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9,163 SF Freestanding Building / Restaurant 5989 Canal Rd 9,163 SF Retail Building Valley View, OH 44125 $1,447,887 CAD ($158.01 CAD/SF)
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
$1,447,887 CAD
Price Per SF
$158.01 CAD
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
Fairly walkable
40/100
Exceptionally drivable
100/100
Some public transit
40/100
Moderately bikeable
60/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 571-17-004 | Improvements Assessment | $8,661,888 CAD |
| Land Assessment | $2,062,698 CAD | Total Assessment | $10,724,585 CAD |
Property Taxes
Parcel Number
571-17-004
Land Assessment
$2,062,698 CAD
Improvements Assessment
$8,661,888 CAD
Total Assessment
$10,724,585 CAD
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9,163 SF Freestanding Building / Restaurant | 5989 Canal Rd
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