21467 Lorain Rd Fairview Park, OH 44126-2124
This exceptional turnkey restaurant opportunity in Fairview Park, Ohio presents a rare chance to acquire a well-established business. Located at 21467 Lorain Rd, this 2,400 square foot freestanding building sits on a 0.21-acre lot with 100 feet of road frontage, providing excellent visibility. The property boasts 15 on-site parking spaces, supplemented by overflow parking agreements with neighboring businesses. Currently operating at 100% occupancy, the restaurant is a second-generation space, fully equipped with three hood systems, a pizza oven, and all necessary kitchen equipment. All furniture, fixtures, and equipment (FF&E) are included in the asking price of $550,000, along with a valuable liquor license (D1, D2, D3, D6, and D3A). The sale is an absolute NNN lease type. The property's APN is 321-33-005. This is a fantastic opportunity for an established restaurant operator or someone looking to launch a new concept in a high-traffic location. The sale includes all FF&E and the liquor license
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
GB-A · Fairview Park, OHFairview Park. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.