Retail Storefront with Liquor
2218 Broadview Rd Cleveland, OH 44109
For Sale
Contact for pricing
For sale retail storefront with current liquor license availability.
Property Size5,173 SF
Price / SF$131.45
Days on Market156
Property Features for 2218 Broadview Rd
General Information
Standard status
Active
Size
5,173 SF
Property subtype
RETAIL
Listing Agency:
Hanna Commercial Real Estate | Cleveland
(330) 958-7291
Listed By:
John Lubinski · License #2019006622
(330) 958-7291
Source:
Moodyscre
Added: Feb 23
Changed: Jul 28
Last Checked: Jul 28 at 9:42AM
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 Hanna Commercial Real Estate | Cleveland
Investment Insights
Based on property information with market context.
This for-sale retail storefront property is offered with a current liquor license available, supporting uses that require alcohol service. The offering is categorized as storefront/retail space, sized at 5,173 square feet.
The property is located at 2218 Broadview Rd in Cleveland, Ohio 44109. Its commercial configuration is presented as a retail storefront space, and the availability of the liquor license is a primary component of the transaction.
For details on the license availability and how it may apply to an operator’s intended use, prospective buyers should review the offering materials and coordinate directly for next steps.
The property is located at 2218 Broadview Rd in Cleveland, Ohio 44109. Its commercial configuration is presented as a retail storefront space, and the availability of the liquor license is a primary component of the transaction.
For details on the license availability and how it may apply to an operator’s intended use, prospective buyers should review the offering materials and coordinate directly for next steps.
Key Highlights
- Retail storefront for sale with current liquor license availability
Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $77.6k | $15.00 |
| − Vacancy | −$6.6k | −$1.28 |
| EGI | $71.0k | $13.73 |
| − OpEx | −$21.3k | −$4.12 |
| NOI | $49.7k | $9.61 |
5,173 SF · lease $15.00/SF/yr · vacancy 8.50% · expense 30.00%
Alternative Uses
Best Use
Retail
$710.0K
$621.3K – $828.3K
NOI $49,700 @ 7.0% cap · market cap 7.31%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.26M
$1.10M – $1.47M
NOI $88,366 @ 7.0% cap · market cap 13.00%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Similar Off Market Nearby
- Busch Flower Shop — 4334 Pearl Rd, Cleveland, OH 44109
Frequently Asked Questions
What type of property is this?
Storefront property - For sale retail storefront with current liquor license availability.
Where is this storefront property located?
The property is located at 2218 Broadview Rd Cleveland, OH.
What is the asking price?
The asking price for this property is $680,000.
What are key features of this property?
This property features: Retail storefront for sale with current liquor license availability
