4629 130th St Cleveland, OH 44135-3667
- Turn key restaurants
- 2,400 SF
- 0.26 lot acres
Oct 29, 2021
Current Use by Public Records
- Meet and Greet Bar & Grill / Bar & Grill / Bar
Property Details for 4629 130th St
- Year built
- 1952
- Construction
- WOOD
- Lot size
- 0.26 lot acres
- Property size
- 2,400 SF
- Zone code
- GR
- Property type
- Turn key restaurants
- APN
- 020-12-015
- APU
- 2012015
Description
This exceptional opportunity presents a fully operational bar and grill, previously operating as the Meet and Greet Bar and Grill, available for purchase at $350,000. The sale includes all necessary licenses for liquor and food service, allowing for extended sales on the enclosed patio, carryout, liquor service until 2 AM, and Sunday sales. All equipment is included in the sale, representing a true turnkey operation. Features include 8-10 televisions, a pool table, and an initial liquor inventory. The property boasts new flooring (installed recently), a 2021 furnace, and a 2020 hot water tank. Security is provided by an ADT system with cameras. The kitchen is fully equipped with a gas stove, commercial deep fryer, ample food preparation and storage space, a freezer, refrigerator, ice maker, and chest cooler. The bar area includes bar seating, a dance floor, and private seating areas. Customer restrooms have been updated, and there is a separate office with a private bath. The property also features a convenient open foyer area suitable for a hostess or security station. A jukebox and speaker system are currently under a monthly contract, which the new owner may choose to continue or terminate. The 0.26-acre lot provides ample parking at the side and rear of the building. This well-established business enjoys a prime location, close to the site of the new Browns stadium, offering significant growth potential.
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $95,000
- ML approach
- $85,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $107,000
Market price range: $95.4k - $310k
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Location Insight
- Map
- Local Demand
- City
- Cleveland
- County
- Cuyahoga
- State
- Ohio
- Longitude
- -81.7797
- Latitude
- 41.4281
- CBSA code
- 17460
- CBSA name
- CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN STATISTICAL AREA