496 S Broadway Avenue Salem, OH $ 165,000
496 S Broadway Avenue
$ 165,000
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496 S Broadway Avenue

Salem, OH, 44460
$ 165,000
Baths0.0

Monthly Estimate*

$ 1,153

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Studio

Commercial Property for sale in Salem, OH

for $165,000. This building was built in 1882 on a lot size of 0.1033.

Here is the turnkey business opportunity you've been waiting for! Fernengle's Tavern has run solidly in the black month after month, year after year! Fully operating business is ready for you to step right in with a new beer $10,000 beer cooler installed 8 months ago and all equipment and inventory included. Gorgeous woodwork throughout this historical bar with pool room, large covered patio, pool room, and situated close to area manufacturing which would draw a local lunch crowd. Currently running bar top machines, weekly live entertainment on Wednesday & Thursday nights as well as 2 weekends per month, pull tabs, and games throughout the bar. Small kitchen but locally famous for it's original award winning wing recipe that comes with the bar. Also included are the 7 day liquor license, carryout license, food license, charitable bingo license, billiard license, BMI music license, and coin operated amusement license. Upstairs you will find a 5 room apartment that can be used for your own living quarters or rent it out for additional income. Don't miss this chance to make your neighborhood bar your own!

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Commercial Active

Price

$ 165,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 716

Style

Lot Size

0.1033

Year Built

1882

Town/City

Salem

County/Region

Columbiana

MLS | Web ID

5025518

Features
General
Sewer PublicSewer
Heating Radiators
Cooling CentralAir CeilingFans
Possession DeliveryOfDeed
Roof Composition
Year Built 1882
Township Salem
Property SubType Business
Tax Year 2023
Business Type BarTavernLounge
Business Name Fernengel's Tavern
County Columbiana
New Construction N
Property Type CommercialSale
HOA / Comm Assn N
Attached Garage N
Garage Y/N N
Status Active
Directions State St. to South Broadway.
City Salem
Buyer Agent Compensation 3
View Y/N N
Senior Community Y/N N
High School District Salem CSD - 1508
Zoning Description Commercial
Waterfront Y/N N
Carport Y/N N
Street Name Broadway
Property Attached Y/N N
Land Lease Y/N N
Tax Annual Amount 716.0
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Days on Market 0
Building Area Units SquareFeet
Standard Status Active
Middle/Junior School District Salem CSD - 1508
Elementary School District Salem CSD - 1508
Year Built Source PublicRecords
Property Sub Type Additional Business
Buyer Agent Compensation Type Item1
Legal Description 297 Z STREET 30
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Interior
Basement Full
Basement (Y/N) Y
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Street Suffix Avenue
Electric On Property Y/N N
Main Level Bathrooms 0
Total Baths 0
Living Area Units SquareFeet
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Exterior
Parking Features OffStreet OnStreet
Water Source Public
Lot Size Area 0.1033
Spa N
Building Area Total 4500.0
Lot Size Acres 0.1033
Lot Size Units Acres
Lot Size Source Assessor
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 496
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* Excluded Features
List By
Serita D Diana

Listing Agent

Berkshire Hathaway Homeservices Stouffer Realty

Broker

seritadiana@stoufferrealty.com

Email

Affordability Calculator

$1,212
Per Month
95%
5%
0%
Monthly Principal & Interest
$1,153
Monthly Property Taxes
$60
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4457576 Elementary School
4457695 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/21/2024$165,000 Listed Price

Map


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496 S Broadway Avenue, Salem, OH, 44460 is a Commercial Property for sale at $165,000 with a lot size of 0.1033. 496 S Broadway Avenue is a studio with 0.0 baths and was built in 1882. The property's zip code is 44460 which is in Salem, OH