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Freestanding Restaurant with Liquor License
For Lease
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21467 Lorain Road, Fairview Park, OH 44126

Restaurant space includes FF&E, a liquor license, and parking arrangements for nighttime overflow.

Space Size2,400 SF
Days on Market152

Property Features for 21467 Lorain Road

General Information

Standard status Active
Size 2,400 SF
Property subtype Retail

Building Details

Building Size 2,400 SF
Tenancy Single

Spaces For Lease

at 21467 Lorain Road Contact us

21467 $20/SF/Yr

Size
2,400 SF
Type
Retail
Availability
Active
Contact us
Listing Agency: Coldwell Banker Commercial Emmco Realty Group
Listed By: Mike McDowell · License #OH
Source: Crexi
Added: Apr 2 Changed: Aug 30 Last Checked: Aug 30 at 3:50PM

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

Investment Insights

Based on property information with market context.

This freestanding restaurant property on Lorain Road includes furniture, fixtures, and equipment, along with a liquor license. The site provides 15 parking spaces, supplemented by agreements with neighboring properties for nighttime overflow parking.

The property has 100 feet of frontage along Lorain Road in Fairview Park. The community is positioned north of the I-480 and I-71 interchange, with access to I-90 and connections to Cleveland, Westlake, North Olmsted, Rocky River, Lakewood, and Brook Park. The existing restaurant configuration and included equipment provide a defined commercial setting for restaurant operations.

Key Highlights

  • Freestanding restaurant property on Lorain Road
  • 100 feet of frontage along Lorain Road
  • 15 parking spaces on site

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Real Estate Agency Pharmacy Auto Repair Shop (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.

Lease Details

NNN (Triple Net)
Lease Type
$3.00 /SF/Yr
CAM

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 - Restaurant space includes FF&E, a liquor license, and parking arrangements for nighttime overflow.
Where is this conventional restaurant located?
The property is located at 21467 Lorain Road Fairview Park, OH.
What is the lease rate?
The lease rate is $20 SF/Yr.
What are key features of this property?
This property features: Freestanding restaurant property on Lorain Road; 100 feet of frontage along Lorain Road; 15 parking spaces on site
(216) 292-3700 Call to check price and availability
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