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Restaurant for Sale
For Sale
$1,550,000

24945 Detroit Road, Westlake, OH 44145

Commercial restaurant property for sale near the intersection of Detroit and Columbia in Cuyahoga County.

Property SizeContact for details
Days on Market52

Property Features for 24945 Detroit Road

General Information

Standard status Active
Total Parking Spaces 108
Net Operating Income $109,080

Taxes and HOA fees

Annual Taxes $18,626

Amenities

Forced Air
Parking Lot

Building Details

Year Built 1939
Listing Agency: W.W. Reed & Son Real Estate
Listed By: Steve Kuri · License #413271
Source: Evrealestate
Added: Jul 11 Changed: Aug 23 Last Checked: Aug 30 at 2:54PM

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 W.W. Reed & Son Real Estate

Investment Insights

Based on property information with market context.

This commercial real estate offering is a restaurant property available for sale. It is presented under the Conventional restaurants and Restaurants property types.

The property is located at 24945 Detroit Road in Westlake, Ohio 44145, near the intersection of Detroit and Columbia in Cuyahoga County.

Key Highlights

  • Commercial restaurant property near the intersection of Detroit and Columbia in Cuyahoga County
  • Forced air heating
  • Parking lot parking

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Big Box & Wholesale Store Auto Repair Shop Restaurant Auto Parts Store Electrical Service HVAC 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

877
Businesses Nearby
Under-served
Demand for This Use

Demographics for 44145, OH

34,228
Population
15,781
Households
2.2
Avg Household Size
47
Median Age
58%
College-Educated
96%
High-School Grad
15.9 sq mi
ZIP Area
2,153
Density / Sq Mi
$110,101
Median Household Income
$63,385
Median Earnings
$1,480
Median Rent
$336,100
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
Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Commercial restaurant property for sale near the intersection of Detroit and Columbia in Cuyahoga County.
Where is this conventional restaurant located?
The property is located at 24945 Detroit Road Westlake, OH.
What is the asking price?
The asking price for this property is $1,550,000.
What are key features of this property?
This property features: Commercial restaurant property near the intersection of Detroit and Columbia in Cuyahoga County; Forced air heating; Parking lot parking
More about this property
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