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All-Brick Retail Building with Cigar Bar

524 E 200th Street Euclid, OH 44119

524 E 200th Street, Euclid, OH, 44119
$199,999
For Sale
Claim this Listing
$199,999

SINGLE_FAMILY - Euclid, OH

Property Size1,700 SF
Lot Size0.09 Acres
Price / SF$117.65
AddedApr 14
Days on Market94
Last RefreshJul 16 at 2:06 pm

Property Features for 524 E 200th Street

General Information

Property type
Residential
Property subtype
Retail
Rooms
Basement
Parking
3
Standard status
Active
APN
641-15-019
Lot size
0.09 Acres

Taxes and HOA fees

Tax Year
2025
Tax Description
17-17 MONTHTSRES 0016 ALL
Tax Annual Amount
2224

Utilities

Sewer type
Public Sewer
Heating system
Forced Air
Cooling system
Ceiling Fan(s), Central Air, Window Unit(s)
Water source
Public

Building Details

Year built
1926
Number of units
1

Listing agent Jermaine N Brooks License #2014001709

Listing office Keller Williams Greater Metropolitan 29225 Chagrin Boulevard #105, Cleveland, OH

Listing date Apr 14, 2026

MLS# 5201126

Copyright © 2026 MLS Now. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

A well-maintained all-brick retail building with approximately 1,700+ square feet, currently fully occupied by a Cigar Bar. The property is presented as a turnkey, income-producing asset and is being sold as-is, including equipment, TVs, and existing amenities. Reported updates include electrical, HVAC, and plumbing systems.

Located at 524 E. 200th Street in Euclid, Ohio, the building is positioned along a highly traveled corridor with strong visibility and frontage. Parking is available both at the rear and along the street for convenient customer access.

Key Highlights

  • Approximately 1,700+ sq ft all‑brick retail building located on E. 200th Street.
  • Currently fully occupied by a Cigar Bar, providing income with an established tenant in place.
  • Updated electrical, HVAC, and plumbing systems reported for the property.

Local Financial Insights For Retail

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $25.5k $15.00
− Vacancy −$2.3k −$1.35
EGI $23.2k $13.65
− OpEx −$7.0k −$4.10
NOI $16.2k $9.56
1,700 SF · lease $15.00/SF/yr · vacancy 9.00% · expense 30.00%

Alternative Uses

Best Use
Specialty Retail
$265.7K
$232.5K – $310.0K (±1% cap)
NOI $18,597 @ 7.0% cap · market cap 9.30%
Second Best
Retail
$232.0K
$203.0K – $270.7K (±1% cap)
NOI $16,243 @ 7.0% cap · market cap 8.12%
Theoretical Best
Warehouse
$1.36M
$1.19M – $1.59M (±1% cap)
NOI $95,348 @ 7.0% cap · market cap 47.67%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Bars & Pubs

Suggested Use

Real Estate Agency Dental Office Law Firm Cafe & Coffee Shop Parking Lot & Garage (Bike/Boat/Book/etc) Store Electrical Service Skin Care Clinic HVAC Service (Bike/Boat/Book/etc) Store

Zoning and permitted uses should be independently verified with local authorities.

Similar Off Market Nearby

  • The Executive's Den — 19600 S Waterloo Rd #3252, Cleveland, OH 44119
  • Gintaras Restaurant & Lounge — 877 E 185th St, Cleveland, OH 44119
  • McBill Beverage — Mcbills Beverage, 1015 E 185th St, Cleveland, OH 44119
  • Muldoon's Saloon & Eatery — 1020 E 185th St, Cleveland, OH 44119
  • Midway Bar & Grille — 20670 Lakeland Blvd, Cleveland, OH 44119

FAQs

What type of property is this?
Bar & Pub - Fully occupied all-brick retail building on E. 200th Street with rear and street parking, sold as-is.
Where is this bar & pub located?
The property is located at 524 E 200th Street Euclid, OH.
What is the asking price?
The asking price for this property is $199,999.
What are key features of this property?
This property features: Approximately 1,700+ sq ft all‑brick retail building located on E. 200th Street.; Currently fully occupied by a Cigar Bar, providing income with an established tenant in place.; Updated electrical, HVAC, and plumbing systems reported for the property.
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