For Sale
Contact for pricing
2222 St Clair Ave NE, Cleveland, OH 44114
Bars & Pubs
Property Size7,218 SF
Price / SF$166.25
Days on Market853
Property Features for 2222 St Clair Ave NE
General Information
Standard status
Active
Size
7,218 SF
Class
B
Property subtype
Retail
Zoning
SI-6
Building Details
Year Built
1986
Buildings
1
Stories
1
Tenancy
Single
Listing Agency:
Green Bridge Real Estate
Listed By:
John Wagner · License #BRK 2010003646
(216) 469-0030
Source:
Crexi
Added: Jun 15, 2024
Changed: Oct 1
Last Checked: Oct 14 at 11:17PM
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
Investment Insights
Based on property information with market context.
Key Highlights
- Turn‑key operation for immediate cash flow.
- D5 and D6 liquor licenses available.
- Fully equipped kitchen with hood.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$90,622
Cap Rate
7.55%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,812,440
$1.8M
Cap Rate 7%
$1,294,600
$1.3M
Cap Rate 9%
$1,006,911
$1.0M
Market Conditions
NOI Build-Up for 7,218 SF
Gross rent
$129.9K $18.00/SF
− Vacancy
−$9.1K −$1.26/SF
EGI
$120.8K $16.74/SF
− OpEx
−$30.2K −$4.19/SF
NOI
$90.6K $12.56/SF
Area
Cleveland, OH
Vacancy
7.00%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,812,440
Cap Rate 7%
$1,294,600
Cap Rate 9%
$1,006,911
Alternative Uses
Best Use
Specialty Retail
$1.29M
$1.13M – $1.51M
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
NOI $123,300 @ 7.0% cap · market cap 10.27%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,718
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 44114, OH
7,622
Population
5,151
Households
1.5
Avg Household Size
32
Median Age
47%
College-Educated
85%
High-School Grad
3.0 sq mi
ZIP Area
2,541
Density / Sq Mi
$45,400
Median Household Income
$39,915
Median Earnings
$1,296
Median Rent
$112,900
Median Home Value
Market
Vacancy Rate% for Retail in Cleveland, OH
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Sausalito on Ninth — 1360 E 9th St suite 125, Cleveland, OH 44114
- Club and Resort Chef — 1111 Superior Ave 26th Floor, Cleveland, OH 44103
- Crazy Horse Cleveland — 1438 St Clair Ave NE, Cleveland, OH 44114
- Power Cabaret; Black Entertainment District — 1438 St Clair Ave NE, Cleveland, OH 44114
- Moe's Tavern — 1740 E 17th St, Cleveland, OH 44114
Frequently Asked Questions
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.
