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INVESTMENT HIGHLIGHTS
- Rosewood Place is a reception/banquet hall that accommodates up to 280 people. Rosebud is a reception/banquet hall that accommodates up to 180 people
EXECUTIVE SUMMARY
This exceptional turnkey commercial property in a high-traffic location presents a rare opportunity for entrepreneurs and investors alike with Turnkey Banquet Hall, Catering Business, and Income-Generating Barbershop. Prime Commercial Real Estate Opportunity with huge growth potential as current owners currently concentrate on weekend business only.
Dual Event Venues:
• Rose Bud: Ideal for intimate gatherings and smaller events.
• Rosewood Place: Perfectly suited for larger celebrations and events.
• Fully Equipped Kitchen: A modern, updated kitchen for food preparation and service supports both event spaces and catering operations.
• Income-Generating Barbershop: Long term tenant in separate storefront barbershop provides consistent lease income, diversifying the property's revenue stream.
• Heavy Traffic Area: High visibility and constant exposure in a bustling area drive business and provide marketing advantages.
• ADA Approved: The property's ADA compliance ensures accessibility for all patrons and reduces potential legal liabilities. Benefits for buyers/investors:
• High growth potential: Capitalize on the demand for event spaces and catering services in a thriving community.
• Reduced startup costs: Take advantage of an existing setup with established amenities and infrastructure.
• Prime Location: Maximize exposure and customer engagement in a high-visibility and easily accessible area. This unique property is an exceptional opportunity to acquire a robust business with significant growth potential and a secure income stream.
Dual Event Venues:
• Rose Bud: Ideal for intimate gatherings and smaller events.
• Rosewood Place: Perfectly suited for larger celebrations and events.
• Fully Equipped Kitchen: A modern, updated kitchen for food preparation and service supports both event spaces and catering operations.
• Income-Generating Barbershop: Long term tenant in separate storefront barbershop provides consistent lease income, diversifying the property's revenue stream.
• Heavy Traffic Area: High visibility and constant exposure in a bustling area drive business and provide marketing advantages.
• ADA Approved: The property's ADA compliance ensures accessibility for all patrons and reduces potential legal liabilities. Benefits for buyers/investors:
• High growth potential: Capitalize on the demand for event spaces and catering services in a thriving community.
• Reduced startup costs: Take advantage of an existing setup with established amenities and infrastructure.
• Prime Location: Maximize exposure and customer engagement in a high-visibility and easily accessible area. This unique property is an exceptional opportunity to acquire a robust business with significant growth potential and a secure income stream.
PROPERTY FACTS
| Price | $655,000 | Number of Properties | 3 |
| Price / SF | $48.71 / SF | Individually For Sale | 0 |
| Sale Type | Investment or Owner User | Total Building Size | 13,447 SF |
| Status | Active | Total Land Area | 9.11 AC |
| Price | $655,000 |
| Price / SF | $48.71 / SF |
| Sale Type | Investment or Owner User |
| Status | Active |
| Number of Properties | 3 |
| Individually For Sale | 0 |
| Total Building Size | 13,447 SF |
| Total Land Area | 9.11 AC |
PROPERTIES
| PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
|---|---|---|---|---|
|
Rosewood Place
4493 Oberlin Ave, Lorain, OH 44053 |
Specialty | 7,015 SF | 1980 | - |
|
Rosebud Party Center
4489 Oberlin Ave, Lorain, OH 44053 |
Specialty | 5,600 SF | 2002 | - |
| 4485 Oberlin Ave, Lorain, OH 44053 | Specialty | 832 SF | 1998 | - |
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Rosewood Place, Rosebud Party Center
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