151 Hamilton RdGahanna, OH 43230

For Sale
$2,100,000

Established Bar & Grill, High Traffic Location

Overview

Added:
Dec 11, 2024
Days on market:
91
This iconic Gahanna restaurant, Gatsby's Bar and Grill, presents a unique investment opportunity. Located at 151 N Hamilton Road, this free-standing, 5,884 square foot establishment sits on a 1.62-acre lot with a traffic light entrance, ensuring high visibility and accessibility. Boasting 47 years of success, the property includes the real estate, business, furniture, fixtures, equipment, leasehold improvements, name, and intellectual property. The sale also encompasses a full Gahanna liquor license, lottery, keno, and pull tabs. Annual sales exceed $1,537,000. The property features attractive outdoor patios and two outdoor volleyball courts with established league play, along with opportunities for live entertainment. The expansive lot offers potential for future expansion, such as adding bocce ball or pickleball courts. This turnkey operation is ideal for owner-operators, chains, regional or themed operations, or redevelopment projects. Built in 1900 and renovated in 1981, the property offers a blend of character and modern functionality. The property is currently 100% occupied. Financial details are available upon request with a signed Non-Disclosure Agreement. Asking price is $2,100,000 ($356.90/sq ft).

Highlights

  • $2,100,000 asking price for this 5,884 SF retail property.
  • Free-standing restaurant building on a 1.62-acre lot in Gahanna, Ohio.
  • 100% occupancy with established business and liquor license included.
  • Features include two outdoor volleyball courts and patios.
  • Annual sales exceeding $1,537,000.

Property Details for 151 Hamilton Rd

Property type
Other retail properties, Restaurants
Square Feet
5,884 SF
Year Built/Renovated
1900/1981

Location Insight

City
Gahanna
County
Franklin
State
Ohio
Latitude
40.0209121
Longitude
-82.8667305
151 Hamilton Rd, Gahanna, Ohio

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151 Hamilton Rd
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