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5989 Canal Rd
Valley View, OH 44125
9,163 SF Freestanding Building / Restaurant · Retail Property For Sale
Investment Highlights
- The Valley View Cinemark is ranked #1 in Ohio and #9 nationally out of 179 locations based on # of visits and sales (Source: Placer.ai)
- Average household incomes of $111,659 within a 1-mile radius. Dense population of 201,497 with daytime population of 190,553 in a 5 mile radius.
- Positioned minutes from the redeveloped 750,000 SF Highland Park business park
- Second Generation restaurant with hood, cooler, bar and additional restaurant infrastructure in place
- Positioned minutes from Rockside Road which features over 4M SF of office space and Top Golf
- Multiple industrial distribution centers constructed in the Valley over the past few years.
Executive Summary
Ideal Owner-User or Redevelopment Opportunity. One of the most centrally located sites in the market; easily accessible to downtown Cleveland, Independence, Western suburbs and Eastern suburbs.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
9,163 SF
Building Class
B
Year Built
2002
Price
$1,050,000
Price Per SF
$114.59
Tenancy
Single
Building Height
1 Story
Building FAR
0.14
Lot Size
1.54 AC
Zoning
Commercial - Restaurant
Parking
150 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
436’ on Heinton Rd
Property Taxes
| Parcel Number | 571-17-004 | Improvements Assessment | $6,216,770 |
| Land Assessment | $1,480,430 | Total Assessment | $7,697,200 |
Property Taxes
Parcel Number
571-17-004
Land Assessment
$1,480,430
Improvements Assessment
$6,216,770
Total Assessment
$7,697,200
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