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Restaurant Space with Bar Area
For Lease
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1572 W 117th St, Lakewood, OH 44107

Full restaurant buildout includes a high-capacity dining room, bar area, and lower-level space suited for private events.

Space Size5,198 SF
Days on Market157

Property Features for 1572 W 117th St

General Information

Standard status Active
Size 5,198 SF
Property subtype Retail

Additional Details

Business Included Yes
Highway Access Yes

Building Details

Building Size 5,198 SF
Tenancy Single

Spaces For Lease

at 1572 W 117th St Contact us

Available Space

Size
5,198 SF
Type
Retail
Availability
Active
Contact us
Listing Agency: Hoff & Leigh Fairlawn
Listed By: Cole Kroneker · License #SAL.2024000334
Source: Crexi
Added: Apr 2 Changed: Aug 14 Last Checked: Sep 1 at 11:48AM

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 restaurant space is designed for full operations, featuring a high-capacity dining room, dedicated bar area, and a lower-level layout that can support private events or expanded operations. The building includes full restaurant infrastructure and equipment in place, along with a brand new roof and well maintained mechanicals.

Positioned just seconds from the Interstate 90/W. 117th interchange, the property captures commuter traffic and benefits from nearby dense residential rooftops described as Lakewood’s Gold Coast. Additional access and reinvestment are highlighted with ongoing transit improvements at the West 117th–Madison Station and broader I-90 corridor reinvestment.

Overall, the space is presented as a turn-key restaurant option with meaningful site and building upgrades to help reduce upfront capital expenditures compared to many second-generation restaurant spaces.

Key Highlights

  • Over 5,000 SF of usable space with full restaurant infrastructure and equipment in place
  • Restaurant includes a high‑capacity dining room and bar area
  • Lower‑level space suited for private events or expanded operations

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Auto Parts Store Carpet & Flooring Store Home Appliance Store Parking Lot & Garage Storage Facility (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

Turnkey business
Opportunity
Yes
Highway access
NNN (Triple Net)
Lease Type
$1.73 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,777
Businesses Nearby
Under-served
Demand for This Use

Demographics for 44107, OH

51,109
Population
29,101
Households
1.8
Avg Household Size
36
Median Age
54%
College-Educated
95%
High-School Grad
5.4 sq mi
ZIP Area
9,465
Density / Sq Mi
$65,778
Median Household Income
$49,285
Median Earnings
$1,011
Median Rent
$241,400
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 - Full restaurant buildout includes a high-capacity dining room, bar area, and lower-level space suited for private events.
Where is this conventional restaurant located?
The property is located at 1572 W 117th St Lakewood, OH.
What is the lease rate?
The lease rate is $11.54 SF/Yr.
What are key features of this property?
This property features: Over 5,000 SF of usable space with full restaurant infrastructure and equipment in place; Restaurant includes a high‑capacity dining room and bar area; Lower‑level space suited for private events or expanded operations
(216) 302-4338 Call to check price and availability
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