244 Water StKent, OH 44240

For Sale
$1,300,000

Established Kent bar, turnkey operation.

Overview

Added:
Dec 11, 2024
Days on market:
92
This exceptional opportunity presents a fully operational bar and restaurant space in downtown Kent, Ohio. Located at 244 N Water St, this 7,840 square foot, single-story building sits on a 0.98-acre lot (APN: 17-025-30-00-025-000). Built in 1900 and renovated in 1974, the property is zoned C-D and boasts a successful history as "Brewhouse and Brew Down," a well-established bar operating for over 30 years. The asking price is $1,300,000, and includes the sale of the commercial building and liquor license. A lease option may be considered with a substantial down payment. The sale includes available equipment and the opportunity to acquire the liquor inventory. Transfer of the liquor license requires background checks and fingerprinting per Ohio Liquor Control regulations. The property's prime location is within walking distance of Main Street Kent, placing it in the heart of the city's vibrant nightlife scene, just blocks from Kent State University. This presents a low-risk entry point for first-time business owners seeking a profitable venture in a high-demand area. Financial proformas are available to qualified buyers. The sale of the liquor license is contingent upon the sale of the building

Property Details for 244 Water St

Property type
Other retail properties, Restaurants
Square Feet
7,840 SF
Class
C
Year Built/Renovated
1900/1974
Buildings
1
Stories
1
Lot Size (sq. ft)
42,689 SF

Location Insight

City
Kent
County
Portage
State
Ohio
Latitude
41.1555867
Longitude
-81.3584352
244 Water St, Kent, Ohio

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244 Water St
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