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Former Brewery with Bar/Event Space

3135 Sackett Avenue Cleveland, OH 44109

3135 Sackett Avenue, Cleveland, OH, 44109
$685,000
For Sale
Claim this Listing
$685,000

10,662 SF property near Ohio City, Tremont, and downtown.

Property Size10,662 SF
Lot Size0.60 Acres
Price / SF$64.25
AddedApr 15
Days on Market93
Last RefreshJul 15 at 1:17 am

Property Features for 3135 Sackett Avenue

General Information

Standard status
Active
Size
10,662 SF
Lot size
0.60 Acres
Property subtype
Industrial

Properties For Sale

at 3135 Sackett Avenue Contact us

Listing office CBRE | Cleveland

Listing date Apr 15, 2026

Source Cbre

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 CBRE | Cleveland


Investment Insights

Based on property information with market context.

This 10,662 square foot property, formerly a brewery, features a bar and event center. Situated on a 0.60-acre parcel (269’ x 97’), the property, identified by parcel number 015-10-189, is partially built-out as a high-end design bar and tasting room, complemented by warehouse and production space. A large outdoor area provides space for a patio. The parking lot accommodates approximately 16 spaces. The property is located minutes from Ohio City, Tremont, and downtown Cleveland, and is within walking distance of Metro Hospital's billion-dollar redevelopment. Located in an Opportunity Zone, the site benefits from a dense population of 137,775 people within a 3-mile radius. The existing building and site offer endless possibilities for redevelopment.

Key Highlights

  • High‑end design bar/tasting room with warehouse/production space and large outdoor patio.
  • Located minutes from Ohio City, Tremont, and downtown Cleveland.
  • Walking distance to Metro Hospital billion dollar redevelopment.

Local Financial Insights For Warehouse

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 $65.3k $6.12
− Vacancy −$2.7k −$0.25
EGI $62.6k $5.87
− OpEx −$9.4k −$0.88
NOI $53.2k $4.99
10,662 SF · lease $6.12/SF/yr · vacancy 4.10% · expense 15.00%

Alternative Uses

Best Use
Specialty Retail
$1.91M
$1.67M – $2.23M (±1% cap)
NOI $133,861 @ 7.0% cap · market cap 19.54%
Second Best
Warehouse
$759.9K
$664.9K – $886.5K (±1% cap)
NOI $53,190 @ 7.0% cap · market cap 7.76%
Theoretical Best
Office A
$2.60M
$2.28M – $3.04M (±1% cap)
NOI $182,131 @ 7.0% cap · market cap 26.59%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Breweries

Suggested Use

Real Estate Agency Law Firm Gym & Fitness Center (Bike/Boat/Book/etc) Store Electrical Service Accounting Firm Travel Agency Florist Acupuncture Nursing Home

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

FAQs

What type of property is this?
Brewery - 10,662 SF property near Ohio City, Tremont, and downtown.
Where is this brewery located?
The property is located at 3135 Sackett Avenue Cleveland, OH.
What is the asking price?
The asking price for this property is $685,000.
What are key features of this property?
This property features: High‑end design bar/tasting room with warehouse/production space and large outdoor patio.; Located minutes from Ohio City, Tremont, and downtown Cleveland.; Walking distance to Metro Hospital billion dollar redevelopment.
Contact an agent
More about this property
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