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Property profile & analytics

36091 Vine St, Unit 36161 Willowick, OH 44095-3159

  • Commercial real estate
  • 9,995 SF
  • 0.13 lot acres
OFF-MARKET
Last Sale
Jul 16, 2020
$190,000
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US66-1378009
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.

Current Use by Public Records

  • Lagano Cafe / Restaurant

Property Details for 36091 Vine St

Year built
1952
Lot size
0.13 lot acres
Property size
9,995 SF
Zone code
G-BUS
Property type
Commercial real estate
APN
34-A-008-J-00-064-0
APU
34A008J000640

Description

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.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

  • CAP approach

  • Comparable approach

  • Alternative Use

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Location Insight

  • Map
  • Local Demand
City
Willowick
County
Lake
State
Ohio
Longitude
-81.4306
Latitude
41.6428
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
$4,413
$7,000
$24,500
$31,500
-
$20,000
$70,000
$90,000
More about this property
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