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5400 Cedar Ave

Cleveland, OH 44103

$750,000

Restaurant For Sale  •  1,218 Sq Ft

Property Details

  • Property Type Restaurant
  • Total Building Size 1,218 Sq Ft
  • Lot Size 0.62 ac
  • Building Class C
  • Year Built 1966
  • Cap Rate 8.00 %
  • Tenancy Multiple
46 Transit Score
64 Walk Score

Description

Property being built-out as a sit-down restaurant with 30 person occupancy. Many other potential uses for this high traffic corner lot on a main street.  Vacant land parcel next door may be available as well.  Owned by a land bank.  Located on the Southwest corner of E. 55th and Cedar.

Property Flyers

Financial Summary

Cap Rate: 8.00 %

Amenities

  • Signalized Intersection

Public Transportation

AirportDriveWalkDistance
Cleveland Hopkins International Airport 25 min - 15.2 mi

Parking Details

Parking Available: No
Reserved: No
Type: Covered
Included in Rent: Yes
Larry Steinbacher 440-503-5820 Century 21 Transcendent Realty
Larry Steinbacher 440-503-5820 Century 21 Transcendent Realty