Property profile

29303 Euclid Ave Wickliffe, OH 44092

FOR SALE
Turn key restaurants
Property ID
US66-2744208
5,784 SF 0.8 ac lot Built 1986
Individually Owned 16-yr Hold Free & Clear
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Property summary

AI-generated overview

A long-established restaurant property associated with Petti’s Pizza & Ristorante, located at 29303 Euclid Avenue in Wickliffe, Ohio, on a 0.8-acre parcel and positioned for steady traffic exposure in western Lake County. The offering included D2, D2X, D3, and D6 Ohio liquor licenses. The most recent equipment updates noted were a replaced dishwasher and compressor(s) for freezer equipment in 2023, with additional compressor updates for other freezers. The real estate and associated business were previously held under the same ownership, and the property was described as being capable of being sold separately from the business, with zoning information and additional documentation (including photos, a building sketch, and an equipment list) available as part of an information packet.

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

Current use

Occupant on record · Public records
  • Restaurant
  • Storage Facility

Location

29303 Euclid Ave Wickliffe, OH 44092
Wickliffe metro Census 200600 CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$255k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$255k

Owner & transaction history

since 2010
1 recorded transaction
2010
Price N/A

Zoning & alternative use

GB · Wickliffe, OH
Zoning description

$1f

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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