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Property profile & analytics
FOR SALE
Commercial real estate

36091 Vine St Eastlake, OH 44095

9,995 SF 0.13 ac lot Built 1952
Entity Owned 6-yr Hold Free & Clear
Property ID
US66-1378009
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1952
Total area 9,995 SF
Lot 0.13 ac (5,759 SF)
Zoning code G-BUS
APN 34-A-008-J-00-064-0
UPID US66-1378009
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Timperio Roofing & Siding INC · 6 yrs held
Timperio Roofing & Siding INC
since 2020
Last sale
$190,000
3 recorded transactions
2020
$190,000
2007
$582,000
2004
$450,000
Zoning & alternative use
G-BUS · Willowick, OH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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