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    Property profile & analytics
    OFF-MARKET Estimated value $700,000
    Turn key restaurants

    5989 Canal Rd, Valley View, OH 44125-4231

    6,386 SF 2.08 ac lot Built 2002
    Entity Owned 8-yr Hold ~ Est. High Equity
    Property ID
    US66-1532105
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Turn key restaurants
    Use group RESTAURANT
    Year built 2002
    Construction TYPE NOT SPECIFIED
    Total area 6,386 SF
    Lot 2.08 ac (90,449 SF)
    APN 571-20-004
    UPID US66-1532105
    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
    Current use
    Occupant on record · Public records
    • Isalis (Bike/Boat/Book/etc) Store
    • Party City Party Supply Store (Bike/Boat/Book/etc) Store
    • Skunk Funk Big Box & Wholesale Store
    • Carl's Trading Co Hat Shop
    • Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $658k
    Blend (final) Blend
    $700k
    Owner & transaction history
    30 West Pershing LLC · 8 yrs held
    30 West Pershing LLC
    since 2017
    5 recorded transactions
    2017
    $28.1M
    2009
    2007
    1969
    1969
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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