421 W Broadway Street, New Lexington, OH 43764 (MLS# 226002316)

Office/Contract Info

For Sale

Yes

Exchange

No

For Lease

No

Lease Rate $/Sq Ft

0

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

Yes

T Reimburses L

Curr Yr Est $/SF TRL

0

Water Source

Public

Yes

Sewer

Public Sewer

Yes

Business Type

Arts and Entertainment

Yes

Restaurant

Yes

Retail

Yes

MLS Primary PhotoSrc

Realtor Provided

Yes

Property Features