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    3330 Liberty Ave Vermilion, OH 44089-2454
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    Property profile & analytics

    3330 Liberty Ave, Vermilion, OH 44089-2454

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    • Turn key restaurants
    • 13,050 SF
    • 8.05 lot acres
    Off-Market
    Property ID
    US66-5220653
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $840,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • German's Villa / Wedding Service

    Property Details for 3330 Liberty Ave

    Lot size
    8.05 lot acres
    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

    based on Realmo’s proprietary methodology
    • Comparable approach

      Method
      Estimation
      AI Estimate
      $852,000
      Market price range: $809k - $1.96M

    Get a detailed, property-specific estimation — 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

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $19,428
    $86,055
    $150,066
    $236,121
    -
    $245,870
    $428,760
    $674,630
    More about this property
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