34295 Aurora Rd Solon, OH 44139-3820
This exceptional 5,333 square foot freestanding restaurant building presents a unique investment opportunity in Solon, Ohio. Situated on a highly visible 0.61-acre lot at the main entrance to Solon Village on Aurora Road, this property benefits from exceptional visibility and accessibility. The building boasts a strategic location amongst established national retailers including Market District, OfficeMax, and Pet Supplies Plus, ensuring high traffic counts and strong brand recognition. Nearby businesses include a recently constructed Clean Express Auto Wash, Bank of America, Chase Bank, and a new Wendy's, further solidifying the area's commercial vibrancy. The building itself offers 2,987 square feet on the first floor and an additional 2,346 square feet on the second level, providing ample space for a variety of restaurant concepts. Built in 1972 and significantly renovated in 1991, the property is well-maintained and ready for immediate occupancy. The site includes two convenient curb cuts and a prominent streetside monument sign for optimal branding. The potential for a drive-thru adds significant operational flexibility and revenue potential. This prime location in Solon offers unparalleled convenience and accessibility to both local businesses and residents, making it an ideal investment for discerning restaurant operators. The property's strong location and existing infrastructure make it an attractive opportunity for immediate occupancy and long-term success.
The “C-3” (Commercial) Zoning District has been established to provide for the rational development and redevelopment of specific areas within the City of Solon. The “C-3” district is intended to permit a wide range of commercial retail and service uses subject to the requirements specified within this code. 1275.02 PERMITTED USES: A. PRINCIPAL USES: The fol…
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
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Property description
Physical attributes from public recordsZoning & alternative use
C-3 · Solon, OHThe “C-3” (Commercial) Zoning District has been established to provide for the rational development and redevelopment of specific areas within the City of Solon. The “C-3” district is intended to permit a wide range of commercial retail and service uses subject to the requirements specified within this code. 1275.02 PERMITTED USES: A. PRINCIPAL USES: The following uses shall be permitted in accordance with the provisions of this Ordinance: 1. Retail sales such as clothing stores, electronics stores, houseware stores, jewelers, office supply stores, bakeries, food stores, etc. 2. Retail services such as beauty shops, barbers, travel agents, dry cleaners, photographers, insurance sales, etc. 3. Business and professional offices, including medical and dental offices; 4. Sit-down restaurants; 5. Casual restaurants; 6. Fast food restaurants; 7. Banks and other financial institutions; 8. Physical therapists; 9. Child day care and pre-schools;
Costs & Benchmarks
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.