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Bar Property With Apartments
For Sale
Contact for pricing
Pending

14915 Puritas Ave, Cleveland, OH 44135

Corner tavern property with off-street parking and Sunday liquor privileges.

Property SizeContact for details
Days on Market142

Property Features for 14915 Puritas Ave

General Information

Standard status Pending
Property subtype Retail, Mixed Use

Financials

Average Monthly Rent $450
Business Included Yes

Additional Details

Multifamily Units 2
Listing Agency: The Holton-Wise Property Group
Listed By: Baigio Savarino · License #OH 0000387677
Source: Crexi
Added: Apr 11 Changed: Aug 29 Last Checked: Aug 29 at 3:23PM

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 The Holton-Wise Property Group

Investment Insights

Based on property information with market context.

This bar property combines an established tavern operation with two upstairs apartments. The current ownership has operated the tavern for nearly 40 years, and the seller is willing to remain involved to train the next owner. The building and business are offered together, with the possibility of separating them under consideration.

Situated at 14915 Puritas Ave in Cleveland, the property occupies a corner location with off-street parking. The apartment units provide an additional component to the asset, while the existing tavern configuration supports continued bar use. The seller is retiring, creating an ownership transition opportunity for a buyer seeking an operating bar property with residential units above.

Key Highlights

  • Established tavern operated by the same owners for nearly 40 years
  • Two upstairs apartments included in the property
  • Sunday liquor privileges

Property Analytics

Current Use

Lex's Pub Bar & Pub

Suggested Use

Top Pick Law Firm Real Estate Agency Spa & Massage Center Nail Salon Restaurant Skin Care Clinic

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

2
Residential units
Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

517
Businesses Nearby
Under-served
Demand for This Use

Demographics for 44135, OH

26,684
Population
12,035
Households
2.2
Avg Household Size
39
Median Age
18%
College-Educated
84%
High-School Grad
10.2 sq mi
ZIP Area
2,616
Density / Sq Mi
$48,930
Median Household Income
$36,444
Median Earnings
$935
Median Rent
$119,100
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

  • Weber's Tavern 15629 Puritas Ave, Cleveland, OH 44135
  • Lex's Pub 14915 Puritas Ave, Cleveland, OH 44135
  • Neighbors Bar and Grill 15024 Puritas Ave, Cleveland, OH 44135
  • Night Owl Bar 14212 st james ave, cleveland, oh 44135

Frequently Asked Questions

What type of property is this?
Bar & Pub - Corner tavern property with off-street parking and Sunday liquor privileges.
Where is this bar & pub located?
The property is located at 14915 Puritas Ave Cleveland, OH.
What are key features of this property?
This property features: Established tavern operated by the same owners for nearly 40 years; Two upstairs apartments included in the property; Sunday liquor privileges
More about this property
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