy investors and entrepreneurs looking to make their mark in the restaurant, catering, and event venue industry. Welcome to Froehlich's Classic Corner, a versatile establishment that offers more than just a glimpse into the past; it presents an exciting opportunity for your future. This well-known local business benefits from a prime location, drawing daily drive-by traffic and positioning itself amidst a vibrant community of local businesses. The property boasts a full-service restaurant and bar, complete with a professionally equipped commercial kitchen ready to bring culinary dreams to life. One of the standout features is the ability to host events on a grand scale. With private rooms capable of accommodating groups ranging from 20 to 300, you have the ideal space to cater to a diverse array of gatherings, from intimate celebrations to corporate events. And, with the added convenience of on-site parking, your guests' experience is sure to be seamless. While the property's history is fascinating, it's the future that truly shines here. Steeped in tradition yet brimming with potential, Froehlich's Classic Corner offers a unique chance to establish your own restaurant, catering business, or event venue. It's a canvas waiting for your vision, where you can write the next chapter of success. So, if you're an investor with an eye for opportunity or an aspiring restaurateur looking for the perfect launchpad, seize the moment at Froehlich's Classic Corner. Join the ranks of thriving businesses in downtown Steubenville and make your culinary dreams a reality in a location that's ready to welcome the future. **SELLER FINANCING AVAILABLE!!**

FOR SALE DETAILS

PRICE

$685,000 USD

PRICE/SF

$39 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY NAME

Froehlich's Classic Corner

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Bar, Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1937

SPRINKLERS

-

PARKING SPACES

70

LAND DETAILS

LAND ACRES

0.86 AC

LAND SF

37,462 SF

ZONING

Commercial

APN/PARCEL ID

07-15019-000

ASK ABOUT THIS PROPERTY

Joe LuckinoCedar One RealtyMore Info
740-632-9111

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Joe LuckinoCedar One RealtyMore Info
740-632-9111

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.