Sheffield Lake, OH 44054,5348 E Lake RD
Sheffield Lake, OH 44054,5348 E Lake RD
Sheffield Lake, OH 44054,5348 E Lake RD
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$700,000
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1.33 Acres Lot
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5348 E Lake RD Sheffield Lake, OH 44054

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Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Sale

Subdivision Sunset Cc Allotment

MLS Listing ID 5109955

HOA Y/N No

Year Built 1996

Annual Tax Amount $15,324

Tax Year 2024

Lot Size 1.330 Acres

Acres 1.33

Property Sub-Type Retail

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.

Location

State OH

County Lorain

Rooms

Basement Full, Partially Finished

Interior

Heating Forced Air, Gas

Cooling Central Air

Fireplace No

Exterior

Parking Features Parking Lot

Fence None

Water Access Desc Public

Roof Type Asphalt,Fiberglass

Present Use Commercial

Building

Story 1

Entry Level One

Foundation Basement

Sewer Public Sewer

Water Public

Level or Stories One

Schools

School District Sheffield-Sheffield - 4713

Others

Tax ID 03-00-033-104-012

Acceptable Financing Cash, Conventional, 1031 Exchange, Other

Listing Terms Cash, Conventional, 1031 Exchange, Other

Special Listing Condition Standard


Listed by Jonathan Wright • Russell Real Estate Services • listwithjonathan@gmail.com 440-739-0533

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agent

Tabatha Whewell

Agent | License ID: 2003018978

+1(216) 978-7933

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5348 E Lake RD