Property summary
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.
Property profile
VerifiedCap rate & NOI
Current use
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Bar & Pub Restaurant
Value estimations
Owner & transaction history
Zoning & alternative use
Zoning District: GR-C2 Current Use: Vacant T otal Structure Sqft: 3772.5 SITE DATA TABLE 100’ 90’ 30’ 20’ 8’ 5’ 45’ 50’ 69’ 60’ 5’ 7’6”75’ 8’ 86’7’6” 20’ 7’6” 52’6”’ 20’ 10’ 15’ 9’17’ 9’17’ 9’17’ 9’17’ 24’ 30’ 40’ 48’ 12…
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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Cap rate
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Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
GR · Cleveland, OHZoning District: GR-C2 Current Use: Vacant T otal Structure Sqft: 3772.5 SITE DATA TABLE 100’ 90’ 30’ 20’ 8’ 5’ 45’ 50’ 69’ 60’ 5’ 7’6”75’ 8’ 86’7’6” 20’ 7’6” 52’6”’ 20’ 10’ 15’ 9’17’ 9’17’ 9’17’ 9’17’ 24’ 30’ 40’ 48’ 12…
Zoning
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Zoning designation
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The district profile from the municipal source: what is on file for GR in Cleveland, OH.
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