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    4121 Erie St Willoughby, OH 44094

    For Sale
    $1,150,000

    SINGLE_FAMILY - Willoughby, OH

    Type:Retail
    Lot size:
    0.10 Acres
    Days on Market:
    139
    Last Refresh:
    Dec 15 at 12:06 am

    Property Features for 4121 Erie St

    General Information

    Property type
    Residential
    Property subtype
    Retail
    Standard status
    Active
    Rooms
    Basement
    APN
    27-A-030-A-00-012-0
    Lot size
    0.10 Acres

    Utilities

    Heating system
    Natural Gas

    Building Details

    Year built
    1899

    HomeSmart Real Estate Momentum (440) 537-3949 [email protected]

    Listing agent Maureen D Brennan (440) 487-4956 License #2012001380

    Listing date Jul 30, 2025

    Copyright © 2025 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

    Erie Street Retail Opportunity

    Located on Erie Street in Historic Downtown Willoughby, Ohio, this commercial property offers 6055 sq. ft. of space. The property is zoned for a variety of commercial uses including retail, dining, and professional services. Currently, one half of the building is unoccupied, while the other half is occupied by the Hook & Hoof Restaurant. The lot size is approximately 0.1001 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Hess Computer Services ... Accountant

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Willoughby
    County
    Lake
    State
    Ohio
    Longitude
    -81.406349
    Latitude
    41.64023

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    FAQs

    What type of property is this?
    Retail space - Commercial property in Historic Downtown Willoughby, ideal for retail or dining.
    Where is this retail space located?
    The property is located at 4121 Erie St Willoughby, OH.
    What is the asking price?
    The asking price for this property is $1,150,000.
    What are key features of this property?
    This property features: - Prime location on Erie Street in Historic Downtown Willoughby.; - 6055 sq. ft. of commercial space with endless possibilities.; - Zoned for Retail, Dining, and Professional Services.
    (440) 487-4956
    Request Owner's contact information
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    Willoughby, OH 44094
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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
    4121 Erie St Willoughby, OH 44094
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