Bar and Restaurant with Dance
For Sale
$1,577,527
1111 Niles Cortland Road NE, Howland, OH 44484
CommercialSale, Howland, OH
Property Size6,600 SF
Lot Size0.92 Acres
Price / SF$239.02
Days on Market47
Property Features for 1111 Niles Cortland Road NE
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
Business
Rooms
Basement
Parking features
Parking Lot
Security features
Security
Patio and Porch features
Patio
Subdivision
Venice Heights
Elementary school district
Howland LSD - 7808
Middle school district
Howland LSD - 7808
High school district
Howland LSD - 7808
Directions
State Route 46 and Anderson Ave
Standard status
Active
APN
28-363306
Lot size
0.92 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
1 105F.483A VEN HTS NILES ASHT RD
Tax Annual Amount
11046
Legal Description
1 105F.483A VEN HTS NILES ASHT RD
Utilities
Sewer type
Public Sewer
Heating system
Natural Gas, Forced Air
Cooling system
Central Air
Water source
Public
Amenities
large deck
outdoor bar
sand volleyball court
bocce court
three-bedroom apartment
garage
full basement
additional storage
Building Details
Year built
1900
Floors in Building
2
Roof type
Asphalt, Fiberglass
Listing Agency:
Keller Williams Chervenic Rlty · Keller Williams Realty
(330) 967-4300
Listed By:
J. B. Spencer · License #389430
(330) 219-8020
Added: Sep 16
Changed: Oct 24
Last Checked: Nov 1 at 2:06PM
MLS# 5244829
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.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Leon's Sports Bar & Grill is a bar and restaurant with a dance floor, live entertainment space, and facilities for private gatherings. The property also includes an outdoor deck, bar, sand volleyball court, and bocce court. A three-bedroom apartment, garage, full basement, and additional storage are part of the property. The sale includes equipment, fixtures, inventory, and a liquor license.
The 0.92-acre property is on Niles-Cortland Road NE in Howland, Ohio. The road carries approximately 16,500 vehicles daily, and the site has approximately 75 parking spaces.
The 0.92-acre property is on Niles-Cortland Road NE in Howland, Ohio. The road carries approximately 16,500 vehicles daily, and the site has approximately 75 parking spaces.
Key Highlights
- 0.92‑acre property on Niles‑Cortland Road NE
- Approximately 16,500 vehicles pass daily
- Approximately 75 parking spaces
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$71,132
Cap Rate
4.51%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,422,640
$1.4M
Cap Rate 7%
$1,016,171
$1.0M
Cap Rate 9%
$790,356
$790.4K
Market Conditions
NOI Build-Up for 6,600 SF
Gross rent
$99.0K $15.00/SF
− Vacancy
−$4.2K −$0.63/SF
EGI
$94.8K $14.37/SF
− OpEx
−$23.7K −$3.59/SF
NOI
$71.1K $10.78/SF
Area
Trumbull County, OH
Vacancy
4.20%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,422,640
Cap Rate 7%
$1,016,171
Cap Rate 9%
$790,356
Alternative Uses
Best Use
Specialty Retail
$1.02M
$889.2K – $1.19M
NOI $71,132 @ 7.0% cap · market cap 4.51%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.25M
$1.10M – $1.46M
NOI $87,690 @ 7.0% cap · market cap 5.56%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
16,500 VPD
Traffic count
Turnkey business
Opportunity
Yes
Paved road access
Yes
Liquor license
Location Intelligence
Trade Area within ½ mile
167
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 44484, OH
22,290
Population
9,929
Households
2.2
Avg Household Size
46
Median Age
26%
College-Educated
93%
High-School Grad
17.9 sq mi
ZIP Area
1,245
Density / Sq Mi
$65,435
Median Household Income
$42,490
Median Earnings
$840
Median Rent
$166,100
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Midwest region
Similar Off Market Nearby
- Leon's Sports Bar & Grill — 1111 Niles Cortland Rd NE, Warren, OH 44484
Frequently Asked Questions
What type of property is this?
Bar & Pub - The sale includes equipment, fixtures, inventory, and a liquor license, along with residential and storage space.
Where is this bar & pub located?
The property is located at 1111 Niles Cortland Road NE Howland, OH.
What is the asking price?
The asking price for this property is $1,577,527.
What are key features of this property?
This property features: 0.92‑acre property on Niles‑Cortland Road NE; Approximately 16,500 vehicles pass daily; Approximately 75 parking spaces
