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$ 1,700,000
Est. payment /mo
Active
3872 Erie ST Willoughby, OH 44094
0.6 Acres Lot
UPDATED:
02/18/2025 08:08 AM
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
Subdivision Willoughby City
MLS Listing ID 5100847
HOA Y/N No
Year Built 2005
Annual Tax Amount $6,331
Tax Year 2023
Lot Size 0.600 Acres
Acres 0.6
Property Sub-Type Retail
Property Description
Renovated and built out just seven years ago, this 4,800± SF establishment in Historic Downtown Willoughby is a premier turn-key opportunity, offering a full commercial kitchen designed for high-volume service, a brand-new POS system, and Ohio Lottery Keno for additional revenue. Boasting the largest patio and parking lot in the area, the venue is ideal for live entertainment, private events, and seasonal dining. The expansive outdoor space includes a new patio bar, a gazebo with a fire pit, and outdoor bocce courts, all enhancing the guest experience. A repurposed train car, currently serving as a wine cooler, offers creative potential for a unique dining space. Already set up for in-house wine production, this property is a perfect opportunity for a winery looking to expand, providing a seamless move-to-perfection option in a high-visibility location. Fully furnished and move-in ready, financial statements are available with an NDA, making this a standout investment in one of Northeast Ohio's most sought-after entertainment districts.
Location
State OH
County Lake
Interior
Heating Forced Air, Gas
Cooling Central Air
Furnishings Partially
Fireplace No
Exterior
Present Use Retail
Schools
School District Willoughby-Eastlake - 4309
Others
Tax ID 27-B-041-0-00-020-0
Acceptable Financing Cash, Conventional, 1031 Exchange
Listing Terms Cash, Conventional, 1031 Exchange
Special Listing Condition Standard
Listed by Hannah Pannetti • Keller Williams Citywide • hpannetti@kw.com 216-403-2447