BOLIVAR - LoopNet · 2019. 2. 11. · BOLIVAR DOWN-TOWN CLEVE-LAND RESTAURANT & HOSPITALITY...
Transcript of BOLIVAR - LoopNet · 2019. 2. 11. · BOLIVAR DOWN-TOWN CLEVE-LAND RESTAURANT & HOSPITALITY...
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JOSEPH W. KHOURIFirst Vice [email protected] 216 658 6120
CBRE, INC. 950 Main Avenue, Suites 200 Cleveland, Ohio 44113 1 216 687 1800
Exclusively Listed by:
FOR SALE | FOR LEASEDOWNTOWN CLEVELAND
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+ 8,000 SF 2-Story Brick Building For Sale or For Lease
+ Purchase Price: $1,149,000
+ 4,000 SF First Floor Main Bar with PartialMezzanine
+ 4,000 SF Second Floor Party Room with Bar/Restrooms/Offices
+ Lot Size: 6,600 SF (.15 AC)
+ Lot Dimensions: 40’ X 165’
+ PPN: 101-29-034
+ 2 Story Brick Building with Flat Composition Roof
+ Rear Parking Lot 8-10 Cars
+ Major Renovations Completed in 2016
+ Roll Up Garage Style Doors on Front Facade
+ All New HVAC Units Installed in 2016
+ All New Sprinkler System Installed in 2016
+ New Multi User Mens and Womens ADA Restroomsin 2016
+ High 16’ ft Ceilings on First Floor Bar Area withMezzanine Area, Approximately 14’ ft Ceilings on the2nd Floor
+ Built in 1920
+ As Built Plans Available in PDF upon request
THE Opportunity
BOLIVAR7 2 1
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+ 4,000 SF First Floor Main Bar and Restaurantwith Mezzanine
+ Rent: $22.00 per SF + Utilities
+ Liquor License and FF&E Available
+ Turnkey Bar & Restaurant
FOR LEASE
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TURNKEY BAR & RESTAURANT SPACE (VIcTORY Alley SPORTS GRILLE)
+ 4,000 SF (the entire second floor, walk up usingfront staircase, entrance off Bolivar)
+ Current Configuration: Recently renovated eventspace with open ceiling, bar and walk in cooler,updated restrooms, utilitarian office space, and rawunfinished space (open canvass)
+ Possible conversion into office or showroom
+ Rent: $15.00 PSF Modified Gross + Utilities
SECOND FLOOR OFFICE / CREATIVE SPACE
Opportunity
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A FLAGSHIP RETAIL LOCATION ON EUCLID AVENUE, REVITALIZING MILLIONAIRES ROW
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+ Ideal Owner / Operator or Investor who is looking toacquire property immediately adjacent to ProgressiveField and steps away from Quicken Loans Arena in theheart of the Gateway District
+ 8,000 SF 2-Story Brick Bar & Restaurant Building on.15 Acres, 1st Floor Main Bar and Kitchen Area, 2ndFloor Party Room with Bar and Restrooms
+ Renovated in 2016
+ Extremely Rare Opportunity to Purchase DowntownCleveland Turnkey Bar and Restaurant Property
BOLIVARBOLIVAR7 2 1
40 Feet of frontage
GATEway DISTRICT
EXISTING SPORTS BAR & GRILL
POtential rooftop patio
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BO
LI
VA
R R
OA
D
N
FLOOR PLANS
1ST FLOOR
MEZZANINE FLOOR
2ND FLOOR
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Superior A
veVincent Ave
E 6th St
Euclid Ave
Prospect Ave
E 4th St
Huron Ave
Eagle Ave
Ontario St
E 9th St
Carnegie Ave
Summer Ave
Erie Ct
Bolivar Rd
Huron Rd
E 12th St
Chester Ave
E 14th St
E 8th St
Quicken LoansArena “The Q”
Progressive Field
Erie Stre
et
Cemetery
PublicSquare
+ East 4th Street + Progressive Field + The Q + Public Square + The Arcade + 5th Street Arcade
+ Cleveland Convention Center Medical Mart + Playhouse Square + First Energy Stadium + Rock-n-Roll Hall of Fame + Great Lakes Science Center + Northcoast Harbor
+ Progressive Field
+ The Q
+ East 4th Street
+ The Arcade
+ 5th Street Arcade
+ Public Square
+ Jack Cleveland Casino
+ Playhouse Square
+ Cleveland Convention Center Medical Mart
+ First Energy Stadium
+ Rock-n-Roll Hall of Fame
+ Great Lakes Science Center
+ Northcoast Harbor
AREA AMENITIES
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721 BOLIVAR
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BOLIVAR7 2 1
DOWNTOWN Cleveland
94,636EMPLOYEES
78,142DAYTIME WORKERS
94%
RESIDENTIAL OCCUPANCY
89%
RETAIL OCCUPANCY
75%
HOTEL OCCUPANCY
18 HOTELS4,647 ROOMS36 MEDIAN AGE 100 RESTAURANTS & CAFES50 NEW RETAILERS 2015 & 20161.6M SF OF RETAIL SPACE48 OFFICE BUILDINGS
16.2M SF OFFICE SPACE 3,335 BUSINESS 1M18,000 RESIDENTS BY 201882,772 DAYTIME POPULATION 1M18M ANNUAL VISITORS$8.1B TOURISM ECONOMIC IMPACT
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.17mi0 mi
ProposedPedestrian
Bridge
nuCLEusDevelopment
TheBeacon
Proposed Lakefront Development
Weston-Citymark
Superblock
Cleveland Convention
Center
Key Tower
200 Public Square
Fifth Third Center
EY Tower
Cleveland One CenterW
3rd
St
To I-90
Lake Erie
E 9th
St
E 18
th S
t
E 17
th S
t
E 18
th S
t
E 24th St
E 21
st S
t
E 12
th S
tE
12th S
t
E 13
th S
t
W 9
th S
t
W 6
th S
t
Center St
W 10
th St
Cuyahoga River
Cuyah
oga R
iver
E 9th St
E 14
th S
t
East 4th St
Huron RdE
6th S
T
Chester Ave
Superior AveW Superior Ave
W Superior Ave
Cart
er R
d
Carter Rd
Scranton Rd
St Clair AveW St Clair Ave
W Huron Rd
Lakeside AveLakeside Ave
Chester Ave
Payne Ave
Euclid Ave
Euclid AveHuron Rd
Prospect Ave
Prospect Ave
Carnegie Ave
Bolivar Rd
Carnegie Ave
Colu
mbu
s Rd
Ontario St
On
tari
o St
2
2
322
20
6
PROGRESSIVEFIELD
WolsteinCenter
QUICKEN LOANS ARENA
FIRST ENERGYSTADIUM
Greater ClevelandAquarium
JacobsPavilion
Galleria at Erieview
Port of Cleveland
Burke Lakefront Airport
CountyCourthouse
Global Center for
HealthInnovation
ClevelandPublicLibrary
TheArcade
ColonialMarketplace
ClevelandPublic
Auditorium
ClevelandCity Hall
Warehouse District
Flats East Bank
Flats West Bank
GatewayDistrict
PlayhouseSquare
CampusDistrict
Public Square
North Coast Harbor
To I-90/I-71/I-77
To I-90
Lake Erie
ConnorPalace
2,800 seats
HannaTheatre550 seats
OutcaltTheatre334 seats
StateTheatre
3,200 seats
OhioTheatre
1,000 seats
AllenTheatre500 seats
HelenTheatre150 seatsWestfield
InsuranceTheatre300 seats
Cuyahoga River
Voinovich Bicentennial Park
RESIDENTIAL
Kennedy'sTheatre100 seats
INTERSTATE
90
CLEVELAND STATE UNIVERSITY17,730 Students
OHIO CITY
OHIO CITY
Superior Ave
Tower City
Center
FederalCourthouse
STARBUCKS
Opening Soon:
STARBUCKS
7 2 1BOLIVAR
DOWN-TOWN
CLEVE-LAND
RESTAURANT &HOSPITALITY OVERVIEW
Opening Soon:
STARBUCKS
MARBLE ROOMPurposed Spring 2017:
Ginza Sushi House
East 4th
Warehouse District
STARBUCKS
Theatre District
Flats East Bank
Public Square
Major Sports Teams Hotel Number
of RoomsAloft 150Comfort Inn 145DoubleTree 379Drury Plaza 189Hampton Inn 194Hilton 600Hilton Garden Inn 240Holiday Inn Express & Suites 141Hyatt Regency 293Kimpton Schofield 122Marriott at Key Center 175Metropolitan at the 9 156Radisson at Gateway 142Renaissance 491Residence Inn 175Ritz-Carlton 205The Westin 484University Hotel 161Wyndham at Playhouse Square 205Total Hotel RoomsDowntown Cleveland
4,647
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JOSEPH W. KHOURIFirst Vice [email protected] 216 658 6120
CBRE, INC. 950 Main Avenue, Suites 200 Cleveland, Ohio 44113 1 216 687 1800
Exclusively Listed by:
© 2019 CBRE, Inc. All rights reserved. This information has been obtained from sources believed reliable, but has not been verified for accuracy or completeness. You should conduct a careful, independent investigation of the property and verify all information. Any reliance on this information is solely at your own risk. Licensed Real Estate Broker.
First Floor Main Bar
Second Floor PARTY ROOM
First Floor Main Bar
Bolivar Road Main Entrance & PATIO
Second Floor PARTY ROOM Second Floor PARTY ROOMSecond Floor PARTY ROOM
7 2 1 BOLIVAR
FOR SALE | FOR LEASEDOWNTOWN CLEVELAND