1947 Linden Avenue, Zanesville, OH 43701

$1,142,951
Property Type: Commercial Square Footage: 4,976 Lot Size (sq. ft.): 53,143 Status: Closed
Current Price: $1,142,951 List Date: 3/07/2015 Last Modified: 1/08/2025

Overview

Description

Highly profitable restaurant / business & property! Zanesville's Premier Gathering Place! Founded in 1970, The Barn is a well established business with strong community clientele base. Restaurant boasts dynamic space including bar area, lofted energy efficient new addition with dining area and separate 2nd floor office space, drive-up window for carry-out, basement storage space, specialized ''dough room'', patio with entertainment venue and outdoor event bar. Ideal parking with overflow parking availability. Five Parcels included in sale, including rear rental apartment building for additional revenue. Class D6 Liquor License included in the sale! THE REAL ESTATE SOLD FOR $707,000. THE INVENTORY, FF&E & INTANGIBLES OF THE BUSINESS SOLD FOR $435,951.

Listing Details MLS# 215006378

Location Property Info

Original List Price
1400000
Property Sub Type
Restaurant
Street #
1947
Street Name
Linden
Street Suffix
Avenue
County
Muskingum
State
OH
Zip Code
43701
Township
None

OfficeContract Info

MLS Entry Date
2015-03-06

General Property Info

Previous Use
None
Total SqFt Available
6252
Bldg Sq Ft
4976
Max Cont Sqft Avail
4976
Minimum Sqft Avail
4976
Occupancy Rate
100
Number of Units
2
# of Floors Above Gr
2
Total Parking
90
Year Built
1970
Use Code
430 - RESTAURANT/CAFETERIA/BAR
Acreage
1.22
# of Docks
0

Tax Info

Parcel #
85230218000
Zoning
Commercial
Mult Parcels/Sch Dis
Yes
Addl Parcel Numbers
85230219000, 85230204000, 85230205000, 85230206000
Tax Year
2014
Taxes (Yrly)
5490.7
Tax Incentive
No

Status Change Info

Under Contract Date
2015-10-29
Sold Date
2016-01-04
Sold Price/SqFt
182.81

Suite Info 1

Suite #
Restaurant
SQ FT
4976
Date Available
2015-03-06

More Information

Suite Info 2

Suite #
Apartment Complex
SQ FT
1276
Date Available
2015-03-06

Auction Info

Auction/Online Bidding Y/N
No

Sale Info

Seller Assisted Fin
Y

Location & Property Info

List Price/SqFt
223.93
City (Mailing Addr)
Zanesville
Dist To Interchange
1.5
Corp LimitPerAuditor
Zanesville

Office/Contract Info

For Sale
Yes
Exchange
No
For Lease
No
Lease Rate $/Sq Ft
0

Remarks & Misc

Property Description
Highly profitable restaurant / business & property! Zanesville's Premier Gathering Place! Founded in 1970, The Barn is a well established business with strong community clientele base. Restaurant boasts dynamic space including bar area, lofted energy efficient new addition with dining area and separate 2nd floor office space, drive-up window for carry-out, basement storage space, specialized ''dough room'', patio with entertainment venue and outdoor event bar. Ideal parking with overflow parking availability. Five Parcels included in sale, including rear rental apartment building for additional revenue. Class D6 Liquor License included in the sale! THE REAL ESTATE SOLD FOR $707,000. THE INVENTORY, FF&E & INTANGIBLES OF THE BUSINESS SOLD FOR $435,951.

Income/Expenses

Gross Income
1405426
Net Operating Income
291703
Total Expenses
1113723

Addl Acceptance Cond

None Known
Yes

Expenses Paid by L

All
Yes

T Reimburses L

Curr Yr Est $/SF TRL
0

Construction

Block
Yes
Frame
Yes

Heat Fuel

Electric
Yes
Gas
Yes
Oil
Yes

Services Available

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

Heat Type

Forced Air
Yes
Radiant
Yes

New Financing

Owner Financing
Yes
Other
Yes

Sprinkler

None
Yes

Business Type

Arts and Entertainment
Yes
Professional/Office
Yes
Residential
Yes
Restaurant
Yes

MLS Primary PhotoSrc

Realtor Provided
Yes

Property Features

Addl Acceptance Cond: None Known Expenses Paid by L: All Heat Fuel: Electric; Gas; Oil Heat Type: Forced Air; Radiant Services Available: Electricity Available; Natural Gas Available; Sewer Available; Water Available Construction: Block; Frame Sprinkler: None Business Type: Arts and Entertainment; Professional/Office; Residential; Restaurant New Financing: Owner Financing; Other MLS Primary PhotoSrc: Realtor Provided
Listing Office: YEMA Realty, LLC
Listing Agent: Tana M Lantry
Last Updated: January - 08 - 2025
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