Former Brewery, Bar, Event
For Sale
Contact for pricing
3135 Sackett Avenue, Cleveland, OH 44109
10,662 SF former brewery, bar, and event center for sale.
Property Size10,662 SF
Price / SF$0.00
Days on Market333
Property Features for 3135 Sackett Avenue
General Information
Standard status
Active
Size
10,662 SF
Property subtype
Industrial
Site & Location
Neighborhood
Clark-Fulton
Listing Agency:
CBRE | Cleveland
Listed By:
Joseph W. Khouri · License #2008000837
(216) 658-6120
Source:
Cbre
Added: Nov 24, 2025
Changed: Oct 21
Last Checked: Oct 23 at 4:05AM
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
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
The property is a 10,662 square foot former brewery, bar, and event center available for sale. The sale includes all of the brewing FF&E. Situated on a 0.60-acre parcel (269’ x 97’), the property is partially built-out as a high-end design bar/tasting room with warehouse/production space and a large outdoor area suitable for a patio. The site includes an approximate 16-space parking lot. Located minutes from Ohio City, Tremont, and downtown Cleveland, it is also within walking distance of Metro Hospital's billion-dollar redevelopment. The property is located in an Opportunity Zone. The surrounding area has a dense population of 138,044 people within a 3-mile radius, offering endless possibilities for the existing building/site or redevelopment.
Key Highlights
- Includes all brewing FF&E at $93 per foot.
- 10,662 SF former brewery, bar, and event center with partially built‑out high‑end design bar/tasting room and warehouse/production space.
- Large outdoor area for patio.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$43,803
Suggested Prices Based on Cap Rates
Cap Rate 5%
$876,060
$876.1K
Cap Rate 7%
$625,757
$625.8K
Cap Rate 9%
$486,700
$486.7K
Market Conditions
NOI Build-Up for 10,662 SF
Gross rent
$65.3K $6.12/SF
− Vacancy
−$2.7K −$0.25/SF
EGI
$62.6K $5.87/SF
− OpEx
−$18.8K −$1.76/SF
NOI
$43.8K $4.11/SF
Area
Cleveland, OH
Vacancy
4.10%
Lease Rate
$6.12 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$876,060
Cap Rate 7%
$625,757
Cap Rate 9%
$486,700
Alternative Uses
Best Use
Specialty Retail
$1.91M
$1.67M – $2.23M
NOI $133,861 @ 7.0% cap · market cap 1,673,262.50%
Second Best
Retail
$1.46M
$1.28M – $1.71M
NOI $102,435 @ 7.0% cap · market cap 1,280,437.50%
Theoretical Best
Office A
$2.60M
$2.28M – $3.04M
NOI $182,131 @ 7.0% cap · market cap 2,276,637.50%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
2,418
Businesses Nearby
Explore this area
Business Placement
Demographics for 44109, OH
39,121
Population
19,588
Households
2
Avg Household Size
36
Median Age
17%
College-Educated
81%
High-School Grad
7.1 sq mi
ZIP Area
5,510
Density / Sq Mi
$43,130
Median Household Income
$34,050
Median Earnings
$861
Median Rent
$112,700
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in Cleveland, OH
Frequently Asked Questions
What type of property is this?
Brewery - 10,662 SF former brewery, bar, and event center for sale.
Where is this brewery located?
The property is located at 3135 Sackett Avenue Cleveland, OH.
What are key features of this property?
This property features: Includes all brewing FF&E at $93 per foot.; 10,662 SF former brewery, bar, and event center with partially built‑out high‑end design bar/tasting room and warehouse/production space.; Large outdoor area for patio.
