Grand Pacific Junction | Historic Olmsted Falls Mixed-Use District with Turnkey Events Business, Offered Whole for the F
Market Price
Columbia Rd, Olmsted Falls, OH 44138
68,397 sqft
Building Size
6.22 acres
Lot Area
Details:
Highlights:
- 26 structures across 19 contiguous parcels, roughly 68,397 SF on about 6.22 acres
- Turnkey events platform , three venues and four bookable spaces with a booked forward calendar
- Three transferable Ohio liquor permits convey with the sale , two D-5 quota permits and one D-5I, two carrying the D-6 Sunday endorsement
- 97.5% occupied by a diversified base of roughly thirty local tenants , restaurants, retail, offices, and two residences , with no single-tenant dependency
- Protected by historic designation, within a designated Historic Area Conservation District, and the Grand Pacific Hotel is individually listed on the National Register of Historic Places
- A walkable downtown destination, the recognized commercial heart of Olmsted Falls
- 15 miles from downtown Cleveland, minutes from I-480, I-71, and Cleveland Hopkins International Airport
Description:
Grand Pacific Junction is the historic heart of Olmsted Falls, a walkable commercial district assembled and restored building by building over more than three decades of single ownership. For the first time, the district comes to market whole: the real estate, an established events business across three venues, and three transferable liquor permits, conveying together to one buyer. The next owner steps into a living, working downtown, roughly thirty local tenants across restaurants, retail, offices, and residences, anchored by a turnkey events operation with a booked forward calendar, rather than a renovation project. Protected by historic designation and held under one owner for decades, it is the kind of district that cannot be reassembled at any price. Full financial detail is available under a confidentiality agreement.
In the heart of historic Olmsted Falls in the original business district, about 15 miles southwest of downtown Cleveland and minutes from I-480, I-71, and Cleveland Hopkins International Airport. A walkable downtown destination.
Documents:
| Title | ||
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| GPJ_Public_Brochure_Olmsted_Falls.pdf |
Location
Gallery
