Share This Listing

Message

965 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the broker for more information about this property

33451 Lake Rd 1,305 SF Retail Building Avon Lake, OH 44012 $425,000 ($325.67/SF) 9% Cap Rate

Save this listing!

Favorite this listing to get notified of price updates, new media and more

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

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

PROPERTY TAXES

Parcel Number
04-00-006-135-007
Land Assessment
$16,772
Improvements Assessment
$54,306
Total Assessment
$71,078
  • Listing ID: 36270828

  • Date on Market: 6/16/2025

  • Last Updated:

  • Address: 33451 Lake Rd, Avon Lake, OH 44012

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}