421 W Broadway Street, New Lexington, OH 43764

New Listing
$999,900
Property Type: Commercial Square Footage: 16,000 Lot Size (sq. ft.): 152,460 Status: Active
Current Price: $999,900 List Date: 1/23/2026 Last Modified: 1/23/2026

Description

Offered for sale is a rare and iconic commercial opportunity featuring over 3.5 acres of prime, high-visibility ground located along Broadway near the signalized intersection of State Route 13 and State Route 37. This long-standing, well-known property has been owned by the same family since 1936 and has served as a cornerstone of the community for generations, making it a truly special offering with deep local roots and proven longevity. The property is anchored by a fully operational bowling alley with 10 lanes, accompanied by a restaurant, bar, and additional retail space, all housed in maintained commercial buildings. The venue has been thoughtfully cared for over the years, reflecting pride of ownership and ongoing maintenance throughout. All inventory is included, along with furniture, fixtures, equipment, liquor license, permits, and associated operational items—providing a seamless transition for new ownership and immediate income potential. The front retail space is currently leased to a dispensary, offering exceptional built-in rental income. Multiple revenue streams exist across the property, making it suitable for an owner-operator, investor, or developer looking to capitalize on location, history, and flexibility. Ample on-site parking accommodates high traffic volumes, special events, and daily operations, with multiple access points for convenience and flow. All public utilities are in place. Behind the main buildings, approximately ¼ acre is fenced, creating an ideal outdoor area for cornhole tournaments, horseshoes, live music, nightlife entertainment, or private events, adding yet another layer of income potential and community engagement. This well-established venue has played a significant role in the history and social fabric of New Lexington, hosting decades of leagues, gatherings, celebrations, and memories.

Supplements: ********

More Information MLS# 226002316

Location & Property Info

List Price/SqFt: 62.49 City (Mailing Addr): New Lexington Corp LimitPerAuditor: New Lexington

Office/Contract Info

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

General Property Info

Total SqFt Available: 16000 Bldg Sq Ft: 16000 Max Cont Sqft Avail: 16000 Minimum Sqft Avail: 16000 Total Parking: 20 # of Docks: 0 Number of Units: 4 # of Floors Above Gr: 1 Acreage: 3.5

Tax Info

Zoning: C Mult Parcels/Sch Dis: Yes Addl Parcel Numbers: 21 parcels 270007770000,270007780000,270007790000, 270007800000,270007810000,270007820000, 270007830000,270007900000,270007910000, 270007930000,270007940000,270007950000, 270007960000,270007970000,270007980000, 270007990000,270008000000,270008010000, 270008020000,270008030000,270008040000. Tax Abatement: No Parcel #: 270007790000 Tax Year: 2024

Remarks & Misc

Property Description: Offered for sale is a rare and iconic commercial opportunity featuring over 3.5 acres of prime, high-visibility ground located along Broadway near the signalized intersection of State Route 13 and State Route 37. This long-standing, well-known property has been owned by the same family since 1936 and has served as a cornerstone of the community for generations, making it a truly special offering with deep local roots and proven longevity. The property is anchored by a fully operational bowling alley with 10 lanes, accompanied by a restaurant, bar, and additional retail space, all housed in maintained commercial buildings. The venue has been thoughtfully cared for over the years, reflecting pride of ownership and ongoing maintenance throughout. All inventory is included, along with furniture, fixtures, equipment, liquor license, permits, and associated operational items—providing a seamless transition for new ownership and immediate income potential. The front retail space is currently leased to a dispensary, offering exceptional built-in rental income. Multiple revenue streams exist across the property, making it suitable for an owner-operator, investor, or developer looking to capitalize on location, history, and flexibility. Ample on-site parking accommodates high traffic volumes, special events, and daily operations, with multiple access points for convenience and flow. All public utilities are in place. Behind the main buildings, approximately ¼ acre is fenced, creating an ideal outdoor area for cornhole tournaments, horseshoes, live music, nightlife entertainment, or private events, adding yet another layer of income potential and community engagement. This well-established venue has played a significant role in the history and social fabric of New Lexington, hosting decades of leagues, gatherings, celebrations, and memories.

Income/Expenses

Gross Income: 0 Net Operating Income: 0 Total Expenses: 0

Addl Acceptance Cond

None Known: 1

T Reimburses L

Curr Yr Est $/SF TRL: 0

Water Source

Public: 1

Sewer

Public Sewer: 1

Auction Info

Auction/Online Bidding Y/N: No

Business Type

Arts and Entertainment: 1 Restaurant: 1 Retail: 1

MLS Primary PhotoSrc

Realtor Provided: 1

Location Property Info

Original List Price: 999900 List Price: $999,900 Property Sub Type: Mixed Use Street #: 421 Street PreDirection: W Street Name: Broadway Street Suffix: Street County: Perry State: OH Zip Code: 43764 Township: Pike

OfficeContract Info

Status: Active MLS Entry Date: 2026-01-22

Property Features

Addl Acceptance Cond: None Known Water Source: Public Sewer: Public Sewer Business Type: Arts and Entertainment; Restaurant; Retail MLS Primary PhotoSrc: Realtor Provided
Listing Office: Hill Real Estate
Listing Agent: Kelli A Poling
Last Updated: January - 23 - 2026
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