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7830 Olde 8 Rd
Macedonia, OH 44067
Retail Property For Sale
EXECUTIVE SUMMARY
Great opportunity to own a Bar/Restaurant in the town of Northfield Center, Ohio. The building is 5,888 sq ft, and is expanded by a huge deck on the rear of the building, which overlooks a gated Volleyball court. Amenities include a full kitchen with a huge walk-in cooler, a very large custom wood bar. Also included is an active D-5 (Sunday Liquor Sales) and D-6 Liquor license. The property has supplemental income from the 1 bed, 1 bath apartment located above the Bar/Restaurant area. Tenant occupied just moved out. Potential additional rental income of $750-$850/mo. The entire property sits on approximately 6 acres of buildable land with only less than an acre of land currently being utilized. Call Nicole Birel at 216-392-8577 if you'd like to set up a private, no pressure showing.
The property boasts an internal area of 5,888 sq ft, and is expanded by a huge deck on the rear of the building, which overlooks the gated Volleyball court.
Amenities include a full kitchen, a large custom wood bar with coolers and a huge concrete parking lot. A D-5 (Sunday Liquor Sales) and D-6 Liquor license are already active for the location.
The property has potential for supplemental income from the 1 bed, 1 bath apartment located above the Bar/Restaurant area, that is ready for immediate occupation (the previous tenant paid $800 per month).
The whole property sits on approximately 6 acres of wooded area, which have all been zoned as commercial (Verification by Buyer is recommended).
The property boasts an internal area of 5,888 sq ft, and is expanded by a huge deck on the rear of the building, which overlooks the gated Volleyball court.
Amenities include a full kitchen, a large custom wood bar with coolers and a huge concrete parking lot. A D-5 (Sunday Liquor Sales) and D-6 Liquor license are already active for the location.
The property has potential for supplemental income from the 1 bed, 1 bath apartment located above the Bar/Restaurant area, that is ready for immediate occupation (the previous tenant paid $800 per month).
The whole property sits on approximately 6 acres of wooded area, which have all been zoned as commercial (Verification by Buyer is recommended).
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
5,888 SF
Building Class
C
Year Built
1913
Price
$413,066 CAD
Price Per SF
$70.15 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.02
Lot Size
5.53 AC
Parking
25 Spaces (4.24 Spaces per 1,000 SF Leased)
Frontage
124’ on Olde 8 Rd
PROPERTY TAXES
| Parcel Number | 40-01670 | Improvements Assessment | $35,248 CAD |
| Land Assessment | $81,409 CAD | Total Assessment | $116,657 CAD |
PROPERTY TAXES
Parcel Number
40-01670
Land Assessment
$81,409 CAD
Improvements Assessment
$35,248 CAD
Total Assessment
$116,657 CAD
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