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4256 Pearl RD Cleveland, OH 44109
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Key Details
Sold Price $180,000
Property Type Commercial
Sub Type Retail
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 5010534
Sold Date 06/05/24
HOA Y/N No
Year Built 1924
Annual Tax Amount $4,532
Tax Year 2022
Lot Size 0.360 Acres
Acres 0.36
Property Description
Looking for a Bar/Restaurant or other retail opportunity in one of Cleveland's hottest emerging markets? The former Mr. E's Inn located in downtown Old Brooklyn is poised to be remade. Be part of Old Brooklyn's renaissance with these two circa 1924 retail buildings that contain a large bar, dining area restrooms, dance floor and two adjacent storefronts. Both buildings have full, unfinished basements and the bar bldg. has a small mezzanine level in the back of the bldg. and rear outdoor patio area. The existing furniture, fixtures and equipment are included. Obtain design, technical assistance and funds from the City's Storefront Renovation Program to comprehensively remake the building exteriors and or signage. The .17-acre or 51' x 159'piece of land on the north side of the bldg. is included in the sale and creates a unique opportunity for a larger scale development project on this high-traffic, commercial corridor. In recent years, this solid Cleveland neighborhood has seen a resurgence in “mom & pop” retail due to the area's affordable housing stock, walkable tree lined streets, accessibility and proximity to downtown Cleveland. Opportunity knocks!
Location
State OH
County Cuyahoga
Rooms
Basement Full, Concrete
Interior
Heating Forced Air, Gas
Cooling Central Air, Ceiling Fan(s), Electric
Fireplace No
Exterior
Parking Features None
Fence Back Yard, Chain Link, Partial, Wood, Wire
Water Access Desc Public
Roof Type Flat
Porch Patio
Building
Story 1
Entry Level One
Foundation Basement
Sewer Public Sewer
Water Public
Level or Stories One
Schools
School District Cleveland Municipal - 1809
Others
Tax ID 014-10-028
Security Features Security System
Acceptable Financing Cash, Conventional, Contract
Listing Terms Cash, Conventional, Contract
Financing Seller Financing
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Bought with Michael J Rastatter Jr. • Howard Hanna