6% Cap Rate Investment Opportunity in WIlloughby, Ohio with Access to the Chagrin River

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:

PRIME LOCATION for investment opportunity in Historic Downtown Willoughby! Soon to open in April 2026. Ten Year Lease with an increase after year 5. 8,700 SF two-story building was constructed in 2016 for a state of the art gastropub, micro brewery, and fine dining restaurant. Double D's Smoke House and Honkytonk is fully equipped and located adjacent to the Chagrin River near a high traffic intersection with high visibility on Erie Street off of Route 20. Full liquor license, large open-concept kitchen, 2 full bars, brewery equipment, indoor seating up to 160, private office, restrooms on both levels, an elevator, and exclusive parking. The outdoor rooftop patio with fireplace is easily the best in the area, seating up to 75, overlooking the charming community of DTW. 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.

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