Commercial Real Estate for Sale at 5348 E Lake Road in Sheffield Lake, OH for $700,000

Listing data updated April 1, 2025 - 10:21am
Javascript is required to view this map.
Printable Map
Tools

Related Information

5348 E Lake Road | Sheffield Lake

$700,000 | 0.0 Sq. Ft.

This location is waiting for you and your investors to turn it into a destination spot on Lake Rd. There are multiple ways to stream revenue here. The main dining area is 1500 square feet and boasts a 53 foot long bar. There is a separate 600 square foot dining room that is prfect for smaller private events or overflow dining on busy nights. Another part of the building is a 1600 square foot banquet hall currenly leased month-to-month by a private billiards club. Yet another bar found in the basement could be the VIP lounge or green room for entertainmnt before they take the stage. Included inthis sale, to the west of the restaurant is another .63 acre lot that could be developed with outdoor volleyball or beautified green space for events. The right vision and capex can turn this location into a unique experience that people will travel to enjoy. Book your showing today. MLSNow 5109955

Directions to property: From I-90: exit west on SR-611; north on Abbe, east on Lake Rd.

MLS Listing ID: 
MLSNow 5109955
Listing Category: 
Purchase
Listing Status
Status of the Listing.
Listing Status: 
Active
Listing Status (Local): 
Active
Listing Pricing
Pricing information for this listing.
List Price: 
$700,000
Basic Property Information
Fields containing basic information about the property.
Property Type: 
Commercial
Property Sub Type: 
Retail
Primary Market Area: 
Sheffield Lake
Address: 
5348 E Lake Road, Sheffield Lake, OH 44054
County: 
Lorain
Latitude: 
41.4981760
Longitude: 
-82.0738000
Directions: 
From I-90: exit west on SR-611; north on Abbe, east on Lake Rd.
Public Remarks: 
This location is waiting for you and your investors to turn it into a destination spot on Lake Rd. There are multiple ways to stream revenue here. The main dining area is 1500 square feet and boasts a 53 foot long bar. There is a separate 600 square foot dining room that is prfect for smaller private events or overflow dining on busy nights. Another part of the building is a 1600 square foot banquet hall currenly leased month-to-month by a private billiards club. Yet another bar found in the basement could be the VIP lounge or green room for entertainmnt before they take the stage. Included inthis sale, to the west of the restaurant is another .63 acre lot that could be developed with outdoor volleyball or beautified green space for events. The right vision and capex can turn this location into a unique experience that people will travel to enjoy. Book your showing today.
Community Information
School District: 
Sheffield-Sheffield - 4713
Subdivision: 
Sunset Cc Allotment
Building Details
Details about the building on a property.
Stories: 
1
Year Built: 
1996
Living Area: 
0.0
Basement: 
Full,Partially Finished
Construction
Foundation Details: 
Basement
Roof: 
Asphalt,Fiberglass
Room Details
Details about the rooms in the building.
Total Bedrooms: 
0
Total Bathrooms: 
0
Total Full-Bathrooms: 
0
Total Half-Bathrooms: 
0
Total One-Quarter-Bathrooms: 
0
Total Three-Quarter-Bathrooms: 
0
Utilities
Information about utilities available on the property.
Heating System: 
Forced Air,Gas
Cooling System: 
Central Air
Water Source: 
Public
Sewer: 
Public Sewer
Lot/Land Details
Details about the lots and land features included on the property.
Acres: 
1.33
Lot Size (Area): 
1.33
Lot Features
Parking Type: 
Parking Lot
Fence: 
None
Public Record
Parcel Number: 
03-00-033-104-012
Annual Tax: 
$15,324.00
Contract Details
Details about the listing contract.
Possession: 
Negotiable
Listing Participants
Participants (agents, offices, etc.) in the transaction.
Listing Agent Name: 
Jonathan Wright
Listing Co-Agent Name: 
Molly Szafran
Listing Office Name: 
Russell Real Estate Services
Listing Co-Office Name: 
Russell Real Estate Services

Request More Information