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    1591 State Route 45 Austinburg, OH 44010

    Sponsored
    For Sale
    $999,000

    COMMERCIAL - Austinburg, OH

    Lot size:
    9.99 Acres
    Days on Market:
    47
    Last Refresh:
    Jan 5 at 3:06 pm

    Property Features for 1591 State Route 45

    General Information

    Special listing conditions
    Standard, Auction
    Property type
    Commercial Sale
    Property subtype
    Other
    TransactionType
    Standard, Auction
    Standard status
    Active
    APN
    070080002600
    Parking
    50
    Lot size
    9.99 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Natural Gas, Forced Air
    Cooling system
    Ceiling Fan(s)
    Water source
    Well, Public

    Building Details

    Year built
    1987

    Russell Real Estate Services (440) 268-9491 [email protected]

    Listing agent Marco Marinucci (440) 487-1878 License #2010000501

    Listing date Nov 20, 2025

    Copyright © 2026 MLS Now. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Restaurant and Wedding Venue Auction

    Offered for sale is a 7,512 square foot restaurant established in 1987, along with a main home that has been used for weddings and private dinners. The property, situated on 9.99 acres, includes city water and sewer, and experiences high traffic. Formerly the Defina Auction Hall, the restaurant is a well-established business with an existing client base, and is equipped to continue operations. The home features old-world charm with new-world elegance. The stone foundation was sourced from the creek on the property. Unique features include a hand-dug wine cellar with an architectural glass floor for viewing from the first floor, a custom stained glass entry door, a marble Italianate fireplace casing, a double-tier bronze Tiffany chandelier, custom aquariums and library casings, a fully remodeled second-floor bath, recessed lighting upstairs, and a wrap-around porch and patio with Koi ponds and a walkway to a bocci court. The property was part of a movie called Harvest Home starring Betty Davis. The property is being sold as-is.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Wedding venues

    Suggested Use

    Restaurant Spa & Massage Building Supply Wholesale Shop Hair Salon Auto Repair Shop Nail Salon Auto Parts Store Hotel & Motel Kitchen & Bath

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Austinburg
    County
    Ashtabula
    State
    Ohio
    Longitude
    -80.856626
    Latitude
    41.767738

    Nearby Similar for Sale

    • $1,500,000
      3.21 Acres

      Redevelopment Opportunity Near Interstate 90

      Land with utilities, ideal for fast food, hotels, auto services.
      1851 S Broadway, Austinburg, OH 44041
      View Details

    FAQs

    What type of property is this?
    Restaurant - Established restaurant and wedding venue on 9.99 acres for sale.
    Where is this restaurant located?
    The property is located at 1591 State Route 45 Austinburg, OH.
    What is the asking price?
    The asking price for this property is $999,000.
    What are key features of this property?
    This property features: - Established, operating restaurant with existing clientele included.; - Two parcels included: restaurant and a residential home on 9.99 acres.; - Unique Features: Hand-dug wine cellar with glass floor, custom stained glass, marble fireplace, Tiffany chandelier, Koi ponds, and bocci court.
    (440) 487-1878
    Request Owner's contact information
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    Austinburg, OH 44010
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1591 State Route 45 Austinburg, OH 44010
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