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Cuyahoga County, Ohio
Asking Price
$995,000
Revenue
Call/Email
Down
$995,000
Cash Flow
Call/Email
Name: Vince Liuzzi
Name
Vince Liuzzi
Year Established:
2016
Employees:
26
FE&E:
$99,721
Reason for sale:
Retirement
Lease Options:
$3,111
Listing Number:
022822-673765
Inventory:
$15,582
Posting ID:
ID tw:82738 / Listing Number 022822-673765
Business Category:
Restaurants, Liquor Related Biz
Keywords:
Transworld
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Cuyahoga County, Ohio
NNN Bar & Lounge Building — $156K Annual Income | Downtown CLE
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Rare opportunity to acquire a fully leased, income-producing commercial building in one of downtown Cleveland's most active and historically significant entertainment corridors. This two-story brick bar and lounge building offers 10,226 square feet of fully built-out hospitality space across two separate tenant floors, plus a full basement — all within a vibrant mixed-use urban district anchored by restaurants, bars, live entertainment venues, and a growing residential population. Both floors are leased under separate five-year NNN agreements, generating $156,000 in combined gross rental income in Year 1, with built-in annual escalations through 2029. Under the net lease structure, tenants are responsible for real estate taxes, insurance, utilities, and routine maintenance — creating a low-management, passive income profile for the buyer. The seller is currently completing renovations on the first floor, with the ground-floor bar and lounge concept on track to reopen within approximately 60 days. Renovation planning for the second-floor tenant space is also underway, with an opening timeline to be determined. Real estate included is listed and represented by Realty Professionals, a licensed Ohio real estate brokerage. Cooperation with qualified brokers will be considered. Realty Professionals serves as our designated real estate brokerage partner for business sale transactions involving real estate. The same strict confidentiality and private marketing standards applicable to the business sale will also apply to the real estate component of the transaction. This offering is listed through business brokerage channels with full confidentiality protections in place. Prospective buyers are required to execute a Non-Disclosure Agreement, complete a buyer profile, and engage directly with the listing broker before receiving detailed financial disclosures, tenant information, or specific property identification. The listing price reflects primarily the real estate value. This property offers several concrete avenues for a new owner to grow income and build value over time: Built-In Rent Escalations. Both NNN leases include annual rent increases of $1,200 per tenant per year, stepping from $78,000 per tenant in Year 1 to $82,800 per tenant in Year 5. Combined, the leases are structured to reach $165,600 in annual gross income by 2029 — a built-in 6.2% cumulative rent increase with no additional effort required from ownership. Second-Floor Activation. The second-floor tenant space is still in the pre-opening renovation phase. A buyer with the resources to accelerate that buildout would unlock the full combined income potential of both levels operating simultaneously — a scenario not yet reflected in current financials. Exterior Signage Revenue. Both leases reserve the landlord's right to lease exterior building walls for billboard advertising. In a high-traffic urban entertainment corridor, this right could generate meaningful supplemental income at the landlord's discretion. Basement Utilization. The full unfinished basement — not included in either current lease — offers additional square footage that could be used for storage leasing, mechanical purposes, or future buildout at a buyer's election. Market Appreciation. The surrounding district continues to attract new residential, hospitality, and mixed-use development. Vacancy rates in the immediate submarket are exceptionally tight, reflecting strong demand for limited supply. As the district's density and entertainment profile continue to grow, the underlying value of a well-located historic brick asset is expected to appreciate accordingly. https://tworld.com/locations/Ohio/clevelandmetro/listings/NNN-Bar-Lounge-Building-—-156K-Annual-Income-Downtown-CLE

Cuyahoga County, Ohio
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Cuyahoga County, Ohio
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Cuyahoga County, Ohio
Cuyahoga County Medical Spa, Stong Growing Membership Revenue.
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Cuyahoga County Medical Spa, Strong and Growing Membership Revenue. $292,988 Annual Revenue at a 33.3% SDE Margin from a Dual-Category Aesthetic and Functional Wellness Center with an Active Membership Program Business Description Membership billing runs alongside per-visit revenue at this Cuyahoga County medical spa. Clients enrolled in the structured membership program generate predictable monthly income independent of appointment scheduling fluctuations. That recurring layer sits beneath per-visit revenue from aesthetic injectables, non-surgical procedures, functional medicine protocols, and European-inspired skincare treatments. The dual-category service model reaches clients pursuing appearance-focused outcomes and clients pursuing root-cause wellness outcomes from the same facility. Ohio's physician oversight requirement for injectable services is satisfied through an embedded clinical structure already operational and documented. 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Cuyahoga County, Ohio
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Cuyahoga County, Ohio
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