8741 W Ridge Rd - Bar FOR SALE


Elyria, OH 44035
$435,000 USD
440-506-0414
8741 W Ridge Rd, Elyria, OH for Sale
$435,000 USD
Bar - FOR SALE
1/29
null | Request Cap Rate

8741 W Ridge Rd
Elyria, OH 44035


HIGHLIGHTS

  • New Roof and Parking Lot
  • Newer Equipement

OVERVIEW

Here is your chance to have your own Bar/Lounge/Restaurant. Ready for a new owner, this stand alone neighborhood bar, "The Pub" is practically turn key and ready for business. The Roof has been recently replaced and the 80 space parking lot was re done, plus new landscaping. The owner has purchased and updated much of the equipment in the kitchen, including freezers, flat top, broiler and grill. The D-5 Liquor license can transfer and possibly be upgraded to a D-6 in the future. The possibilities are endless with this building, there are 2 handicap accessible ramps, updated bathrooms, and a finished basement with outside access for private parties. "The Pub" was a very popular place and was famous for its Karaoke and dart leagues. The building is in a diverse neighborhood including 2 new developments, multiple condos and hundreds of apartments. This property is FOR SALE ONLY, NO leasing, NO owner financing.

FOR SALE DETAILS

PRICE

$435,000 USD

PRICE/SF

$165 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Bar

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1964

SPRINKLERS

-

PARKING SPACES

80

LAND DETAILS

LAND ACRES

1.03 AC

LAND SF

44,867 SF

ZONING

Commercial

APN/PARCEL ID

06-24-003-104-002

ASK ABOUT THIS PROPERTY

Michael HignettNorthern Ohio RealtyMore Info
440-506-0414

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Michael HignettNorthern Ohio RealtyMore Info
440-506-0414

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