6% Cap Rate Investment Opportunity in WIlloughby, Ohio with Access to the Chagrin River
Market Price
3941 Erie St, Willoughby, OH 44094
8,700 sqft
Building Size
1.55 acres
Lot Area
Details:
Highlights:
- 8700 SF modern two-story building
- Constructed in 2016
- Zoned as C-M for flexibility
- Unique Handcrafted Cocktails
- Prime location in DTW, Northeast Cleveland area
- Ample space for various business needs
- Honkytonk design and amenities
- Massive onsite parking lot
- Visibility and accessibility for customers
Description:
Investment Opportunity--New Single Tenant Asset--10-year Lease. PRIME LOCATION for an exceptional investment opportunity in Historic Downtown Willoughby! This stunning 8,700 SF modern two-story building was constructed in 2016 for fine dining restaurant. This venue is located adjacent to the Chagrin River near a high traffic intersection with high visibility on Erie Street off of Route 20. Experience Northeast Ohio's favorite destination for restaurants, bars, shopping, and year-round entertainment and activities!
Discover the vibrant charm of Historic Downtown Willoughby, OH, offering a prime location for Retail and Restaurant investors. This venue is nestled within the dynamic Northeast Cleveland market, adjacent to the Chagrin River just North of Route 20 on Erie Street across from Willoughby Municipal Court.
Documents:
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