16011 Waterloo Rd
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16011 Waterloo Rd
4,140 SF 3% Leased Retail Building Cleveland, OH 44110 £197,502 (£48/SF) 9% Net Initial Yield
Executive Summary
For Sale. Waterloo Arts District Bar and Real Estate
16011 Waterloo Rd. Cleveland, OH 44110
PP# 113-16-043
4,730 Square Feet Commercial property on 2 floors with a basement.
The second floor of the building has 5 rooms that are rented out.
Bar/Restaurant with renovated event space in the back of the original bar.
Classic bar with pool table and bar entertainment games.
The building is being offered for sale at $250,000.
The Bar Business and FF&E is being offered for sale at $175,000.
Bar Business can be sold without the real estate and leased back.
16011 Waterloo Rd. Cleveland, OH 44110
PP# 113-16-043
4,730 Square Feet Commercial property on 2 floors with a basement.
The second floor of the building has 5 rooms that are rented out.
Bar/Restaurant with renovated event space in the back of the original bar.
Classic bar with pool table and bar entertainment games.
The building is being offered for sale at $250,000.
The Bar Business and FF&E is being offered for sale at $175,000.
Bar Business can be sold without the real estate and leased back.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
4,140 SF
Building Class
C
Year Built
1900
Price
£197,502
Price Per SF
£48
Net Initial Yield
9%
NOI
£17,775
Percent Leased
3%
Tenancy
Multiple
Number of Floors
2
Slab to Slab
9 ft
Building FAR
1.35
Land Acres
0.07 AC
Zoning
LR - Commercial Arts District
Frontage
30 ft on Waterloo Rd
Amenities
- Signage
PROPERTY TAXES
| Parcel Number | 113-16-042 | Improvements Assessment | £29,918 |
| Land Assessment | £1,853 | Total Assessment | £31,770 |
PROPERTY TAXES
Parcel Number
113-16-042
Land Assessment
£1,853
Improvements Assessment
£29,918
Total Assessment
£31,770
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John Wagner -
Green Bridge Real Estate
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16011 Waterloo Rd
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