29303 Euclid Ave Wickliffe, OH 44092
- Turn key restaurants
- 5,784 SF
- 0.80 lot acres
Current Use by Public Records
- Turn key restaurants
Property Details for 29303 Euclid Ave
- Year built
- 1986
- Construction
- WOOD
- Lot size
- 0.80 lot acres
- Property size
- 5,784 SF
- Zone code
- GB
- Property type
- Turn key restaurants
- APN
- 29-A-004-E-00-034-0
- APU
- 29A004E000340
Description
This exceptional turn-key opportunity presents a well-established, family-owned Italian restaurant and its accompanying real estate in the thriving Wickliffe, OH market. Petti's Pizza & Ristorante, a beloved local landmark since the 1960s, boasts a consistent track record of success, attracting loyal regulars and new customers alike with its commitment to quality food and service at reasonable prices. The 5,784 square foot building, constructed in 1986 specifically for the restaurant, features an efficient floor plan, seating over 100 indoors and an additional 25 on the patio. Situated on a highly visible .8-acre lot (approximately 151 x 257 feet) with ample parking, the property benefits from steady traffic exposure in a Town Center District (TC) zoning. Recent upgrades include a new roof (2019), new AC units (2023), recent electrical updates (2023), a new dishwasher, and updated compressor units for freezers (2023). The sale includes a valuable D2, D2X, D3 & D6 liquor license. Wickliffe's point of sale requirements have been met. This is a unique opportunity to acquire both a thriving business and its prime real estate location, all in one package. A detailed information packet, including photos, building sketches, zoning details, equipment lists, and more, is available upon request.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Wickliffe
- County
- Lake
- State
- Ohio
- Longitude
- -81.4747
- Latitude
- 41.6063
- CBSA code
- 17460
- CBSA name
- CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN STATISTICAL AREA
