Restaurant Space in Strongsville

14952 Pearl Rd, Cleveland, OH 44136

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For Sale

$990,000

Restaurant space with liquor license and outdoor patio for sale.

Type:Retail

Property size:

6,869 SF

Price / SF:

$144/SF

HighLights

Includes all FF&E, Liquor License, and Existing Business
Located in high‑traffic Pearl Road Retail Corridor
Large outdoor patio and bar
High average household income ($100,550) within a 5‑mile radius
Excellent visibility with monument sign on Pearl Rd.
Located in Strongsville, a fast‑growing community with strong demographics

We can help!

Contact an agent

Mike McDowell

For Sale

$990,000

Restaurant space with liquor license and outdoor patio for sale.

Type:Retail

Property size:

6,869 SF

Price / SF:

$144/SF

Added:: Dec 3, 2025
Days on Market:: 216
Last Refresh:: Apr 5 at 8:23 pm

Property Features for 14952 Pearl Rd

General Information

Standard status: Active
Size: 6,869 SF
Property subtype: Retail

Building Details

Year Built: 1967

We can help!

Contact an agent

Mike McDowell

Listing office Coldwell Banker Commercial Emmco Realty Group

Listing date Dec 3, 2025

Source Cbcworldwide

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 Coldwell Banker Commercial Emmco Realty Group

HighLights

Includes all FF&E, Liquor License, and Existing Business
Located in high‑traffic Pearl Road Retail Corridor
Large outdoor patio and bar
High average household income ($100,550) within a 5‑mile radius
Excellent visibility with monument sign on Pearl Rd.
Located in Strongsville, a fast‑growing community with strong demographics

Overview

This 6,869 square-foot property includes 4,113 square feet of former restaurant space, situated on 0.97 acres in Strongsville's Pearl Road Retail Corridor. The sale includes all furniture, fixtures, and equipment, a liquor license, and the existing business. The space breakdown includes a restaurant area and an 812 square-foot storage or party room. The property features a large outdoor patio and bar. Located in a high-traffic, convenient location, the property benefits from excellent visibility, including a monument sign on Pearl Road. The average household income within a 5-mile radius is $100,550, with a population of 130,705 in the same radius. This is a business opportunity in Strongsville, a vibrant suburb of Cleveland, Ohio.

Local Financial Insights For Specialty Retail

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$123.6k	$18.00
− Vacancy	−$8.7k	−$1.26
EGI	$115.0k	$16.74
− OpEx	−$28.7k	−$4.19
NOI	$86.2k	$12.56

6,869 SF · lease $18.00/SF/yr · vacancy 7.00% · expense 25.00%

Alternative Uses

Best Use

Specialty Retail

$1.23M

$1.08M – $1.44M (±1% cap)

NOI $86,240 @ 7.0% cap · market cap 8.71%

Second Best

Retail

$942.8K

$824.9K – $1.10M (±1% cap)

NOI $65,994 @ 7.0% cap · market cap 6.67%

Theoretical Best

Office A

$1.68M

$1.47M – $1.96M (±1% cap)

NOI $117,338 @ 7.0% cap · market cap 11.85%

Zoning and permitted uses should be independently verified with local authorities.

Property Profile Location Intelligence

Current Use by Public Records

Professional Driving School Training Center Gino’s more than ... Restaurant

Suggested Use

Similar Places Nearby

Melendez Catering Services, LLC — 3600 Biddulph Ave, Cleveland, OH 44109
Kim's Catering — 6020 Memphis Ave, Cleveland, OH 44144
Jockos Inc — 4298 State Rd, Cleveland, OH 44109
Bella Catering & Events — 3600 Biddulph Ave, Cleveland, OH 44109

Location Insight

Map
Local Demand

City: Cleveland
County: Cuyahoga
State: Ohio
Longitude: -81.8356
Latitude: 41.3065

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For sale
Restaurants
OH
Cleveland
44136
14952 Pearl Rd

What type of property is this?

Restaurant - Restaurant space with liquor license and outdoor patio for sale.

Where is this restaurant located?

The property is located at 14952 Pearl Rd Cleveland, OH.

What is the asking price?

The asking price for this property is $990,000.

What are key features of this property?

This property features: Includes all FF&E, Liquor License, and Existing Business; Located in **high‑traffic Pearl Road Retail Corridor**; **Large outdoor patio and bar**