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Property profile & analytics
FOR SALE
Turn key restaurants

29303 Euclid Ave Wickliffe, OH 44092

5,784 SF 0.8 ac lot Built 1986
Individually Owned 16-yr Hold Free & Clear
Property ID
US66-2744208
Property summary
AI-generated overview

This exceptional turn-key opportunity presents a well-established, family-owned Italian restaurant and its accompanying real estate in the thriving Wickliffe, OH market. Petti's Pizza & Ristorante, a beloved local landmark since the 1960s, boasts a consistent track record of success, attracting loyal regulars and new customers alike with its commitment to quality food and service at reasonable prices. The 5,784 square foot building, constructed in 1986 specifically for the restaurant, features an efficient floor plan, seating over 100 indoors and an additional 25 on the patio. Situated on a highly visible .8-acre lot (approximately 151 x 257 feet) with ample parking, the property benefits from steady traffic exposure in a Town Center District (TC) zoning. Recent upgrades include a new roof (2019), new AC units (2023), recent electrical updates (2023), a new dishwasher, and updated compressor units for freezers (2023). The sale includes a valuable D2, D2X, D3 & D6 liquor license. Wickliffe's point of sale requirements have been met. This is a unique opportunity to acquire both a thriving business and its prime real estate location, all in one package. A detailed information packet, including photos, building sketches, zoning details, equipment lists, and more, is available upon request.

Property profile
Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1986
Construction WOOD
Total area 5,784 SF
Lot 0.8 ac (35,000 SF)
Zoning code GB
APN 29-A-004-E-00-034-0
UPID US66-2744208
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Joseph Siciliano · 16 yrs held
Joseph Siciliano
since 2010
1 recorded transaction
2010
Price N/A
Zoning & alternative use
GB · Wickliffe, OH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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