244 N Water Street Kent, OH $ 1,200,000
244 N Water Street
$ 1,200,000
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244 N Water Street

Kent, OH, 44240
$ 1,200,000
Bedrooms-- Baths--

Monthly Estimate*

$ 7,389

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Commercial Property for sale in Kent, OH

for $1,200,000. This building was built in 1900 on a lot size of 0.098.

After 30 years of successful ownership of one of the flagship bars in downtown Kent University college town, owner is exploring leaving the bar business and enjoy lakes, boats and sunsets! Here is your opportunity to snag a location stable enough to stand the test of time. Currently known as Brewhouse and Brew down, it was also know in the past as JB's Downunder where it featured many artists such as the Red Hot Chili Peppers, Glass Harp, Eric Carmen, The Rasberries, and Joe Walsh. This location also housed a Paninis restaurant. It currently does not operate with a kitchen, but the opportunities are there for the next owner. The space is absolutely massive. Maybe use some of the unused areas for event rentals? Maybe office? Your vision! Get in now before the start of the new school year! Comes with liquor license and all interior contents, minus a few memorabilia items that may be held back. The current operating sqft is roughly 7,840 with another entire third level that was semi finished with roughly another 3,000+ sq ft, becoming potential of roughly 11,000sqft of entertainment space! There is one totally separate bar in the lower level currently called BrewDown and then the main bar on the main level currently operating as Brewhouse. Upstairs has it's own entrance as well. Check out the live video in the link which was recorded in mid May.

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Commercial Active

Price

$ 1,200,000

Property Type

Commercial

Taxes

$ 8,760

Style

Lot Size

0.098

Year Built

1900

Town/City

Kent

County/Region

Portage

MLS | Web ID

5207000

Features
General
Sewer Public Sewer
Heating Forced Air Gas
Cooling Central Air
Possession Negotiable
Roof Flat
Security Features Security System Fire Escape
Year Built 1900
Township Kent
Property Subtype Other
Tax Year 2025
Current Use Other
Business Type Bar/Tavern/Lounge Restaurant
Business Name Brewhouse
County Portage
Property Type Commercial Sale
Attached Garage false
Subdivision Name Franklin
Building Features Private Restrooms
Status Active
Directions Water street
City Kent
High School District Kent CSD - 6705
Zoning Description Business
Lot Size Units Acres
Tax Annual Amount 8760
Property Condition Updated/Remodeled
Water Sewer Expense 60
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Middle/Junior School District Kent CSD - 6705
Elementary School District Kent CSD - 6705
Year Built Source Public Records
Virtual Tour https://www.dropbox.com/scl/fo/xvyfjj1zdie7xa9nxqa2a/AGokEIZeeXTuGyeYFjDPhmw?rlkey=10rc70z2oyxpadnx0s8zvw2wg&st=7f91e9af&dl=0
Property Sub Type Additional Other
Legal Description LOT 25 SD-58
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Interior
Basement Full Finished
Total Stories 2
Basement (Y/N) true
Air Conditioning Y/N true
Heating Y/N true
Main Level Bathrooms 0
Total Baths 0
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Exterior
Parking Features On Street
Water Source Public
Lot Size Area 0.098
Number of Buildings 1
Building Area Total 7840
Lot Size Acres 0.098
Lot Size Source Assessor
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* Excluded Features
List By
Mary A Markulis

Listing Agent

The Agency Cleveland Northcoast

Broker

mary.markulis@theagencyre.com

Email

Affordability Calculator

$8,119
Per Month
91%
9%
0%
Monthly Principal & Interest
$7,389
Monthly Property Taxes
$730
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4634602 Elementary School
4634601 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/20/2026$1,200,000 Listed Price

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244 N Water Street, Kent, OH, 44240 is a Commercial Property for sale at $1,200,000 with a lot size of 0.098. 244 N Water Street was built in 1900. The property's zip code is 44240 which is in Kent, OH