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Froehlich's Classic Corner 501 Washington St

17,500 SF Retail Building Steubenville, OH 43952 $963,384 CAD ($55 CAD/SF)

Investment Highlights

  • Liquor License Transfers
  • Zone B1-Central Business District
  • 15,000 SF of Unbelievable Space

Executive Summary

Liquor License Transfers, 15,321 SF, 0.86 Acres, Zoned B1-Central Business District, 70 Total Parking Spaces
Unlock a World of Opportunity at Froehlich's Classic Corner In the heart of downtown Steubenville lies a property with immense potential for savvy investors and entrepreneurs looking to make their mark in the restaurant, catering, and event venue industry. Welcome to Froehlich's Classic Corner, a versatile establishment that offers more than just a glimpse into the past; it presents an exciting opportunity for your future. This well-known local business benefits from a prime location, drawing daily drive-by traffic and positioning itself amidst a vibrant community of local businesses. The property boasts a full-service restaurant and bar, complete with a professionally equipped commercial kitchen ready to bring culinary dreams to life. One of the standout features is the ability to host events on a grand scale. With private rooms capable of accommodating groups ranging from 20 to 300, you have the ideal space to cater to a diverse array of gatherings, from intimate celebrations to corporate events. And, with the added convenience of on-site parking, your guests' experience is sure to be seamless. While the property's history is fascinating, it's the future that truly shines here. Steeped in tradition yet brimming with potential, Froehlich's Classic Corner offers a unique chance to establish your own restaurant, catering business, or event venue. It's a canvas waiting for your vision, where you can write the next chapter of success. So, if you're an investor with an eye for opportunity or an aspiring restaurateur looking for the perfect launchpad, seize the moment at Froehlich's Classic Corner. Join the ranks of thriving businesses in downtown Steubenville and make your culinary dreams a reality in a location that's ready to welcome the future.
**SELLER FINANCING AVAILABLE!!**

Property Facts

Sale Type
Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
17,500 SF
Building Class
B
Year Built
1937
Price
$963,384 CAD
Price Per SF
$55 CAD
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.47
Land Acres
0.86 AC
Zoning
Commercial - B1-Central Business District
Parking
70 Spaces (4 Spaces per 1,000 SF Leased)
Frontage
61 ft on Washington St

Amenities

  • Courtyard
  • Restaurant
  • Signage

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
07-15019-000
Land Assessment
$5,998 CAD (2023)
Improvements Assessment
$89,036 CAD (2023)
Total Assessment
$95,034 CAD (2023)
  • Listing ID: 29511988

  • Date on Market: 2023-09-13

  • Last Updated:

  • Address: 501 Washington St, Steubenville, OH 43952

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