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EXECUTIVE SUMMARY
Prime Avon Lake Investment Opportunity!
Discover this modern and high-visibility 1,300 sq. ft. bar and restaurant situated on highly sought-after Lake Road — one of Avon Lake’s most traveled and desirable corridors. Built within the last decade, this turn-key property features an impressive bar, a full commercial kitchen buildout, and ample dedicated parking — offering both convenience and curb appeal.
The interior offers seating for approximately 45 guests, complemented by an inviting outdoor patio that accommodates an additional 24 patrons. Even more exciting, city-approved plans for a rooftop patio expansion present an incredible opportunity to elevate the venue’s visibility and capacity.
Currently leased at $3,700 per month with 2.5 years remaining, this property provides strong and steady income in a thriving location surrounded by residential neighborhoods, local attractions, and continuous growth. A major mixed-use redevelopment project — including a park, marina, and residential community — is planned just across the street, positioning this location perfectly for long-term appreciation and increased foot traffic.
Whether you’re an investor seeking a stable income property or an operator looking for a stylish, modern space in a high-demand market, this Lake Road gem checks every box
Discover this modern and high-visibility 1,300 sq. ft. bar and restaurant situated on highly sought-after Lake Road — one of Avon Lake’s most traveled and desirable corridors. Built within the last decade, this turn-key property features an impressive bar, a full commercial kitchen buildout, and ample dedicated parking — offering both convenience and curb appeal.
The interior offers seating for approximately 45 guests, complemented by an inviting outdoor patio that accommodates an additional 24 patrons. Even more exciting, city-approved plans for a rooftop patio expansion present an incredible opportunity to elevate the venue’s visibility and capacity.
Currently leased at $3,700 per month with 2.5 years remaining, this property provides strong and steady income in a thriving location surrounded by residential neighborhoods, local attractions, and continuous growth. A major mixed-use redevelopment project — including a park, marina, and residential community — is planned just across the street, positioning this location perfectly for long-term appreciation and increased foot traffic.
Whether you’re an investor seeking a stable income property or an operator looking for a stylish, modern space in a high-demand market, this Lake Road gem checks every box
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Building Size
1,305 SF
Year Built
2018
Price
$425,000
Price Per SF
$325.67
Cap Rate
9%
NOI
$38,250
Tenancy
Single
Building Height
1 Story
Building FAR
0.13
Lot Size
0.23 AC
PROPERTY TAXES
| Parcel Number | 04-00-006-135-007 | Improvements Assessment | $54,306 |
| Land Assessment | $16,772 | Total Assessment | $71,078 |
PROPERTY TAXES
Parcel Number
04-00-006-135-007
Land Assessment
$16,772
Improvements Assessment
$54,306
Total Assessment
$71,078
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33451 Lake Rd
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