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Historical Retail Property with Outdoor Space

8455 Station St, Mentor, OH 44060

For Sale
$499,000

Full-service restaurant, event/party center, and bar with large outdoor area.

Property Size5,159 SF
Lot Size2.05 Acres
Price / SF$96.72
Days on Market468

Property Features for 8455 Station St

General Information

Standard status Active
Size 5,159 SF
Lot size 2.05 Acres

Taxes and HOA fees

Annual Taxes $17,243
Listing Agency: Keller Williams Greater Cleveland Northeast
Listed By: Rick Osborne · License #2010001710
Source: Exprealty
Added: Jul 28, 2025 Changed: Aug 16 Last Checked: Aug 25 at 5:02AM

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 Keller Williams Greater Cleveland Northeast

Rey
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Investment Insights

Based on property information with market context.

This historical retail property offers 5,159 square feet of space, complemented by an additional 3,500 square feet of covered outdoor area. Situated in a prime location in Mentor, OH, this full-service restaurant, event/party center, and bar benefits from a vibrant and bustling community. The property is suitable for prospective investors in the retail or restaurant industry. It includes all equipment and a liquor license. The location is near the Great Lakes Mall, Mentor Civic Amphitheater, and Mentor Lagoons Nature Preserve, attracting visitors and locals alike.

Key Highlights

  • Full‑service restaurant, event/party center, and bar with existing equipment and liquor license included.
  • Prime location in Mentor, OH, offering high visibility and foot traffic.
  • Substantial space: 5,159 SF historical retail property with an additional 3,500 SF of covered outdoor space.

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Bars & Pubs

Suggested Use

Top Pick Grocery & Convenience Store Food Market (Bike/Boat/Book/etc) Store Parking Lot & Garage Carpet & Flooring Store Hotel & Motel

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

767
Businesses Nearby
Under-served
Demand for This Use

Demographics for 44060, OH

60,360
Population
27,276
Households
2.2
Avg Household Size
47
Median Age
35%
College-Educated
96%
High-School Grad
39.9 sq mi
ZIP Area
1,513
Density / Sq Mi
$85,881
Median Household Income
$51,736
Median Earnings
$1,156
Median Rent
$227,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Properties on Market for Restaurants in Lake County

Jul
Aug
Sep
Oct

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025

Frequently Asked Questions

What type of property is this?
Restaurant - Full-service restaurant, event/party center, and bar with large outdoor area.
Where is this restaurant located?
The property is located at 8455 Station St Mentor, OH.
What is the asking price?
The asking price for this property is $499,000.
What are key features of this property?
This property features: Full‑service restaurant, event/party center, and bar with existing equipment and liquor license included.; Prime location in Mentor, OH, offering high visibility and foot traffic.; Substantial space: **5,159 SF historical retail property with an additional 3,500 SF of covered outdoor space.**
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