3330 Liberty Ave Vermilion, OH 44089-2454
- Turn key restaurants
- 13,050 SF
- 8.05 lot acres
Current Use by Public Records
- German's Villa / Banquet Hall
Property Details for 3330 Liberty Ave
- Lot size
- 8.05 lot acres
- Property size
- 13,050 SF
- Property type
- Turn key restaurants
- APN
- 01-00-004-109-006
- APU
- 100004109006
Description
This exceptional 13,050-square-foot mixed-use building sits on a sprawling 8.05-acre lot in Vermilion, Ohio, a prime lakeside location. Currently operating as a thriving, established event center with a 40-year history, this turnkey property offers immense versatility. The existing structure comfortably accommodates over 700 guests and includes a full commercial kitchen, a valid liquor license, and all necessary equipment and supplies. Recent upgrades include a new roof (2023) and a new freezer (2023). Ample parking is available for 300+ vehicles, with additional space on the property for expansion or the addition of another business. A knockout wall in the rear facilitates potential expansion. The property's location near major highways ensures easy accessibility. Its potential uses are diverse, including but not limited to: brewery, restaurant, sports bar, condominiums, apartments, nursing home, manufacturing facility, or private club. Vermilion's designation as one of Ohio's best lakefront cities, coupled with its potential for business development, makes this a truly unique investment opportunity. Priced at $1,500,000.
Value Estimations
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $852,000
Market price range: $809k - $1.96M
Get a detailed, property-specific valuation — fast and free
Location Insight
- Map
- Local Demand
- City
- Vermilion
- County
- Lorain
- State
- Ohio
- Longitude
- -82.3127
- Latitude
- 41.4259
- CBSA code
- 17460
- CBSA name
- CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN STATISTICAL AREA
