Advertise
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search

    2222 St Clair Ave NE, Cleveland, OH 44114

    View on Map
    Claim this Listing
    For Sale
    Contact for pricing

    Bars & Pubs

    Type:Retail
    Property size:
    7,218 SF
    Price / SF:
    $166/SF
    Added:
    Jun 15, 2024
    Days on Market:
    754
    Last Refresh:
    Jul 2 at 8:21 am

    Property Features for 2222 St Clair Ave NE

    General Information

    Standard status
    Active
    Size
    7,218 SF
    Property subtype
    Retail

    Building Details

    Year Built
    1986

    We can help!

    Contact an agent
    John Wagner
    John Wagner

    Listing office Green Bridge Real Estate

    Listing date Jun 15, 2024

    Source Crexi

    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 Green Bridge Real Estate

    HighLights

    • Turn‑key operation for immediate cash flow.
    • D5 and D6 liquor licenses available.
    • Fully equipped kitchen with hood.
    • Bar equipment, furniture, and fixtures included.
    • Light and sound systems in place.
    • Outside decks and fenced‑in parking.

    Local Financial Insights For Specialty 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 $129.9k $18.00
    − Vacancy −$9.1k −$1.26
    EGI $120.8k $16.74
    − OpEx −$30.2k −$4.19
    NOI $90.6k $12.56
    7,218 SF · lease $18.00/SF/yr · vacancy 7.00% · expense 25.00%

    Alternative Uses

    Best Use
    Specialty Retail
    $1.29M
    $1.13M – $1.51M (±1% cap)
    NOI $90,622 @ 7.0% cap · market cap 7.55%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $1.76M
    $1.54M – $2.06M (±1% cap)
    NOI $123,300 @ 7.0% cap · market cap 10.27%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Isalis (Bike/Boat/Book/etc) Store Party City Party Supply Store Skunk Funk Big Box & Wholesale Store Carl's Trading Co Hat Shop Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store

    Suggested Use

    (Bike/Boat/Book/etc) Store Home Appliance Store Plumbing Service Acupuncture (Bike/Boat/Book/etc) Store Nursing Home Mobile Phone Store (Bike/Boat/Book/etc) Store Tanning Salon (Bike/Boat/Book/etc) Store

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • Jake's Lounge — 127 public square, (driveway entrance on, 1360 w mall dr, cleveland, oh 44114
    • House of Creole — 668 Euclid Ave Unit 2, Cleveland, OH 44114
    • Captiv8 Event Space — 2049 E 8th St, Cleveland, OH 44115
    • Butcher and the Brewer — 2043 E 4th St, Cleveland, OH 44115
    • Pizza (216) — 401 Euclid Ave, Cleveland, OH 44114

    Location Insight

    • Map
    • Local Demand
    City
    Cleveland
    County
    Cuyahoga
    State
    Ohio
    Longitude
    -81.6771
    Latitude
    41.5129

    Nearby Similar for Sale

    • $1,800,000

      All-Brick Freestanding Office Building

      Freestanding, all-brick office building with elevators and loading docks, suited for mixed-use redevelopment in Cleveland.
      3167 Fulton Road, Cleveland, OH 44109
      View Details
    • $299,900
      4,000 SF

      Turnkey Retail Building in Cleveland

      Income-producing retail building with barbershop and salon in Old Brooklyn.
      4491-4493 Pearl Road, Cleveland, OH 44109
      View Details
    • $800,000
      16,560 SF

      Asian Town Mixed-Use Assemblage

      Two buildings, parking lot, and vacant land in Cleveland.
      3610-3620 Superior Avenue, Cleveland, OH 44114
      View Details
    • $395,000
      5,230 SF

      Renovated Three-Unit Multifamily

      Fully renovated three-unit building with occupied units, modern systems, and included adjacent parking lot parcel.
      4438 Pearl Road, Cleveland, OH 44109
      View Details
    • $475,000
      6,000 SF

      Daycare Facility in Cleveland, OH

      Commercial building with established daycare business for sale.
      620 E 185th Street, Cleveland, OH 44119
      View Details
    • $315,000

      Mixed-Use Office and Residential Property

      Two fully renovated buildings offer multi-tenant office space plus a flexible residence-office configuration.
      18515 Underwood Avenue, Cleveland, OH 44119
      View Details
    • $425,000

      Turnkey Bar and Restaurant with Banquet Hall

      Turnkey bar and restaurant with a full-service kitchen, private 20-space parking, and a lower-floor banquet hall for events.
      3614 E 65th Street, Cleveland, OH 44105
      View Details
    • $275,000
      2,000 SF

      Retail Store with Brick Front

      2,000 SF retail store with modern amenities and parking.
      4873 Broadview Road, Cleveland, OH 44109
      View Details
    • $295,000
      2,898 SF

      Turnkey Remodeled Duplex

      Fully remodeled duplex with one leased unit and one vacant unit, updated systems and finishes for low-maintenance ownership.
      4025 Henritze Avenue, Cleveland, OH 44109
      View Details
    • $450,000

      Street-Level Commercial Condo with Display Window

      Versatile street-level commercial condo with ADA access and a prominent display window for retail or client-facing professional use.
      1148 Prospect Avenue E, Cleveland, OH 44115
      View Details
    • $219,900
      2,798 SF

      Turnkey Triplex in South Collinwood

      Turnkey triplex with immediate cash flow and long-term potential.
      1051 E 171st Street, Cleveland, OH 44119
      View Details
    • $400,000

      Turnkey Restaurant with Living Space

      Remodeled restaurant/bar/coffee shop with finished upper-level living, offering a ready setup for hospitality concepts.
      3038 Scranton Road, Cleveland, OH 44113
      View Details

    FAQs

    Where is this bar & pub located?
    The property is located at 2222 St Clair Ave NE Cleveland, OH.
    What is the asking price?
    The asking price for this property is $1,200,000.
    What are key features of this property?
    This property features: Turn‑key operation for immediate cash flow.; D5 and D6 liquor licenses available.; Fully equipped kitchen with hood.
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing John Wagner
    John Wagner
    Real Estate License ID: BRK 2010003646
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    2222 St Clair Ave NE, Cleveland, OH 44114
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!