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Restaurant and Bar 8455 Station St 5,159 SF Retail Building Mentor, OH 44060 $558,368 CAD ($108.23 CAD/SF)
INVESTMENT HIGHLIGHTS
- Active restaurant, event/party center and bar
- Well-Established and well-maintained
- Includes all equipment and liquor license
- Unique atmosphere with a historical significance
EXECUTIVE SUMMARY
Sealed bid reserve auction. The list price shown is starting bid price at auction. Auction date (October 31 @ 3 PM) is the deadline for bids but an offer could be accepted at any time so submit your offer ASAP. Discover the vibrant and bustling community surrounding this 5,159 SF historical retail property with additional 3,500 SF of covered outdoor space in this prime location in Mentor, OH. This full-service restaurant, event/party center, and bar with large outdoor area in the heart of the city is teeming with diverse retail and dining opportunities, making it an ideal spot for prospective investors in the retail or restaurant industry. Includes all equipment and liquor license! With its close proximity to notable attractions such as the Great Lakes Mall, Mentor Civic Amphitheater, and Mentor Lagoons Nature Preserve, this dynamic location attracts a steady flow of visitors and locals alike. From shopping and entertainment to outdoor recreation, the area offers a rich tapestry of experiences, creating a compelling draw for businesses looking to establish a presence in this thriving community. Zoned M-1.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
5,159 SF
Building Class
B
Year Built
1985
Price
$558,368 CAD
Price Per SF
$108.23 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
2.05 AC
Zoning
Commercial - M1--All Food Services Allowed with Conditional Use Pemit.
Parking
100 Spaces (19.38 Spaces per 1,000 SF Leased)
Frontage
275’ on Station St
AMENITIES
- Freeway Visibility
- Pylon Sign
- Restaurant
- Air Conditioning
NEARBY MAJOR RETAILERS
Fifth Third Bank
PROPERTY TAXES
| Parcel Number | 16-B-039-A-00-022 | Improvements Assessment | $190,434 CAD |
| Land Assessment | $185,928 CAD | Total Assessment | $376,362 CAD |
PROPERTY TAXES
Parcel Number
16-B-039-A-00-022
Land Assessment
$185,928 CAD
Improvements Assessment
$190,434 CAD
Total Assessment
$376,362 CAD
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Restaurant and Bar | 8455 Station St
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