Diner 42
665 Lafayette Rd, Medina, OH
$348,000
Price
1,998 sqft
Building Size
0.5 acres
Lot Area
Overview
Description
Value-add investment opportunity. Income producing with one residential tenant, and a fully operational bar and restaurant with sand volleyball courts hosting leagues spring through fall.
Located across from the Medina County Fairgrounds, and 1 mile from Medina Square, this property is on a main thorofare with high visibility and traffic counts of 10,877 VPD.
Improvements include patio/deck (2000) and parking lot (2024)
Building SF: 1,998 sf
Floor 1: 1,062 (Bar/Restaurant) - Turnkey - INCLUDES ALL FFE, LIQUOR LICENSE (7-days) and inventory
Floor 2: 936 SF (3BR/1BA apartment w/ laundry)
Separate entrance
Current tenant in the space 5 years with a mo-to-mo lease ($650/mo) lower than market average
Basement: 936 sf
Porch (enclosed): 144 sf
Porch (open): 252 sf
Wood Deck: 584 sf
Asphalt Paving: 1,188 sf
C-1 Zoning
Bar/Tavern
Bed & Breakfast
Convenience/Retail
Medical Clinic / Health and Wellness
Office
Personal and Professional Services
Child daycare or nursery
Gas station
Drive-through services
Located across from the Medina County Fairgrounds, and 1 mile from Medina Square, this property is on a main thorofare with high visibility and traffic counts of 10,877 VPD.
Highlights
- 1,998 sf on .5 acre
- Excellent location in the vibrant Medina area - 10,877 VPD
- Zoned C-1 - variety of permitted and conditional uses
- Turnkey investment with resident on site (mo-to-mo) with lower than market rent
- Bar/restaurant includes all FFE, liquor license and inventory
Documents
Title | ||
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Sale Flyer | ||
Offering Memorandum (L) | ||
Offering Memorandum | ||
Sale Proposal (L) | ||
Sale Proposal | ||
Sale_Flyer__L_.pdf | ||
Sale_Flyer__L_.pdf |