44094 Ohio Commercial Properties for Sale

44094 Ohio Commercial Properties for Sale

$599,000
5237151 MLS
This is an exceptional opportunity to acquire SOL, a well-established upscale casual restaurant, bar, and event venue located in the heart of Historic Downtown Willoughby. This location benefits from a bustling downtown area surrounded by restaurants, bars, shops and community events. SOL has created a recognizable destination for great food, craft cocktails, entertainment, private events, and an inviting atmosphere. With an established customer base, experienced staff, strong operational systems, and multiple revenue streams in place, this is a turnkey opportunity for an owner-operator, restaurateur, hospitality group, or event-focused concept. The approximately 6,000-square-foot operation offers more than a traditional restaurant. The space features an attractive open concept kitchen, allowing guests to see the culinary experience, multiple dining/bar, private-event, and entertainment spaces designed to accommodate all needs. One of SOL's signature features is its large outdoor patio-gazebo area with a wood-burning fireplace. This provides an ideal setting for live music and events. The larger private dining area accommodates around 80 guests and includes projector and audio capabilities, making it ideal for meetings, business networking events, holiday parties, rehearsal dinners, fundraisers, and private celebrations. An additional event space accommodates approximately 40 guests and features its own fireplace, for more intimate events. SOL features a fully equipped kitchen, a D-6 liquor license, established operational systems, recognizable branding, experienced staff, and favorable lease terms. Ownership has invested significantly in equipment, systems, branding, atmosphere, guest experience- Opportunities for continued growth include expanded private-event bookings, corporate and networking events, catering, additional live music, expanded operating hours, wedding-related events, and increased digital marketing. Being offered as a business sale Only.

38257 Glenn Avenue, Willoughby

Listing Courtesy of: Tim Cline, tim@callteamcline.com With Platinum Real Estate

$1,595,000
5233365 MLS
Rare Industrial Headquarters with Expansion Land in the Heart of Lake County Industrial properties offering this combination of existing improvements, immediate usability, and future expansion potential are becoming increasingly difficult to find. 3950 Ben Hur Avenue presents an opportunity to acquire a 21,113 SF industrial facility situated on 3.16 acres with substantial excess land for future growth. Whether you're an owner-user looking to establish a long-term headquarters or an investor seeking value-add potential, this property offers flexibility that most industrial assets simply cannot. The facility features approximately 11,747 SF of warehouse space, 9,366 SF of office, heavy power, two drive-in doors, 10-26' ft clear heights, municipal utilities, abundant parking, and outdoor storage potential. The office area has been extensively renovated and is move-in ready, allowing a buyer to occupy immediately while expanding operations over time. What truly separates this property is the land. In today's market, finding an industrial building with room to add square footage, increase parking, create secured outdoor storage, or develop additional improvements is exceptionally rare. Located along the Ben Hur industrial corridor with immediate access to SR-2, I-90 and the greater Cleveland market, this property positions a business for long-term growth while providing investors multiple avenues to create additional value.

3950 Ben Hur Avenue, Willoughby

Listing Courtesy of: Chandler Jekutis, cjekutis@kw.com With Keller Williams Greater Cleveland Northeast

$575,000
5230413 MLS
(please note that seller has accepted an offer and we are just getting signatures) Cash flowing apartment complex! Fully occupied, 6 unit building providing a roughly 10% cap rate. 3 of the 6 units are 2 bedrooms bringing in $1,200 per month, 2 units are 1 bedrooms with each bringing in $1,000 and the last unit is a small efficiency apartment bringing in $700 with a total annual of $75,600. Total annual expenses of roughly $20,700 includes taxes, insurance and maintenance. This beautiful, freshly painted building reminds people of New Orleans, or other buildings not typical of Cleveland. Nestled in the incredibly beautiful city of Willoughby Ohio, and even within the historical corridor of Willoughby, this is a sure bet for future investors. This is truly a prime location for continued solid occupancy rates, where neighbors stroll on walks all day and night. Currently rented with tenants who take pride in their units as reflected in the pictures. They pay all of their own utilities. Most of the washers and dryers remain, however some tenants have purchased their own. Each unit has their own off street parking spot. Some have parking behind the building. Each unit except one has their own basement space for storage and laundry. Beautiful wood floors throughout most of the units. Proof of funds and/or preapproval prior to any showings. 48 hour minimum notice and may not be able to see all units until under contract. Prefer weekend showings.

4387 Center Street, Willoughby

Listing Courtesy of: Mary A Markulis, mary.markulis@theagencyre.com With The Agency Cleveland Northcoast

Selling Office: Non-Member.

$840,000
5190238 MLS
Exceptional mixed-use investment opportunity in the heart of Downtown Willoughby. Situated on a single parcel with ample off-street parking, this unique offering combines a fully leased historic brick triplex, a 7,200-square-foot commercial building, and a custom luxury residential loft, creating multiple income streams and significant upside potential. The front brick triplex is fully occupied and features three updated residential units with strong rental history. Unit 1 is a two-bedroom, one-bath residence with an updated kitchen, updated bath, and in-suite laundry, currently leased for $1,450 per month. Unit 2 is a fully updated one-bedroom, one-bath unit leased for $1,200 per month, while Unit 3 is a fully updated one-bedroom, one-bath unit leased for $1,300 per month. Current gross residential income totals $47,400 annually. The triplex benefits from newer HVAC systems and hot water tanks throughout.The rear commercial building offers approximately 7,200 square feet of flexible space currently occupied by a successful furniture upholstery business. The lower level includes warehouse space, offices, restroom facilities, laundry, and two oversized garage bays. The seller is willing to lease back a portion of the commercial space, providing an opportunity for immediate stabilized commercial income. Additional warehouse and commercial space offers further leasing potential.Above the commercial building is an impressive 1,650-square-foot custom-built loft featuring high-end finishes, an open-concept floor plan, private laundry, and an expansive rooftop deck overlooking Downtown Willoughby. The loft is currently owner-occupied and could generate approximately $2,500 per month ($30,000 annually) in additional rental income. Based on current rents and projected lease-up opportunities, the property offers the potential to generate approximately $135,000 to $141,000 in gross annual income. A rare opportunity to own a versatile mixed-use asset in Downtown Willoughby.

37931 Vine Street, Willoughby

Listing Courtesy of: Julie A Marous, juliemarous@bhhspro.com With Berkshire Hathaway HomeServices Professional Realty

Selling Office: Berkshire Hathaway HomeServices Professional Realty.

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44094 Ohio Commercial Properties

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