244 N Water Street

Kent, OH
$ 1,200,000 Beds 0 Baths 0 Virtual Tour
Monthly Estimate* How much can I afford?

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.

Active

  • Price
  • $ 1,200,000
  • City
  • Kent
  • Bedrooms
  • 0
  • Full Bathrooms
  • 0
  • County
  • Portage
  • Half Bathrooms
  • 0
  • Area
  • Lot Size
  • 0.098 Acres
  • Zip
  • 44240
  • Year Built
  • 1900
  • Taxes
  • $ 8760
  • Style
  • MLS#
  • 5207000
Listed By: The Agency Cleveland Northcoast
Data Source: MLSNow

Features

General

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
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

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Youngstown, OH office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% 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.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

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

Property vs Zip Code Average in 44240

Price
AVG $360K
$1.2M
Taxes
AVG $3,884
$8,760
Year Built
AVG 1962
1900

Areas That We Cover

244 N Water Street Kent, OH is a Single Family Home for sale at $1200000 and a lot size of 0.098 Acres Acre(s). 244 N Water Street Kent has 0 bedrooms, 0 baths and was built in 1900. The property's zip code is 44240 which is in Kent, OH

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% 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.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.