Listed By:
The Agency Cleveland Northcoast
Address
244 N Water Street, Kent, OH
Price
$ 1,200,000
Property Attributes
  • MLS#5207000
  • TypeSingle Family
  • Listing Status Active
  • CountyPortage
  • CityKent
  • NeighborhoodFranklin
  • Zip44240
  • Style
  • Year Built1900
  • Taxes$ 8760
  • Price$ 1,200,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size0.098 Acres
Data Source:
MLSNow
Property Description

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. Could that space downstairs be the next Speakeasy? Upstairs has it's own entrance as well. It's a pretty neat space that could be offices? Maybe work cohab spaces? Check out the live video in the link which was recorded in mid May.

Price History
5/20/2026 Listed $1,200,000

General Features

Sewer PublicSewer
Heating ForcedAir,Gas
Cooling CentralAir
Possession Negotiable
Roof Flat
Security Features SecuritySystem,FireEscape
Year Built 1900
Township Kent
Property Subtype Other
Tax Year 2025
Current Use Other
Business Type BarTavernLounge,Restaurant
Business Name Brewhouse
County Portage
Property Type CommercialSale
Attached Garage false
Subdivision Name Franklin
Building Features PrivateRestrooms
Status Active
Directions Water street
ModificationTimestamp 2026-06-02T20:29:05.257-00:00
City Kent
High School District Kent CSD - 6705
Zoning Description Business
Lot Size Units Acres
Tax Annual Amount 8760
Property Condition UpdatedRemodeled
Water Sewer Expense 60
Building Area Units SquareFeet
Living Area Units SquareFeet
Standard Status Active
Middle/Junior School District Kent CSD - 6705
Elementary School District Kent CSD - 6705
Year Built Source PublicRecords
Virtual Tour https://www.dropbox.com/scl/fo/xvyfjj1zdie7xa9nxqa2a/AGokEIZeeXTuGyeYFjDPhmw?rlkey=10rc70z2oyxpadnx0s8zvw2wg&st=7f91e9af&dl=0
Property Sub Type Additional Other
PostalCity KENT
Legal Description LOT 25 SD-58

Interior Features

Basement Full,Finished
Total Stories 2
Basement (Y/N) true
Air Conditioning Y/N true
Heating Y/N true

Exterior Features

Parking Features OnStreet
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

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 44240

Price
AVG $360K
$1.2M
Taxes
AVG $3,871
$8,760
Year Built
AVG 1962
1900

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