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OFF-MARKET
Specialty properties

9274 Chillicothe Rd Kirtland, OH 44094

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Property summary
AI-generated overview

This exceptional Kirtland, OH property, located at 9274 Chillicothe Road, presents a unique investment opportunity. Priced at $400,000, this special purpose commercial property boasts a fully operational restaurant and event center, complete with a D1 liquor license. The facility includes a fully equipped commercial kitchen capable of servicing both venues, separate bars for the restaurant and event center, and ample parking. Established for 46 years, this turnkey business is ready for immediate operation, offering both established infrastructure and significant potential for growth. Situated just two minutes from I-90, this prime location offers easy access and high visibility. The property includes all furniture, fixtures, and assets, making this a seamless transition for new owners. The combined restaurant and event center spaces are fully equipped and ready to generate revenue from day one. This is an exceptional opportunity for entrepreneurs seeking a well-established and profitable business in a thriving community. The property is located in Lake County, Ohio, zip code 44094.

Property profile
Verified
Property type Specialty properties
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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