$700,000

5348 E Lake Road, Sheffield Lake, OH 44054

  • Property Icon Commercial Property
  • Property Year Built Icon Built in 1996
  • Property Lot Size Icon1.33acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 7 months ago

Property Description

This location is waiting for you and your investors to turn it into a destination spot on Lake Rd. There are multiple ways to stream revenue here. The main dining area is 1500 square feet and boasts a 53 foot long bar. There is a separate 600 square foot dining room that is prfect for smaller private events or overflow dining on busy nights. Another part of the building is a 1600 square foot banquet hall currenly leased month-to-month by a private billiards club. Yet another bar found in the basement could be the VIP lounge or green room for entertainmnt before they take the stage. Included inthis sale, to the west of the restaurant is another .63 acre lot that could be developed with outdoor volleyball or beautified green space for events. The right vision and capex can turn this location into a unique experience that people will travel to enjoy. Book your showing today.

Listing Status:
Pending
Listing Office:
Russell Real Estate Services : 440-327-6511
Listing Agent:
Molly Szafran : 440-822-8265
MLS ID:
5109955
  • Basement: FullPartially Finished
  • A/C: Central Air
  • Heating: Forced AirGas
  • Parking: Parking Lot
  • Roofing: AsphaltFiberglass
  • General: 1Basement
  • Originating MLS: NOWDD_NORM
  • School District: Sheffield-Sheffield - 4713
  • County: Lorain
  • Zoning: 42 X 251.7003-00-033-104-012
  • Fencing: None
  • Current Use: Commercial
  • Water: Public
  • Sewer: Public Sewer
  • Source: NOWDD_NORM

This listing courtesy of Molly Szafran, Russell Real Estate Services

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

K

Knollwood Elementary School

4975 Oster Rd, Sheffield Village, OH, 44054

Grades 1-2

1.22 miles away

B

Brookside Middle School

1662 Harris Rd, Sheffield Village, OH, 44054

Grades 7-8

2.30 miles away

B

Brookside High School

1662 Harris Rd, Sheffield Village, OH, 44054

Grades 9-12

2.30 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.