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Freestanding Retail and Restaurant Building
For Sale
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Pending

21280 Lorain Rd, Fairview Park, OH 44126

Renovated freestanding building with on-site parking and permitted exterior seating, currently operating as a licensed food service use.

Property SizeContact for details
Days on Market142

Property Features for 21280 Lorain Rd

General Information

Standard status Pending
Property subtype Retail

Building Details

Year Renovated 2017
Listing Agency: Russell Commercial Advisory
Listed By: John Tillery · License #2012002842
Source: Crexi
Added: Apr 11 Changed: Aug 14 Last Checked: Aug 28 at 8:16PM

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 Russell Commercial Advisory

Investment Insights

Based on property information with market context.

Recently renovated in 2017, this freestanding building includes a parking lot and is currently used for food service and licensed by the Cuyahoga County Board of Health. The interior was stripped down to cinder blocks and reframed/drywalled, with one unisex ADA bathroom. Improvements also include a new 3-ton HVAC system with duct work, a new 200-amp electrical panel, and new wiring.

The property sits in a prime section of Lorain Road in downtown Fairview Park and is directly across the street from the Cuyahoga County Public Library and Fairview Park High School.

While the operating business is not for sale, a deed restriction will accompany the sale restricting the retail use of the shaved ice and snow cones business operations for a period of six years. The exterior includes a rustic reclaimed Ohio barn-wood finish and an exterior seating area that was established and permitted by the City of Fairview Park.

Key Highlights

  • Recently renovated (2017) freestanding building with on‑site parking on Lorain Road in downtown Fairview Park
  • Currently licensed by the Cuyahoga County Board of Health and operating as a food service use
  • Permitted exterior seating area established by the City of Fairview Park

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Real Estate Agency Auto Repair Shop Auto Parts Store (Bike/Boat/Book/etc) Store Bakery Electrical Service

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

Location Intelligence

Trade Area within ½ mile

625
Businesses Nearby
Under-served
Demand for This Use

Demographics for 44126, OH

17,235
Population
8,099
Households
2.1
Avg Household Size
43
Median Age
47%
College-Educated
96%
High-School Grad
4.5 sq mi
ZIP Area
3,830
Density / Sq Mi
$77,944
Median Household Income
$49,851
Median Earnings
$966
Median Rent
$225,800
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
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Renovated freestanding building with on-site parking and permitted exterior seating, currently operating as a licensed food service use.
Where is this conventional restaurant located?
The property is located at 21280 Lorain Rd Fairview Park, OH.
What are key features of this property?
This property features: Recently renovated (2017) freestanding building with on‑site parking on Lorain Road in downtown Fairview Park; Currently licensed by the Cuyahoga County Board of Health and operating as a food service use; Permitted exterior seating area established by the City of Fairview Park
More about this property
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