Conventional Restaurant

Lakewood, OH Conventional Restaurants for Sale

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Cleveland, OH Rocky River, OH Fairview Park, OH Westlake, OH Bay Village, OH Brooklyn, OH Newburgh Heights, OH North Olmsted, OH
Turn-Key Restaurant with Bar
Updated: Apr 2
Turn-Key Restaurant with Bar

1572 W 117th St, Lakewood, OH 44107

$650,000
5,198 sqft
Multi‑level restaurant building with 5,000+ SF total: 2,897 SF main dining/bar level plus 2,599 SF lower‑level event space.
Includes 115+ seat dining area and a full bar, supporting high‑volume restaurant operations.
Turn‑key restaurant infrastructure already in place, including fully built‑out kitchen and bar/dining areas.
New roof scheduled for 2026; mechanicals are well maintained.
On‑site parking: 24 spaces available.
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Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Lakewood, OH, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Buffalo Wild Wings Restaurant
Buffalo Wild Wings Restaurant

5020 Tiedeman Rd, Brooklyn, OH 44144

$3,000,000
5,983 sqft

The property is leased on an absolute NNN basis, with scheduled rental increases during the initial term.

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Freestanding Corporate Restaurant
Freestanding Corporate Restaurant

7320 Northcliff Ave, Brooklyn, OH 44144

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2,375 sqft

Single-tenant Chipotle ground-floor restaurant on a road-fronted outparcel with direct visibility to a major shopping center.

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Drive-Through Restaurant with Equipment
Drive-Through Restaurant with Equipment

15753 Puritas Avenue, Cleveland, OH 44135

$198,000
0.24 AC lot

Seasonal ice cream operation with outdoor seating, commercial kitchen equipment, and a 12-space parking lot.

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Restaurant Building with Full Basement
Restaurant Building with Full Basement

7216 Clark Avenue, Cleveland, OH 44102

$199,900
0.08 AC lot

Restaurant property with a kitchen, full basement, and brick-oven addition.

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Lakewood, OH Conventional Restaurants Market Trends and Statistics

Explore 1 conventional restaurants for sale in Lakewood, OH on our real estate platform. These investment opportunities span a total of 5,198 square feet of properties for sale, with an estimated market value of $650,000.

Sale prices for conventional restaurants in Lakewood, OH average $650,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Conventional restaurants 3
Bars & Pubs 2
Coffee shops 1
Drive through restaurants 1

Demographics Overview

Population 50K
Population Growth (5Y) -0.6%
Median Household Income $65,778
College Educated 73.2%

High-Yield Neighborhoods for Investment

Identify Lakewood submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
44107 $650K

Taxes & Financing

Tax Rate (average for all types) 10.67%
Property Tax per SF $71.84 per SF
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Cuyahoga County

New Delisted

Total CRE Inventory on Market (SF)

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