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Former Restaurant Building with Newer Roof
For Sale
$44,500,011

517 Griswold Road, Elyria, OH 44035

Former Country Kitchen building with ample parking and a newer roof; major renovation is required for most uses.

Property Size3,800 SF
Price / SF$11,710
Days on Market1095

Property Features for 517 Griswold Road

General Information

Standard status Active
Size 3,800 SF
Property subtype Redevelopment, Restaurant, Retail

Additional Details

Highway Access Yes
Listing Agency: Hoff & Leigh
Listed By: Joe Zumpano · License #SAL.2015004596
Source: Hoffleigh
Added: Aug 11, 2023 Changed: Jul 10 Last Checked: Aug 9 at 4:26AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Hoff & Leigh

Investment Insights

Based on property information with market context.

This property is a former Country Kitchen restaurant building within the surrounding retail area of Midway Mall. The building has a newer roof and offers ample parking, but a major renovation is needed to bring the space to current tenant or operational standards.

Located at 517 Griswold Road in Elyria, Ohio, the property is positioned near major highways and other national retailers. That broader retail and traffic context can be relevant for users looking for visibility within a shopping-centered setting.

Because the building requires significant renovation, it is best suited for operators, developers, or investors who can scope and execute improvements as part of their plan. The existing restaurant building configuration may appeal to a food service concept looking for a ground-up refresh, while other retail or service uses should evaluate feasibility during due diligence. For additional details, review materials with your team and contact the listing broker.

Key Highlights

  • Former Country Kitchen restaurant building in the Midway Mall retail area
  • Ample on‑site parking
  • Newer roof

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Real Estate Agency Hair Salon Electrical Service HVAC Service Bakery (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

417
Businesses Nearby
282k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Dining 53% Shops & Services 31% Groceries 8% Apparel 4%
GetGo Gas Station Shops & Services
40,025 visits/mo 0.4 miles
Marc's Groceries
22,641 visits/mo 0.2 miles
McDonald's Dining
22,335 visits/mo 0.2 miles
Olive Garden Dining
17,334 visits/mo 0.3 miles
Chipotle Mexican Grill Dining
14,258 visits/mo 0.3 miles

Demographics for 44035, OH

61,921
Population
29,637
Households
2.1
Avg Household Size
42
Median Age
17%
College-Educated
88%
High-School Grad
47.6 sq mi
ZIP Area
1,301
Density / Sq Mi
$54,362
Median Household Income
$38,493
Median Earnings
$871
Median Rent
$147,600
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Former Country Kitchen building with ample parking and a newer roof; major renovation is required for most uses.
Where is this conventional restaurant located?
The property is located at 517 Griswold Road Elyria, OH.
What is the asking price?
The asking price for this property is $44,500,011.
What are key features of this property?
This property features: Former Country Kitchen restaurant building in the Midway Mall retail area; Ample on‑site parking; Newer roof
More about this property
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