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    Willoughby, OH Conventional Restaurants for Sale

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    Eastlake, OH Mentor, OH Kirtland, OH
    Restaurant Investment in Downtown Willoughby
    $2,800,000
    8,700 SF
    Restaurant Investment in Downtown Willoughby

    3941 Erie Street, Willoughby, OH 44094

    8,700 SF modern building in a prime location.
    • Prime location in Historic Downtown Willoughby, a destination for restaurants, bars, shopping, and entertainment.
    • New single tenant asset with a 10‑year lease.
    • Modern 8,700 SF two‑story building constructed in 2016.
    • High visibility on Erie Street off of Route 20 near a high traffic intersection.
    • Located adjacent to the Chagrin River.
    Updated: Mar 17, 2025
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    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Willoughby, 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.

    Historic Two-Story Bank Building
    $375,000
    8,385 SF
    Historic Two-Story Bank Building

    Historic brick bank building with on-site parking and LR zoning for retail, restaurant, office, and mixed residential use.

    15619 Waterloo Road, Cleveland, OH 44110

    View details
    Little Italy Restaurant and Bar
    $398,000
    Little Italy Restaurant and Bar

    Turn-key restaurant and bar in Little Italy neighborhood.

    12308 Mayfield Rd, Cleveland, OH 44106

    View details
    Two-Building Asset For Sale
    $695,000
    6,350 SF
    Two-Building Asset For Sale

    Two-building asset with restaurant and automotive tenants in Warrensville Heights.

    22019 Emery Rd, Warrensville Heights, OH

    View details
    Two-Building Asset in Warrensville Heights
    $695,000
    6,350 SF
    Two-Building Asset in Warrensville Heights

    Two-building asset leased to Georgio’s Pizza and Starr Automotive.

    22019 Emery Rd, Warrensville Heights, OH 44128

    View details

    Willoughby, OH Conventional Restaurants Market Trends and Statistics

    Explore 1 conventional restaurants for sale in Willoughby, OH on our real estate platform. These investment opportunities span a total of 8,700 square feet of properties for sale, with an estimated market value of $2,800,000.

    Sale prices for conventional restaurants in Willoughby, OH start at $2,800,000, averaging $2,800,000, and reaching up to $2,800,000 — 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 1
    Drive through restaurants 1

    Demographics Overview

    Population 69K
    Population Growth (5Y) +0.1%
    Median Household Income $73,143
    College Educated 20.8%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    44094 $2.8M

    Taxes & Financing

    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Lake County

    New Delisted

    Property Size Breakdown

    The majority of commercial real estate listings in Willoughby fall within the 50,000 to 100,000 square foot range.

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