5348 E Lake Road Sheffield Lake, OH 44054
SINGLE_FAMILY - Sheffield Lake, OH
- Added:
- Mar 27, 2025
- Days on Market:
- 472
- Last Refresh:
- Jul 11 at 7:06 pm
Property Features for 5348 E Lake Road
General Information
- Property type
- Residential
- Property subtype
- Retail
- Rooms
- Basement
- Parking features
- Parking Lot
- Standard status
- Active
- APN
- 03-00-033-104-012
- Lot size
- 1.33 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Description
- 42 X 251.70
- Tax Annual Amount
- 15324
Utilities
- Sewer type
- Public Sewer
- Heating system
- Forced Air, Natural Gas
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1996
- Floors in Building
- 1
- Roof type
- Asphalt, Fiberglass
Listing agent Molly Szafran License #2019002806 (440) 822-8265
Listing office Russell Real Estate Services 36178 Center Ridge Road, Strongsville, OH (440) 327-6511
Listing date Mar 27, 2025
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Investment Insights
Based on property information with market context.
Located at 5348 E Lake Road in Sheffield Lake, Ohio, the offering also includes an additional .63-acre lot to the west of the restaurant. That outdoor area may be developed or improved for event-focused use, subject to approvals.
For buyers or operators, the building’s layout supports a variety of guest experiences under one roof, including standard dining, private gatherings, and larger programmed events. The presence of an existing month-to-month tenant for the banquet hall can be relevant for buyers looking for continuity while planning future concepts for the rest of the property. Because the offering includes multiple interior spaces and an adjacent development lot, it may fit well for a group willing to align operations, staffing, and any exterior improvements to a cohesive entertainment or dining plan.
Key Highlights
- Large 1500 sq ft main dining area with a 53 ft bar, ideal for a destination restaurant.
- Additional .63 acre lot included for outdoor development (volleyball, green space).
- 1600 sq ft banquet hall currently leased, providing immediate income.
Property Analytics
Current Use by Public Records
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