Willoughby, OH Restaurants for Sale

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Eastlake, OH Mentor, OH Kirtland, OH Willowick, OH Wickliffe, OH Mentor On The, OH Willoughby Hills, OH Euclid, OH

Updated: Mar 17, 2025

Restaurant Investment in Downtown Willoughby

3941 Erie Street, Willoughby, OH 44094

$2,800,000

8,700 sqft 1.56 AC lot

Prime location in Historic Downtown Willoughby, a destination for restaurants, bars, shopping, and entertainment.
New single tenant asset with a 10‑year lease.
Modern 8,700 SF two‑story building constructed in 2016.
High visibility on Erie Street off of Route 20 near a high traffic intersection.
Located adjacent to the Chagrin River.

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This listing looks promising.

Here's a quick look at some key insights for

3941 Erie Street, Willoughby, OH 44094

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Est. Cap Rate

3.3%
NOI ÷ price
Est. NOI

$93K
Annual
Mortgage

$100K
Feb 2019
Last Sold

Jun 2015
$250K
Property Type

Restaurant
Built 2016

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Updated: Mar 25

Retail with Drive-Thru For Sale

36751 Euclid Avenue, Willoughby, OH 44094

$825,000

2,134 sqft 1.00 AC lot

Freestanding 2,134 SF Retail with Drive‑thru on 1 AC in front of Target, BJ’s, Giant Eagle anchored Willoughby Commons.
High traffic counts of 23,000 VPD in front of the site.
3 mile population of 55,369 people and average incomes of $90,906.
Zoned G‑B, General Business.
Located across from Willoughby high and middle school (1,600 combined enrollment).

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Based on your search, we've compiled 49 Potential Opportunities for your consideration. Besides 2 Active listings in Willoughby, OH, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 39 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Turnkey Bar & Grill Opportunity

21702 Saint Clair Avenue, Euclid, OH 44117

$399,999

0.30 AC lot

Bar & Grill with real estate, business, and equipment included.

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Freestanding Building on Mentor Avenue

7652 Mentor Ave, Mentor, OH

$689,000

1,788 sqft 0.37 AC lot

1,788 SF building with drive-thru and ample parking.

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Historical Retail Property with Outdoor Space

8455 Station Street, Mentor, OH 44060

$575,000

5,159 sqft

Full-service restaurant, event/party center, and bar in Mentor, OH.

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Freestanding Restaurant Building on Euclid

19505 Euclid Ave, Euclid, OH

Contact for pricing

2,000 sqft 0.43 AC lot

Freestanding restaurant building located on Euclid Avenue for sale.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Eastlake Marina District Land

35783 Lake Shore Boulevard, Eastlake, OH 44095

$765,000

5.66 AC lot

5.66 acres in Eastlake's Marina District, primed for development.

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Redevelopment Land with Parking

6082 Andrews Road, Mentor On The Lake, OH 44060

$299,000

0.48 AC lot

Cleared commercial land with street utilities, multiple driveways, and parking—positioned for a range of commercial builds.

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Redevelopment-Ready Commercial Land Parcel

6082 Andrews Road, Mentor On The Lake, OH 44060

$299,000

0.48 AC lot

Cleared commercial site with multiple driveways, parking, and patio areas, positioned on a high-traffic corner.

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Painesville Twp Commercial Development Site

1936 Mentor Avenue, Painesville, OH 44077

$900,000

3.15 AC lot

3.15 acre commercial land parcel on Mentor Avenue.

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Off-Market Properties in Willoughby, OH

Consider similar Off-Market properties in Willoughby, OH. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

DRIVE-THRU RESTAURANT, FAST FOOD

34400 Euclid Ave, Willoughby, OH 44094-3327

$1,595,000

Estimated value

2,049 sqft 0.74 AC lot

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DRIVE-THRU RESTAURANT, FAST FOOD

36900 Vine St, Willoughby, OH 44094-6341

Value Estimation by Request

3,582 sqft 1.00 AC lot

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RESTAURANT

38770 Lk Shr Blvd, Willoughby, OH 44094-7241

Value Estimation by Request

1,392 sqft 0.16 AC lot

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DRIVE-THRU RESTAURANT, FAST FOOD

35901 Euclid Ave, Willoughby, OH 44094-4622

Value Estimation by Request

2,280 sqft 0.50 AC lot

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RESTAURANT

35050 Euclid Ave, Willoughby, OH 44094-4508

$1,295,000

Estimated value

2,867 sqft 0.93 AC lot

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DRIVE-THRU RESTAURANT, FAST FOOD

4160 State Rte 306, Willoughby, OH 44094

Value Estimation by Request

2,861 sqft 0.98 AC lot

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RESTAURANT

10015 Chillicothe Rd, Willoughby, OH 44094-9734

Value Estimation by Request

2,120 sqft 1.18 AC lot

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RESTAURANT

34725 Euclid Ave, Willoughby, OH 44094-4501

$1,185,000

Estimated value

1,408 sqft 1.34 AC lot

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RESTAURANT

38501 Lk Shr Blvd, Willoughby, OH 44094-7111

Value Estimation by Request

4,519 sqft 0.42 AC lot

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RESTAURANT

36565 Euclid Ave, Willoughby, OH 44094-4449

Value Estimation by Request

7,524 sqft 1.83 AC lot

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RESTAURANT

36455 Euclid Ave, Willoughby, OH 44094-4448

Value Estimation by Request

7,084 sqft 2.36 AC lot

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DRIVE-THRU RESTAURANT, FAST FOOD

36575 Euclid Ave, Willoughby, OH 44094-4449

Value Estimation by Request

3,627 sqft 1.21 AC lot

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DRIVE-THRU RESTAURANT, FAST FOOD

9304 Chillicothe Rd, Willoughby, OH 44094-9299

Value Estimation by Request

600 sqft 2.18 AC lot

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DRIVE-THRU RESTAURANT, FAST FOOD

35020 Euclid Ave, Willoughby, OH 44094-4508

Value Estimation by Request

2,217 sqft 0.76 AC lot

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RESTAURANT

34760 Maplegrove Rd, Willoughby, OH 44094-9689

Value Estimation by Request

5,208 sqft 1.41 AC lot

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RESTAURANT

38257 Glenn Ave, Willoughby, OH 44094-7808

Value Estimation by Request

5,662 sqft 0.16 AC lot

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RESTAURANT

37825 Vine St, Willoughby, OH 44094-6222

Value Estimation by Request

4,192 sqft 0.25 AC lot

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DRIVE-THRU RESTAURANT, FAST FOOD

34600 Euclid Ave, Willoughby, OH 44094-3317

Value Estimation by Request

2,844 sqft 1.28 AC lot

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DRIVE-THRU RESTAURANT, FAST FOOD

34635 Euclid Ave, Willoughby, OH 44094-3316

Value Estimation by Request

3,633 sqft 1.20 AC lot

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RESTAURANT

3951 Erie St, Willoughby, OH 44094

Value Estimation by Request

7,358 sqft 1.48 AC lot

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RESTAURANT

35055 Maplegrove Rd, Willoughby, OH 44094-9605

Value Estimation by Request

7,502 sqft 2.07 AC lot

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RESTAURANT

38744 Lk Shr Blvd, Willoughby, OH 44094-7270

Value Estimation by Request

2,158 sqft 0.78 AC lot

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Willoughby, OH Restaurants Market Trends and Statistics

Explore 41 restaurants for sale in Willoughby, OH on our real estate platform. These investment opportunities span a total of 10,834 square feet of properties for sale, with an estimated market value of $3,625,000.

Sale prices for restaurant properties in Willoughby, OH start at $825,000, averaging $1,812,500, and reaching up to $2,800,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Demographics Overview

Population 69K

Population Growth (5Y) +0.1%

Median Household Income $73,143

College Educated 20.8%

High-Yield Neighborhoods for Investment

Identify Willoughby submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood	Average Price
44094	$1.8M

Taxes & Financing

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Lake County

New Delisted

Property Size Breakdown

The majority of commercial real estate listings in Willoughby fall within the 50,000 to 100,000 square foot range.

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Willoughby, OH Restaurants for Sale

3941 Erie Street, Willoughby, OH 44094

36751 Euclid Avenue, Willoughby, OH 44094

Opportunities in Nearby Cities

21702 Saint Clair Avenue, Euclid, OH 44117

7652 Mentor Ave, Mentor, OH

8455 Station Street, Mentor, OH 44060

19505 Euclid Ave, Euclid, OH

Potential Development Sites for Consideration

35783 Lake Shore Boulevard, Eastlake, OH 44095

6082 Andrews Road, Mentor On The Lake, OH 44060

6082 Andrews Road, Mentor On The Lake, OH 44060

1936 Mentor Avenue, Painesville, OH 44077

Off-Market Properties in Willoughby, OH

34400 Euclid Ave, Willoughby, OH 44094-3327

36900 Vine St, Willoughby, OH 44094-6341

38770 Lk Shr Blvd, Willoughby, OH 44094-7241

35901 Euclid Ave, Willoughby, OH 44094-4622

35050 Euclid Ave, Willoughby, OH 44094-4508

4160 State Rte 306, Willoughby, OH 44094

10015 Chillicothe Rd, Willoughby, OH 44094-9734

34725 Euclid Ave, Willoughby, OH 44094-4501

38501 Lk Shr Blvd, Willoughby, OH 44094-7111

36565 Euclid Ave, Willoughby, OH 44094-4449

36455 Euclid Ave, Willoughby, OH 44094-4448

36575 Euclid Ave, Willoughby, OH 44094-4449

9304 Chillicothe Rd, Willoughby, OH 44094-9299

35020 Euclid Ave, Willoughby, OH 44094-4508

34760 Maplegrove Rd, Willoughby, OH 44094-9689

38257 Glenn Ave, Willoughby, OH 44094-7808

37825 Vine St, Willoughby, OH 44094-6222

34600 Euclid Ave, Willoughby, OH 44094-3317

34635 Euclid Ave, Willoughby, OH 44094-3316

3951 Erie St, Willoughby, OH 44094

35055 Maplegrove Rd, Willoughby, OH 44094-9605

38744 Lk Shr Blvd, Willoughby, OH 44094-7270

Willoughby, OH Restaurants Market Trends and Statistics

Top Commercial Asset Segments

Demographics Overview

High-Yield Neighborhoods for Investment

Taxes & Financing

Listings Trend

Property Size Breakdown

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