Former Restaurant Building with Newer
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 Market1143
Property Features for 517 Griswold Road
General Information
Standard status
Active
Size
3,800 SF
Property subtype
Redevelopment, Restaurant, Retail
Zoning
Commercial
Additional Details
Highway Access
Yes
Building Details
Building Size
3,800 SF
Listing Agency:
Hoff & Leigh Fairlawn
(330) 940-9360
Listed By:
Joe Zumpano · License #SAL.2015004596
(330) 990-0847
Source:
Hoffleigh
Added: Aug 11, 2023
Changed: Sep 13
Last Checked: Sep 26 at 3:30AM
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 Fairlawn
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.
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
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Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
509
Businesses Nearby
246k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 40%
Dining 33%
Home Improvements & Furnishings 10%
Groceries 9%
GetGo Gas Station
Shops & Services
40,025 visits/mo
0.2 miles
Marc's
Groceries
22,641 visits/mo
0.2 miles
McDonald's
Dining
22,335 visits/mo
0.4 miles
Lowe's
Home Improvements & Furnishings
21,701 visits/mo
0.3 miles
Speedway
Shops & Services
17,023 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
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Market
Vacancy Rate% for Retail in Midwest region
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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
