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Turn-Key Bar and Restaurant Building
For Sale
Contact for pricing
Pending

6021 Memphis Avenue, Cleveland, OH 44144

Bar and restaurant property includes three parcels, a 7-day liquor license, two bars, and updated kitchen, security, and fire systems.

Property SizeContact for details
Days on Market143

Property Features for 6021 Memphis Avenue

General Information

Standard status Pending
Total Parking Spaces 42
Property subtype Special Purpose

Additional Details

Furnished Yes
Business Included Yes
Sprinkler System Yes
Liquor License Yes
Listing Agency: Coldwell Banker Commercial Schmidt Realty North Ridgeville
Listed By: Scott McMillen · License #OH
Source: Crexi
Added: Apr 11 Changed: Aug 17 Last Checked: Aug 31 at 3:14AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Commercial Schmidt Realty North Ridgeville

Investment Insights

Based on property information with market context.

This Memphis Avenue bar and restaurant building includes three parcels and a 7-day liquor license, along with the successful bar/restaurant business. The interior features two separate bars, three bathrooms (including one private bath), and a private office. Foodservice improvements include a full kitchen with updated equipment, updated kitchen appliances, a 12x12 walk-in cooler, and a 6x10 walk-in freezer. Recent updates also include new TVs throughout, a newly updated bar setup with a granite bar top, and updated bar/restaurant furnishings and equipment.

Ample parking is provided for approximately 36–42 vehicles. The property also has roof improvements dated 2014 and includes monitored, wired security camera systems and a security alarm. Fire suppression systems and fire safety equipment are updated and certified.

The seller notes the business does over $200,000 on books and is being offered turn-key, with tables, chairs, bar stools, cooking equipment, and additional items staying with the sale.

Key Highlights

  • Memphis Main Street building on three parcels, plus a 7‑day liquor license
  • Bar/restaurant business includes all furniture and equipment staying with the sale
  • Two separate bars with a full kitchen setup and updated kitchen appliances

Property Analytics

Current Use

Lucky's Bar & Grill Bar & Pub

Suggested Use

Top Pick Real Estate Agency Law Firm Skin Care Clinic Computer & Electronic Repair Pharmacy Cafe & Coffee Shop

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

Lease Details

Turnkey business
Opportunity
Yes
Sprinkler system
Yes
Liquor license

Location Intelligence

Trade Area within ½ mile

487
Businesses Nearby
Balanced
Demand for This Use

Demographics for 44144, OH

21,361
Population
9,994
Households
2.1
Avg Household Size
42
Median Age
20%
College-Educated
88%
High-School Grad
5.5 sq mi
ZIP Area
3,884
Density / Sq Mi
$59,775
Median Household Income
$37,318
Median Earnings
$923
Median Rent
$138,000
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
Rey
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Similar Off Market Nearby

  • Tavern On Biddulph 7104 Biddulph Rd, Brooklyn, OH 44144
  • Brooklyn Pub 6900 Biddulph Rd, Cleveland, OH 44144
  • McG's Pub And Grub 6815 Memphis Ave, Cleveland, OH 44144
  • Lucky's Bar & Grill 6021 Memphis Ave, Cleveland, OH 44144
  • Dina's Pizza & Pub 5701 Memphis Ave, Cleveland, OH 44144

Frequently Asked Questions

What type of property is this?
Bar & Pub - Bar and restaurant property includes three parcels, a 7-day liquor license, two bars, and updated kitchen, security, and fire systems.
Where is this bar & pub located?
The property is located at 6021 Memphis Avenue Cleveland, OH.
What are key features of this property?
This property features: Memphis Main Street building on three parcels, plus a 7‑day liquor license; Bar/restaurant business includes all furniture and equipment staying with the sale; Two separate bars with a full kitchen setup and updated kitchen appliances
More about this property
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