Listing Agency: eAgent Real Estate Corp. e***@gmail.com Show Phone

Listed By: Thomas A Weigel Jr. · License #2002006847 Show Phone

Source: Exprealty

Added: May 4, 2024 Changed: Aug 8 Last Checked: Aug 8 at 2:25PM

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Investment Insights

Based on property information with market context.

The Brothers Lounge, a Cleveland landmark since 1959, is available for purchase as a business opportunity. Located at 11609 Detroit Avenue in Cleveland, Ohio, the establishment has a long history as a music club, known for quality ethnic foods, jazz, and blues music. The Brothers Lounge has hosted national performers, and was a regular venue for American blues legend Robert Lockwood, Jr. from 1977 until 1990. In 2004, the current owner renovated the space, utilizing top-of-the-line materials, craftsmanship, and state-of-the-art sound and security technology, while preserving the club's original character. The building lease is $6000.00.

Key Highlights

• Established Cleveland landmark operating since 1959.
• Hosted legendary performers like BB King and Bonnie Raitt.
• Meticulously renovated with state‑of‑the‑art sound & security technology**, while preserving original character.

Property Analytics

Property Profile

Current Use

The Brothers Lounge Bar & Pub

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm Electrical Service Furniture & Home Goods Auto Parts Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

939

Businesses Nearby

Balanced

Demand for This Use

Explore this area Business Placement

Demographics for 44102, OH

43,347

Population

22,984

Households

1.9

Avg Household Size

35

Median Age

25%

College-Educated

80%

High-School Grad

6.1 sq mi

ZIP Area

7,106

Density / Sq Mi

$40,303

Median Household Income

$34,958

Median Earnings

$911

Median Rent

$99,300

Median Home Value

Market

Vacancy Rate% for Retail in Cleveland, OH

5.6% 2019

8.5% 2020

7.2% 2021

6.9% 2022

6.7% 2023

6.9% 2024

7.3% 2025

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Frequently Asked Questions

What type of property is this?

Bar & Pub - Established music club with a rich history and modern upgrades.

Where is this bar & pub located?

The property is located at 11609 Detroit Ave Cleveland, OH.

What is the asking price?

The asking price for this property is $350,000.

What are key features of this property?

This property features: Established Cleveland landmark operating since 1959.; Hosted legendary performers like BB King and Bonnie Raitt.; Meticulously renovated with state‑of‑the‑art sound & security technology**, while preserving original character.