151 N Hamilton Road, Gahanna, OH 43230

$2,100,000
Property Type: Commercial Square Footage: 5,884 Lot Size (sq. ft.): 32,234 Status: Active
Current Price: $2,100,000 List Date: 8/19/2024 Last Modified: 12/30/2025

Overview

Description

Iconic Gatsby's Bar and Grill at 151 N. Hamilton Road in Gahanna, OH 43230. Fantastic free-standing bar/restaurant with 5,884 square feet on 1.62 acres with traffic light entrance on Hamilton Road. Established 47 years, a friendly place to eat and drink. Features outstanding patios and 2 outdoor volleyball courts with league play. Live entertainment & more! Sale includes the real estate & business with furniture, fixtures, equipment, leasehold improvements, name & intellectual property. Full Gahanna liquor license, lottery, keno and pull tabs. Sales volume of $1,537,000 plus annually. Ideal for a new owner operator, chain, regional, themed operation or fantastic redevelopment opportunity. Possible room to add bocce ball courts or pickle ball. Financials available with signed NDA

Listing Details MLS# 224029120

Location Property Info

Original List Price
2100000
Property Sub Type
Restaurant
Street #
151
Street PreDirection
N
Street Name
Hamilton
Street Suffix
Road
County
Franklin
State
OH
Zip Code
43230
Subdiv/Cmplx/Comm
PLEASE DO NOT DISTURB THE ONGOING BUSIINESS OR EMPLOYEES Sale of the RE and Gatsby's business
Township
Mifflin

OfficeContract Info

MLS Entry Date
2024-08-19

General Property Info

Previous Use
Bar/Restaurant
Total SqFt Available
5884
Bldg Sq Ft
5884
Max Cont Sqft Avail
5884
Minimum Sqft Avail
5884
Occupancy Rate
100
# of Floors Above Gr
Yes
Total Parking
72
Year Built
1900
Use Code
430 - RESTAURANT/CAFETERIA/BAR
Lot Size (Side)
IRR
Acreage
0.74
# of Docks
0

Tax Info

Parcel #
025-000282
Zoning
Commercial
Mult Parcels/Sch Dis
Yes
Addl Parcel Numbers
025-008113 2 parcels totaling 1.62 acres at traffic light Total real estate taxes of $25,450
Assessment
None Known
Tax Year
2023
Tax Abatement
No
Taxes (Yrly)
18657
Tax Incentive
No

Expenses Paid by L

Curr Yr Est $/SF LL
7.5
All
Yes
Building Insurance
Yes
Cam
Yes
Janitorial
Yes
Repairs
Yes
RE Taxes
Yes
Utilities
Yes

T Reimburses L

Curr Yr Est $/SF TRL
7.5

More Information

Financials

Financials ForYearOf
2023

Expenses

R.E. Taxes
25450

Auction Info

Auction/Online Bidding Y/N
No

Location & Property Info

List Price/SqFt
356.9
City (Mailing Addr)
Gahanna
Dist To Interchange
10
Corp LimitPerAuditor
Gahanna

Office/Contract Info

For Sale
Yes
Exchange
No
For Lease
No
Lease Rate $/Sq Ft
25

Remarks & Misc

Property Description
Iconic Gatsby's Bar and Grill at 151 N. Hamilton Road in Gahanna, OH 43230. Fantastic free-standing bar/restaurant with 5,884 square feet on 1.62 acres with traffic light entrance on Hamilton Road. Established 47 years, a friendly place to eat and drink. Features outstanding patios and 2 outdoor volleyball courts with league play. Live entertainment & more! Sale includes the real estate & business with furniture, fixtures, equipment, leasehold improvements, name & intellectual property. Full Gahanna liquor license, lottery, keno and pull tabs. Sales volume of $1,537,000 plus annually. Ideal for a new owner operator, chain, regional, themed operation or fantastic redevelopment opportunity. Possible room to add bocce ball courts or pickle ball. Financials available with signed NDA

Income/Expenses

Gross Income
0
Net Operating Income
0
Total Expenses
0

Addl Acceptance Cond

None Known
Yes

Misc Int & Ext Info

Parking Ratio/1000
12.25

Construction

Block
Yes
Frame
Yes

Heat Fuel

Electric
Yes
Gas
Yes

Sewer

Public Sewer
Yes

Services Available

Electricity Available
Yes
Natural Gas Available
Yes
Sewer Available
Yes
Storm Sewer
Yes
Water Available
Yes

Heat Type

Forced Air
Yes

Electric

3 Phase
Yes
Single Phase
Yes

New Financing

Conventional
Yes

Sprinkler

Wet
Yes

Business Type

Arts and Entertainment
Yes
Auto Service
Yes
Financial
Yes
Gas Station
Yes
Hotel/Motel
Yes
Multi-Family
Yes
Professional/Office
Yes
Restaurant
Yes
Retail
Yes
Shopping Center
Yes

MLS Primary PhotoSrc

Realtor Provided
Yes

Property Features

Addl Acceptance Cond: None Known Expenses Paid by L: All; Building Insurance; Cam; Janitorial; Repairs; RE Taxes Heat Fuel: Electric; Gas Heat Type: Forced Air Electric: 3 Phase; Single Phase Sewer: Public Sewer Services Available: Electricity Available; Natural Gas Available; Sewer Available; Storm Sewer; Water Available Construction: Block; Frame Sprinkler: Wet Business Type: Arts and Entertainment; Auto Service; Financial; Gas Station; Hotel/Motel; Multi-Family; Professional/Office; Restaurant; Retail; Shopping Center New Financing: Conventional MLS Primary PhotoSrc: Realtor Provided
Listing Office: Hanna Commercial, LLC
Listing Agent: Gregory J Hrabcak
Last Updated: December - 30 - 2025
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