1040 S Wayne St - Restaurant FOR SALE


Saint Marys, OH 45885
$200,000 USD
419-305-6669
1040 S Wayne St, Saint Marys, OH for Sale
$200,000 USD
Restaurant - FOR SALE
1/40
null | Request Cap Rate

1040 S Wayne St
Saint Marys, OH 45885


HIGHLIGHTS

  • Full Service Restaurant
  • Updated flooring and booths

OVERVIEW

We’re pleased to present a compelling opportunity for your buyers seeking a fully operational restaurant and bar with immediate income potential. **The Wayne St. Bar & Grill** offers a true turnkey setup, with the sale including the building, land, all existing licenses, equipment, and inventory. The property holds a D-1 Beer, D-2 Wine, and D-3 Liquor license (1:00 AM), providing full-service flexibility for a range of concepts. The main level is equipped with essential restaurant infrastructure, including a walk-in cooler, additional exterior cooler, stoves, ovens, and fryers. Recent improvements include new booths and updated flooring, enhancing the overall customer experience. The first floor also features two newer wall-mounted heating and cooling units (installed November 2019), along with an existing GFA system. The second floor, currently utilized for storage, presents value-add potential. It includes a bathroom, shower, and bedroom with a private exterior entrance—ideal for an owner-operator setup or future conversion into additional service space, private dining, or entertainment area. **Location Highlights:** Positioned at 1040 S. Wayne Street in St. Marys Township, just outside city limits, the property benefits from convenient access and visibility along a well-traveled corridor on the east side of the street, just north of the former Goodyear Tire & Rubber Co. site. This property is part of a larger investment portfolio (MLS #1042948, 1042949, 1042950, 1042951, 1042952, 1042953, 1042954), offering additional opportunities for investors seeking to expand their footprint. If you have clients looking for an established, ready-to-operate hospitality asset with upside potential, this is an opportunity worth exploring. Please reach out to schedule a private tour or request additional details.

FOR SALE DETAILS

PRICE

$200,000 USD

PRICE/SF

$78 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1911

SPRINKLERS

-

PARKING SPACES

65

LAND DETAILS

LAND ACRES

1.05 AC

LAND SF

45,738 SF

ZONING

C1 - Neighborhood Commerc

APN/PARCEL ID

K31-010-004-00

ASK ABOUT THIS PROPERTY

Betty DuBryMaster Key RealtyMore Info
419-305-6669

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Betty DuBryMaster Key RealtyMore Info
419-305-6669

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.