5989 Canal Rd Valley View, OH 44125-4231

Property Details for 5989 Canal Rd

Year built

2002

Construction

TYPE NOT SPECIFIED

Lot size

2.08 lot acres

Property size

6,386 SF

Property type

Turn key restaurants

APN

571-20-004

APU

57120004

Description

This exceptional 9,163 square foot freestanding restaurant building, situated on a 1.5-acre lot in Valley View, Ohio, presents a unique owner-user opportunity. Located at 5989 Canal Rd, 44125, this Class B property boasts a prime location adjacent to a high-volume Cinemark movie theatre, ensuring significant foot traffic and visibility. The vacant building is a single-story structure and offers a substantial value-add or redevelopment potential. Previously operating as a restaurant and bar, the property retains existing infrastructure including a hood system, cooler, and bar, significantly reducing initial investment costs. Its strategic location provides easy access to downtown Cleveland, surrounding suburbs, and major roadways. The area benefits from a dense population and proximity to significant commercial developments, including a large office park, Top Golf, and a substantial Amazon distribution center. This represents a rare chance to acquire a well-positioned property in a thriving commercial corridor with high growth potential. The asking price is $1,599,000, translating to $174.51 per square foot. The fee-simple ownership provides complete control and long-term investment security. This property is ideal for an owner-user seeking to establish a successful restaurant or bar in a high-traffic location with substantial existing infrastructure. The property's size and location offer significant upside potential for expansion or adaptation to various commercial uses.

Location Insight

City

Valley View

County

Cuyahoga

State

Ohio

Longitude

-81.6261

Latitude

41.3995

CBSA code

17460

CBSA name

CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments