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256 E State St 4,747 SF Retail Building Salem, OH 44460 $350,000 ($73.73/SF)
Investment Highlights
- Includes a D5 liquor license for full-service beverage operations
- Surrounded by complementary businesses that enhance customer draw
- Offered with both business and real estate components for a complete acquisition
- High-visibility location on a walkable main street with strong local traffic
- Features a large bar, multiple dining areas, commercial kitchen, and outdoor patio
Executive Summary
Neighborhood Bar / Restaurant in Salem, OH
Business Assets: $250,000
Real Estate: $350,000
• Neighborhood Bar / Restaurant in Salem, OH
• Established and very well known destination sports bar
• D5 liquor license
• High visibility, walkable main street with many complementary businesses nearby
Business Assets: $250,000
Real Estate: $350,000
• Neighborhood Bar / Restaurant in Salem, OH
• Established and very well known destination sports bar
• D5 liquor license
• High visibility, walkable main street with many complementary businesses nearby
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
4,747 SF
Building Class
B
Year Built/Renovated
1918/2006
Price
$350,000
Price Per SF
$73.73
Tenancy
Single
Building Height
1 Story
Building FAR
0.67
Lot Size
0.16 AC
Parking
6 Spaces (1.26 Spaces per 1,000 SF Leased)
Frontage
Amenities
- 24 Hour Access
- Restaurant
- Signage
- Air Conditioning
- Smoke Detector
Moderately walkable
60/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 5100381000 | Improvements Assessment | $52,960 |
| Land Assessment | $14,910 | Total Assessment | $67,870 |
Property Taxes
Parcel Number
5100381000
Land Assessment
$14,910
Improvements Assessment
$52,960
Total Assessment
$67,870
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256 E State St
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