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Investment Highlights

  • Full Service Restaurant
  • Updated flooring and booths

Executive Summary

We’re pleased to present a compelling opportunity for your buyers seeking a fully operational restaurant and bar with immediate income potential.
**The Wayne St. Bar & Grill** offers a true turnkey setup, with the sale including the building, land, all existing licenses, equipment, and inventory. The property holds a D-1 Beer, D-2 Wine, and D-3 Liquor license (1:00 AM), providing full-service flexibility for a range of concepts.
The main level is equipped with essential restaurant infrastructure, including a walk-in cooler, additional exterior cooler, stoves, ovens, and fryers. Recent improvements include new booths and updated flooring, enhancing the overall customer experience. The first floor also features two newer wall-mounted heating and cooling units (installed November 2019), along with an existing GFA system.
The second floor, currently utilized for storage, presents value-add potential. It includes a bathroom, shower, and bedroom with a private exterior entrance—ideal for an owner-operator setup or future conversion into additional service space, private dining, or entertainment area.
**Location Highlights:**
Positioned at 1040 S. Wayne Street in St. Marys Township, just outside city limits, the property benefits from convenient access and visibility along a well-traveled corridor on the east side of the street, just north of the former Goodyear Tire & Rubber Co. site.
This property is part of a larger investment portfolio (MLS #1042948, 1042949, 1042950, 1042951, 1042952, 1042953, 1042954), offering additional opportunities for investors seeking to expand their footprint.
If you have clients looking for an established, ready-to-operate hospitality asset with upside potential, this is an opportunity worth exploring.
Please reach out to schedule a private tour or request additional details.

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Restaurant
Building Size
2,558 SF
Building Class
B
Year Built/Renovated
1911/2019
Price
$200,000
Price Per SF
$78.19
Tenancy
Single
Building Height
2 Stories
Building FAR
0.06
Lot Size
1.05 AC
Zoning
C1 - Neighborhood Commerc - Created to provide areas where limited commercial development may occur in suitable locations with goods & services.
Parking
65 Spaces (25.41 Spaces per 1,000 SF Leased)
Frontage
330’ on Wayne Street, Saint Marys

Amenities

  • Restaurant
  • Air Conditioning

Property Taxes

Property Taxes

Parcel Number
K31-010-004-00
Land Assessment
$5,720
Improvements Assessment
$21,200
Total Assessment
$26,920
  • Listing ID: 39289355

  • Date on Market: 2/2/2026

  • Last Updated:

  • Address: 1040 S Wayne St, Saint Marys, OH 45885

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