About This Restaurant
Investment Highlights
On popular Water Street where downtown nightlife and activities are in the center of Kent.
Executive Summary
FOR SALE: Brewhouse and Brew Down bar business, liquor license, and commercial property building 244 N. Water Street Kent OH 44240PIN: 17-025-30-00-025-000 PROPERTY: Lot 25 SD 58 | 12,789 sq ft | 3 Floors (basement, first floor, upstairs) 4,263 sq ft per floorLIQUOR LICENSE: D1, D3, D3A (grandfathered liquor license, serve until 2:30 AM) Permit ID # 8930829OCCUPANCY: Certificate of Occupancy includes First Floor = 200 people | Bottom Floor = 188 peopleDESCRIPTION:Fully functioning successful turnkey already city-approved Kent business, bar, and space for a restaurant if desired. Open to possible lease option (rent to own) with a significant down deposit payment, but first preference is to sell both the commercial building and bar/liquor license. This is your chance to own a bar in downtown Kent just blocks away from college/university of Kent State University and in the heart of the nightlife scene. Brewhouse and Brew Down has been an established and profitable business and bar for nearly 30+ years. Happy to share the business proforma with serious buyers or interested parties only. Open to selling liquor inventory with the successful transfer of liquor license. Background checks and fingerprinting are required for the State of Ohio Liquor Control to transfer to new owner. The license is attached to 244 N. Water Street. Not open to selling liquor licenses separate from commercial building. This property is located within walking distance of Main Street Kent. The building and business are both well-known and respected City of Kent night spots (Brewhouse and Brew Down) with available equipment and licenses being offered for sale. This is a great opportunity to own one of Kent's most popular night spots. Low business risk to entry if you are a first-time business owner and want to get into ownership.CONTACT: JAMES TRIBUZZO cell 330-730-3190 or brewhousejbs@yahoo.comCall and learn more about the business assets, business income P&L statements, and real estate land/building to understand how to make your dream of owning a bar in Kent a reality.
Property Details
- Sale Type Investment or Owner User
- Property Type Retail
- Property Subtype Storefront Retail/Office Storefront Retail/Office General Retail Bar General Retail Restaurant Office Industrial Live Work Unit Storefront Retail/Office
- Building Size 12,789
- Building Class C
- Year Built 1900
- Percent Leased 31
- Tenancy Multiple
- Building Height 3 Stories
- Building FAR 2.94
- Land Acres 0.10 AC
Property Taxes
Parcel Number | 17-025-30-00-025-000 | Improvements Assessment | $7,250 |
Land Assessment | $94,220 | Total Assessment | $101,470 |
Date Created: | 2024-07-16 04:18:07 | Last Updated: | 2024-07-16 04:18:07 |
Address: | 244 N Water St , Kent, Ohio, 44240 |