Huge building and business for sale Downtown Lima!
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Rare opportunity to acquire The Met, an established downtown Lima restaurant and bar along with the underlying real estate. Established in 2012, this offering combines a fully equipped restaurant operation, valuable Ohio D5 & D6 liquor licenses, two improved parcels, and significant future redevelopment potential—all for an asking price of $825,000.
Located in the heart of Downtown Lima, the property includes approximately 8,983 square feet of improvements on 0.594 acres, with the restaurant occupying approximately 7,212 square feet. The sale includes the business, real estate, liquor licenses, furniture, fixtures, equipment, and operating assets, providing a new owner with the opportunity to step into a well-equipped restaurant and bar operation.
The restaurant features a professionally equipped commercial kitchen, commercial hood and fire-suppression system, extensive refrigeration, spacious dining areas, a custom-built full-service bar, customer restrooms, storage and prep areas, and an impressive outdoor patio.
Turnkey Restaurant & Bar
The sale includes substantially all of the infrastructure needed for continued restaurant operations, including:
Ohio D5 & D6 liquor licenses
Complete commercial kitchen equipment
Custom-built full-service bar
Commercial refrigeration
Cooking equipment
Hood and fire-suppression system
POS system
Dining tables and chairs
Bar seating
Patio furniture
Smallwares
Storage shelving
Business goodwill and operating assets
Significant Redevelopment Potential
What truly separates this property from a typical restaurant acquisition is the upper-level redevelopment opportunity.
The upper floors offer substantial potential for conversion into luxury apartments, boutique hotel rooms, executive offices, or short-term rental units, subject to buyer verification of zoning, building-code requirements, and municipal approvals.
This creates an opportunity for an investor or owner/operator to acquire an established restaurant and entertainment destination while potentially unlocking additional value and revenue from the upper portions of the building.
The offering also includes an additional building with flexible-use potential, providing even more possibilities for expansion, storage, complementary business uses, or future redevelopment.
Investment Highlights
Asking Price: $825,000
Business and real estate included
Established Downtown Lima restaurant and bar
Ohio D5 & D6 liquor licenses included
Approximately 8,983 SF of improvements
Approximately 7,212 SF restaurant
0.594± total acres
Two improved parcels
Fully equipped commercial kitchen
Custom full-service bar
Large outdoor patio
Furniture, fixtures and equipment included
Additional building with flexible-use potential
Upper-level apartment, boutique hotel, office or short-term rental potential
Turnkey restaurant operation
Established downtown destination
This is a unique opportunity for a restaurant operator, entrepreneur, developer, or real estate investor looking for a property where the existing business can provide an immediate operating platform while the real estate offers substantial long-term upside.
Additional financial information, equipment details, and property information are available to qualified buyers.
Located in the heart of Downtown Lima, the property includes approximately 8,983 square feet of improvements on 0.594 acres, with the restaurant occupying approximately 7,212 square feet. The sale includes the business, real estate, liquor licenses, furniture, fixtures, equipment, and operating assets, providing a new owner with the opportunity to step into a well-equipped restaurant and bar operation.
The restaurant features a professionally equipped commercial kitchen, commercial hood and fire-suppression system, extensive refrigeration, spacious dining areas, a custom-built full-service bar, customer restrooms, storage and prep areas, and an impressive outdoor patio.
Turnkey Restaurant & Bar
The sale includes substantially all of the infrastructure needed for continued restaurant operations, including:
Ohio D5 & D6 liquor licenses
Complete commercial kitchen equipment
Custom-built full-service bar
Commercial refrigeration
Cooking equipment
Hood and fire-suppression system
POS system
Dining tables and chairs
Bar seating
Patio furniture
Smallwares
Storage shelving
Business goodwill and operating assets
Significant Redevelopment Potential
What truly separates this property from a typical restaurant acquisition is the upper-level redevelopment opportunity.
The upper floors offer substantial potential for conversion into luxury apartments, boutique hotel rooms, executive offices, or short-term rental units, subject to buyer verification of zoning, building-code requirements, and municipal approvals.
This creates an opportunity for an investor or owner/operator to acquire an established restaurant and entertainment destination while potentially unlocking additional value and revenue from the upper portions of the building.
The offering also includes an additional building with flexible-use potential, providing even more possibilities for expansion, storage, complementary business uses, or future redevelopment.
Investment Highlights
Asking Price: $825,000
Business and real estate included
Established Downtown Lima restaurant and bar
Ohio D5 & D6 liquor licenses included
Approximately 8,983 SF of improvements
Approximately 7,212 SF restaurant
0.594± total acres
Two improved parcels
Fully equipped commercial kitchen
Custom full-service bar
Large outdoor patio
Furniture, fixtures and equipment included
Additional building with flexible-use potential
Upper-level apartment, boutique hotel, office or short-term rental potential
Turnkey restaurant operation
Established downtown destination
This is a unique opportunity for a restaurant operator, entrepreneur, developer, or real estate investor looking for a property where the existing business can provide an immediate operating platform while the real estate offers substantial long-term upside.
Additional financial information, equipment details, and property information are available to qualified buyers.
About the Property
- Type
- Retail
- Building Status
- Established
- Facilities & Assets
- The sale includes a comprehensive package of furniture, fixtures, equipment, and operating assets necessary to operate the existing restaurant and bar.
Assets include a professionally equipped commercial kitchen with cooking equipment, commercial refrigeration, hood and fire-suppression system, prep and storage equipment, and smallwares. The front-of-house assets include a custom-built full-service bar, POS system, bar seating, dining tables and chairs, patio furniture, storage shelving, and additional restaurant furnishings and fixtures.
*Ohio D5 & D6 liquor licenses.
The property is being offered as a turnkey restaurant and bar opportunity, allowing a new owner to acquire the existing operation with the major equipment, furnishings, and infrastructure already in place. Full asset list can be provided. - Location Description
- Located in the heart of Downtown Lima, Ohio, The Met occupies a prominent commercial property within the city’s downtown district. The location offers an established setting for a restaurant, bar, entertainment, or hospitality concept with the added advantage of significant real estate and redevelopment potential. Downtown location, outdoor patio, substantial restaurant space, and additional upper-level areas create opportunities beyond the existing operation.
- Current and Prior Use
- Restaurant Recently closed -
- Year Built
- 2012
About the Sale
- Furniture, Fixings and Equipment
- Included in Asking Price
- Financing
- Bank or cash deal -
Listing Info
- ID:
- 2543359
- Listing Views:
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Business Location
Listing ID: 2543359 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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