Fully Renovated Restaurant
28926 Euclid Avenue Wickliffe, OH 44092
28926 Euclid Avenue, Wickliffe, OH, 44092
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For Sale
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Fully renovated restaurant property with commercial kitchen, banquet space, and a covered outdoor patio with full bar.
Property Size7,000 SF
Price / SF$96.43
Days on Market40
Property Features for 28926 Euclid Avenue
General Information
- Standard status
- Active
- Size
- 7,000 SF
- Property subtype
- Retail
Building Details
- Year Built
- 1966
Listing agency
Berkshire Hathaway HomeServices Professional Realty Mason
(440) 346-2031
Listed by
David Mussari · License #BRKP.2007001761
Source
Crexi
Added: Jun 12 Updated: Jul 20 at 5:16PM Checked: Jul 21 at 1:16PM
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 Berkshire Hathaway HomeServices Professional Realty Mason
Investment Insights
Based on property information with market context.
A fully renovated restaurant building currently operating as Casa Di Vino Italian Restaurant. The property includes a commercial kitchen with a full appliance package and two expansive walk-in coolers, plus banquet hall space and an outdoor covered patio with a full bar. Additional improvements include six remodeled bathrooms, supporting a turnkey food-and-beverage operation.
The property is located on Euclid Avenue in Wickliffe, OH, and offers over 30 parking spaces for guests and staff.
Also included is a D-5L liquor license, which aligns with the on-site full bar and beverage service operations.
The property is located on Euclid Avenue in Wickliffe, OH, and offers over 30 parking spaces for guests and staff.
Also included is a D-5L liquor license, which aligns with the on-site full bar and beverage service operations.
Key Highlights
- Fully renovated 7,000+ SF commercial building built in 1966
- Restaurant setup includes a commercial kitchen with full appliance package and 2 expansive walk‑in coolers
- Banquet hall and outdoor covered patio space with a full bar
Local Financial Insights For Industrial
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $40.0k | $5.71 |
| − Vacancy | −$1.5k | −$0.21 |
| EGI | $38.5k | $5.50 |
| − OpEx | −$11.5k | −$1.65 |
| NOI | $26.9k | $3.85 |
7,000 SF · lease $5.71/SF/yr · vacancy 3.70% · expense 30.00%
Alternative Uses
Best Use
Specialty Retail
$1.07M
$939.1K – $1.25M
NOI $75,128 @ 7.0% cap · market cap 11.13%
Second Best
Industrial
$384.9K
$336.8K – $449.1K
NOI $26,944 @ 7.0% cap · market cap 3.99%
Theoretical Best
Office A
$1.62M
$1.41M – $1.89M
NOI $113,172 @ 7.0% cap · market cap 16.77%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Conventional restaurants
Similar For Sale Nearby
FAQs
What type of property is this?
Conventional restaurant - Fully renovated restaurant property with commercial kitchen, banquet space, and a covered outdoor patio with full bar.
Where is this conventional restaurant located?
The property is located at 28926 Euclid Avenue Wickliffe, OH.
What is the asking price?
The asking price for this property is $675,000.
What are key features of this property?
This property features: Fully renovated 7,000+ SF commercial building built in 1966; Restaurant setup includes a commercial kitchen with full appliance package and 2 expansive walk‑in coolers; Banquet hall and outdoor covered patio space with a full bar
