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Property profile & analytics
FOR SALE
Turn key restaurants

8455 Sta St Mentor, OH 44060-4924

5,159 SF 0.62 ac lot Built 1985
Entity Owned 3-yr Hold Free & Clear
Property ID
US66-6178834
Property summary
AI-generated overview

This exceptional 5,159 square foot retail property, situated on a 2.05-acre lot at 8455 Station Street in Mentor, Ohio, presents a unique investment opportunity. The property boasts a rich history and currently operates as a full-service restaurant, event/party center, and bar. Its prime location in the heart of Mentor ensures high visibility and foot traffic. The building's versatility is further enhanced by an additional 3,500 square feet of covered outdoor space, perfect for al fresco dining or event hosting. All existing equipment and a valuable liquor license are included in the sale price of $725,000. This turnkey operation benefits from its proximity to key attractions such as the Great Lakes Mall, Mentor Civic Amphitheater, and Mentor Lagoons Nature Preserve, drawing a consistent stream of customers from both local residents and tourists. The surrounding area is characterized by a diverse mix of retail and dining establishments, creating a vibrant and bustling commercial environment. This property is ideally suited for investors seeking a profitable venture in the retail or restaurant sector, offering a blend of established business and significant growth potential within a thriving community.

Property profile
Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1985
Total area 5,159 SF
Lot 0.62 ac (27,007 SF)
Zoning code M-1
APN 16-B-039-A-00-022-0
UPID US66-6178834
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
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by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Station Street Properties LLC · 3 yrs held
Station Street Properties LLC
since 2023
Last sale
$480,000
2 recorded transactions
2023
$480,000
2006
$330,000
Zoning & alternative use
M-1 · Mentor, OH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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