2291-2299 Lee Rd - Storefront FOR SALE


Cleveland, OH 44118
$900,000 USD
216-789-2958
2291-2299 Lee Rd, Cleveland, OH for Sale
$900,000 USD
Storefront - FOR SALE
1/2
null | 8.04% Cap Rate

2291-2299 Lee Rd
Cleveland, OH 44118


HIGHLIGHTS

  • One of Cleveland Heights most popular bar/restaurant on a popular corner featuring new roof, outdoor wet bar and brick outdoor seating.
  • Fully occupied retail investment opportunity just outside University Heights.

OVERVIEW

Roof replaced in 2023. Front entrance repaired and reconfigured including new awnings 2019-2022. Patio building includes bar and outdoor dining area.

FOR SALE DETAILS

PRICE

$900,000 USD

PRICE/SF

$131 USD /SF

CAP RATE

8.04%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

ADD'L SUBTYPES

Bar, Restaurant, Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1924

SPRINKLERS

-

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.3 AC

LAND SF

12,863 SF

ZONING

C2-X

APN/PARCEL ID

687-08-012

ASK ABOUT THIS PROPERTY

William Nice, Jr.Wellington Group CRE, LLCMore Info
216-789-2958

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William Nice, Jr.Wellington Group CRE, LLCMore Info
216-789-2958

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.