Free-Standing Restaurant
For Sale
Contact for pricing
1519 West River Rd North, Elyria, OH 44035
Vacant second-generation restaurant on a hard-corner intersection with substantial parking and two curb cuts for flexible use.
Property Size10,583 SF
Lot Size3.67 Acres
Price / SF$14.17
Days on Market52
Property Features for 1519 West River Rd North
General Information
Standard status
Active
Size
10,583 SF
Class
B
Total Parking Spaces
188
Lot size
3.67 Acres
Property subtype
Retail
Zoning
Commercial District
Investment Type
Value Add
Site & Location
Traffic Count
19,000 vehicles/day
Highway Access
Yes
Road Access
Yes
Building Details
Year Built
2004
Stories
1
Listing Agency:
Marcus & Millichap - Fort Lauderdale
Listed By:
Philip Kates · License #FL 3235872
Source:
Crexi
Added: Jun 19
Changed: Aug 8
Last Checked: Aug 7 at 10:36AM
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 Marcus & Millichap - Fort Lauderdale
Investment Insights
Based on property information with market context.
The property is a vacant, free-standing, second-generation restaurant/retail building constructed in 2004. It contains a single-story structure and is offered with existing restaurant infrastructure, positioned for an owner-user, investor, or developer seeking an operational footprint. The site is housed on a hard-corner intersection and includes 188 surface parking spaces, providing parking capacity that exceeds typical restaurant and retail needs. Access is supported by two dedicated curb cuts, including entry from both West River Road and Ford Road.
The property is located in Elyria, Ohio at the signalized intersection of West River Road North and Ford Road. It offers prominent frontage and convenient, efficient ingress and egress for customers, employees, and service vehicles. The listing notes nearby retail anchors and national tenants in the immediate trade area, and the property sits across from Midway Mall. The corridor is described as heavily traveled, with traffic counts cited for West River Road North (36,800+ VPD) and major regional routes including the Ohio Turnpike/I-80 (52k+ VPD), I-90 (over 55k VPD), and SR-57.
Zoned Commercial District, the property is described as permitting a broad range of retail, commercial, service, residential, and mixed-use applications. It is being marketed as a value-add opportunity to re-lease the space, with the remarks citing CoStar-estimated rents of $14–$16/SF NNN Retail. With the combination of existing improvements, ample parking, and adaptable zoning, the site may also support redevelopment or adaptive reuse scenarios.
The property is located in Elyria, Ohio at the signalized intersection of West River Road North and Ford Road. It offers prominent frontage and convenient, efficient ingress and egress for customers, employees, and service vehicles. The listing notes nearby retail anchors and national tenants in the immediate trade area, and the property sits across from Midway Mall. The corridor is described as heavily traveled, with traffic counts cited for West River Road North (36,800+ VPD) and major regional routes including the Ohio Turnpike/I-80 (52k+ VPD), I-90 (over 55k VPD), and SR-57.
Zoned Commercial District, the property is described as permitting a broad range of retail, commercial, service, residential, and mixed-use applications. It is being marketed as a value-add opportunity to re-lease the space, with the remarks citing CoStar-estimated rents of $14–$16/SF NNN Retail. With the combination of existing improvements, ample parking, and adaptable zoning, the site may also support redevelopment or adaptive reuse scenarios.
Key Highlights
- Vacant, free‑standing second‑generation restaurant/retail building built in 2004 (10,583 SF).
- Located on a 3.6726‑acre parcel at the hard‑corner intersection of West River Road North and Ford Road.
- Two dedicated curb cuts with access from both West River Road and Ford Road for efficient ingress/egress.
Property Analytics
Property Profile
Current Use
Lease Details
19,000 VPD
Traffic count
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
529
Businesses Nearby
16k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 89%
Dining 11%
Family Dollar
Shops & Services
6,278 visits/mo
0.2 miles
Sunoco
Shops & Services
4,561 visits/mo
0.2 miles
Marathon
Shops & Services
3,016 visits/mo
0.5 miles
SUBWAY
Dining
1,722 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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Vacant second-generation restaurant on a hard-corner intersection with substantial parking and two curb cuts for flexible use.
Where is this conventional restaurant located?
The property is located at 1519 West River Rd North Elyria, OH.
What is the asking price?
The asking price for this property is $150,000.
What are key features of this property?
This property features: Vacant, free‑standing second‑generation restaurant/retail building built in 2004 (10,583 SF).; Located on a 3.6726‑acre parcel at the hard‑corner intersection of West River Road North and Ford Road.; Two dedicated curb cuts with access from both West River Road and Ford Road for efficient ingress/egress.
