5989 Canal RdValley View, OH 44125

For Sale
$1,599,000

Prime 9,163 SF Bar/Restaurant

Overview

Added:
Dec 11, 2024
Days on market:
91
This exceptional 9,163 square foot freestanding restaurant building, situated on a 1.5-acre lot in Valley View, Ohio, presents a unique owner-user opportunity. Located at 5989 Canal Rd, 44125, this Class B property boasts a prime location adjacent to a high-volume Cinemark movie theatre, ensuring significant foot traffic and visibility. The vacant building is a single-story structure and offers a substantial value-add or redevelopment potential. Previously operating as a restaurant and bar, the property retains existing infrastructure including a hood system, cooler, and bar, significantly reducing initial investment costs. Its strategic location provides easy access to downtown Cleveland, surrounding suburbs, and major roadways. The area benefits from a dense population and proximity to significant commercial developments, including a large office park, Top Golf, and a substantial Amazon distribution center. This represents a rare chance to acquire a well-positioned property in a thriving commercial corridor with high growth potential. The asking price is $1,599,000, translating to $174.51 per square foot. The fee-simple ownership provides complete control and long-term investment security. This property is ideal for an owner-user seeking to establish a successful restaurant or bar in a high-traffic location with substantial existing infrastructure. The property's size and location offer significant upside potential for expansion or adaptation to various commercial uses.

Highlights

  • 9,163 SF freestanding restaurant building on a 1.5-acre lot in Valley View, OH.
  • Located at 5989 Canal Rd, 44125, adjacent to a Cinemark theatre.
  • Vacant, single-story Class B building with value-add potential.
  • Existing restaurant infrastructure (hood system, cooler, bar) reduces initial investment.
  • $1,599,000 asking price ($174.51/SF), fee-simple ownership.

Property Details for 5989 Canal Rd

Property type
Other retail properties, Restaurants
Square Feet
9,163 SF
Class
B
Buildings
1
Stories
1
Lot Size (sq. ft)
65,340 SF

Location Insight

City
Valley View
County
Cuyahoga
State
Ohio
Latitude
41.399834679866
Longitude
-81.625352911869
5989 Canal Rd, Valley View, Ohio

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5989 Canal Rd
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