Property summary
This exceptional offering presents a rare chance to acquire two adjacent properties in Willoughby, Ohio's vibrant entertainment district. The package includes Spirits in Willoughby, a 4,800 square foot contemporary entertainment venue, and the historic Willoughby Coal Supply building, a 7,500 square foot landmark dating back to 1888. Spirits in Willoughby boasts a fully equipped commercial kitchen, a horseshoe bar, Ohio Lottery Keno, and the area's largest patio, perfect for hosting… large-scale events, live music, and seasonal dining. Unique outdoor amenities include a gazebo, fire pit, and bocce ball courts, along with a repurposed train car adding to its distinctive character. The adjacent Willoughby Coal Supply building, a significant piece of local history, features original wood floors and offers ample space for events, tours, or adaptive reuse. Its fenced outdoor area and ample parking provide additional versatility. Both properties benefit from a prime location within the Entertainment District, surrounded by thriving developments, and offer significant potential for a variety of uses, including boutique hotels, craft beverage establishments, or expanded event venues. The combined 1.53-acre lot provides ample space for future development and expansion. This unique pairing presents a transformative opportunity to redefine hospitality and entertainment in Downtown Willoughby. The properties are offered at $2,400,000.
Ownership intelligence
Resolved identity, portfolio, hold profile and investor signals. Included in the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax
No data for this sectionNo tax or assessment record is on file for this parcel in the county feed.
Value estimate
· Sep 2026No data for this sectionNo value estimate could be modeled: the record carries too little market input for this parcel.
Recently sold
No data for this sectionNo cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
No data for this sectionNo zoning code is on file for this parcel. Coverage grows with every catalog release.
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recorded sales · 6 properties nearbyComparable nearby
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
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Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
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The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
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- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- Owner Contacts
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- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight