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Furnished Mixed-Use Hospitality Property
New
For Sale
$1,300,000

2102 Freeman Avenue, Cleveland, OH 44113

Bar and entertainment space paired with two furnished studio short-term rental units and an equipped commercial kitchen.

Property Size2,200 SF
Days on Market4

Property Features for 2102 Freeman Avenue

General Information

Standard status Active
Size 2,200 SF
Property subtype Business

Restaurant

Patio Yes
Equipment Included Yes
Liquor License Yes

Additional Details

Furnished Yes
Business Included Yes

Taxes and HOA fees

Annual Taxes $7,908

Amenities

neon signage
sound system
security cameras
seating
high-top tables
planters
patio heaters

Building Details

Building Size 2,200 SF
Year Built 1890
Listing Agency: The Agency Cleveland Northcoast
Listed By: Robert Oriti · License #2017000121
Source: Asacoxhomes
Added: Sep 8 Changed: Sep 9 Last Checked: Sep 11 at 4:16AM

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 Agency Cleveland Northcoast

Investment Insights

Based on property information with market context.

Built in 1890, this mixed-use property combines a fully outfitted bar and entertainment area with two furnished studio short-term rental units. The bar includes a custom back bar, marble bar top, banquette seating, vintage upholstered chairs, cocktail tables, custom lighting, artwork, neon signage, a sound system, and security cameras. The commercial kitchen features a convection oven, induction burners, coolers, a bar cooler, prep and mop sinks, a three-compartment sink, ice bins, and an ice machine.

Both studio units include kitchen appliances, cookware, beds, linens, towels, televisions, and laundry equipment. Outdoor improvements include seating, high-top tables, planters, and patio heaters. The liquor license, FF&E, technology, and operating inventory are included in the asset purchase.

Key Highlights

  • Two furnished studio short‑term rental units
  • Bar and entertainment area with custom back bar and marble bar top
  • Commercial kitchen with convection oven, induction burners, coolers, and ice machine

Property Analytics

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Current Use

The Duck Island Club Bar & Pub

Suggested Use

Top Pick Electrical Service (Bike/Boat/Book/etc) Store Locksmith Nursing Home Tanning Salon Computer & Electronic Repair

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
Liquor license

Location Intelligence

Trade Area within ½ mile

1,575
Businesses Nearby

Demographics for 44113, OH

20,291
Population
12,554
Households
1.6
Avg Household Size
33
Median Age
54%
College-Educated
89%
High-School Grad
3.8 sq mi
ZIP Area
5,340
Density / Sq Mi
$70,140
Median Household Income
$61,204
Median Earnings
$1,374
Median Rent
$295,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Bar and entertainment space paired with two furnished studio short-term rental units and an equipped commercial kitchen.
Where is this mixed-use property located?
The property is located at 2102 Freeman Avenue Cleveland, OH.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: Two furnished studio short‑term rental units; Bar and entertainment area with custom back bar and marble bar top; Commercial kitchen with convection oven, induction burners, coolers, and ice machine
More about this property
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