36091 Vine St Eastlake, OH 44095
For Sale
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This exceptional turnkey business opportunity is located at 36091 Vine Street in Eastlake, Ohio. The 1,460 square foot restaurant sits on a 0.13-acre lot and enjoys a prime location on a high-traffic street, conveniently close to a highway exit. This ensures excellent visibility and accessibility for customers. The establishment boasts a loyal customer base, built on a menu featuring authentic and appealing flavors. The fully equipped kitchen is a significant asset, with most equipment being less than three years old, minimizing the need for immediate capital investment. The restaurant's ambiance is enhanced by recent updates (within the last three years) to the dГ©cor, including a striking hand-built bar and new tables and chairs. The seating capacity is 65, providing ample space for diners. A significant advantage is the recently renewed and transferable D-5 liquor license, opening up various revenue streams and operational possibilities. This presents endless potential for a savvy entrepreneur or bar enthusiast looking to acquire a well-established and profitable business. The combination of a strong customer base, prime location, modern equipment, and a transferable liquor license makes this a truly unique and attractive investment opportunity. This is a ready-to-go business, requiring minimal effort to continue operations and capitalize on its existing success. The asking price is $125,000.
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
G-BUS · Willowick, OHWillowick. 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.