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Restaurant Property with Expansion Parcels
For Sale
$650,000

5348 E Lake Rd, Sheffield Lake, OH 44054

Existing bar and grill operation is included with the real estate and five-parcel assemblage.

Property Size8,508 SF
Lot Size1.88 Acres
Price / SF$76.40
Days on Market175

Property Features for 5348 E Lake Rd

General Information

Standard status Active
Size 8,508 SF
Lot size 1.88 Acres

Additional Details

Business Included Yes

Building Details

Year Built 1996
Listing Agency: Russell Real Estate Services
Listed By: Molly Szafran · License #2019002806
Source: Theacclaimedrealty
Added: Apr 24 Changed: Oct 7 Last Checked: Oct 7 at 2:41PM

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 Russell Real Estate Services

Investment Insights

Based on property information with market context.

The property includes a 9,000-square-foot restaurant and bar operation occupied by Pez'z Bar N Grill. The sale encompasses both the real estate and the operating business, providing an established commercial asset with an existing food-and-beverage use.

Located at 5348 E Lake Rd in Sheffield Lake, Ohio, the assemblage consists of five parcels totaling 1.88 acres. Vacant parcels are included alongside the operating property and may support expansion or other future property uses.

Key Highlights

  • 9,000‑square‑foot restaurant and bar property
  • Sale includes Pez'z Bar N Grill business and real estate
  • Five‑parcel assemblage totaling 1.88 acres

Property Analytics

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Current Use

Conventional restaurants

Suggested Use

Top Pick Law Firm Restaurant Pharmacy Hair Salon Dental Office Spa & Massage Center

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

Location Intelligence

Trade Area within ½ mile

121
Businesses Nearby
595
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 100%
Public Storage Shops & Services
595 visits/mo 0.1 miles

Demographics for 44054, OH

12,484
Population
6,059
Households
2.1
Avg Household Size
44
Median Age
25%
College-Educated
96%
High-School Grad
12.5 sq mi
ZIP Area
999
Density / Sq Mi
$73,151
Median Household Income
$47,207
Median Earnings
$1,059
Median Rent
$177,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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 - Existing bar and grill operation is included with the real estate and five-parcel assemblage.
Where is this conventional restaurant located?
The property is located at 5348 E Lake Rd Sheffield Lake, OH.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: 9,000‑square‑foot restaurant and bar property; Sale includes Pez'z Bar N Grill business and real estate; Five‑parcel assemblage totaling 1.88 acres
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