40980 Butternut Park Ct - Specialty FOR SALE


Elyria, OH 44035
$299,500 USD
440-537-4686
40980 Butternut Park Ct, Elyria, OH for Sale
$299,500 USD
Specialty - FOR SALE
1/31
null | Request Cap Rate

40980 Butternut Park Ct
Elyria, OH 44035


HIGHLIGHTS

  • Attached Apartment Unit
  • .77 acre

OVERVIEW

Exceptional Commercial Opportunity in Prime Location! Presenting a rare estate sale of the former well-known Joe's Bar, a staple in the community for over 50 years. Property offers unparalleled visibility, fronting two major streets w/extremely high traffic flow & situated less than a mile from major highways, making it a prime location for any business. Currently zoned for Restaurant/Cafeteria/Bar use, this property includes a spacious, attached 3-bedroom apartment—ideal for additional income or owner-occupancy. Imagine the convenience of living where you work! The property features a spacious restaurant w/ample seating, two bathrooms, full basement, & .77-acre lot that offers additional parking & patio space. Sale includes all current equipment and a valuable liquor license, making it an unbeatable investment opportunity. Possibilities here are endless! While the property is priced "as-is," there's potential for rezoning, opening doors to a wide array of business ventures. Whether you’re looking to revive this iconic establishment, take advantage of the apartment rental possibilities, or launch your next business venture in a prime location, this property has it all. Don’t miss out on this unique chance to own a piece of local history (offered for sale for the 1st time in over 50 years) w/incredible potential. Call today to schedule your private tour!

FOR SALE DETAILS

PRICE

$299,500 USD

PRICE/SF

$238 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Specialty

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

-

YEAR BUILT

1920

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

430

APN/PARCEL ID

10-00-013-000-107

ASK ABOUT THIS PROPERTY

Adrian FrederickColdwell Banker Schmidt RealtyMore Info
440-537-4686

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Adrian FrederickColdwell Banker Schmidt RealtyMore Info
440-537-4686

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.