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5348 E Lake Road

Sheffield Lake, OH 44054
  • $700,000
  • STATUS: Contingent
  • ON SITE: 290 Days
  • MLS #: 5109955
Under Contract
UPDATED: 19 min ago
$700,000
  • 0
    BEDS
  • 1.33
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1996
County:

School Ratings & Info

School District:
Listing courtesy of Russell Real Estate Services.
Listing information © 2026 YES-MLS.

Description

This location is waiting for you and your investors to turn it into a destination spot on Lake Rd. There are multiple ways to stream revenue here. The main dining area is 1500 square feet and boasts a 53 foot long bar. There is a separate 600 square foot dining room that is prfect for smaller private events or overflow dining on busy nights. Another part of the building is a 1600 square foot banquet hall currenly leased month-to-month by a private billiards club. Yet another bar found in the basement could be the VIP lounge or green room for entertainmnt before they take the stage. Included inthis sale, to the west of the restaurant is another .63 acre lot that could be developed with outdoor volleyball or beautified green space for events. The right vision and capex can turn this location into a unique experience that people will travel to enjoy. Book your showing today.

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Listing information © 2026 YES-MLS. All rights reserved. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of YES-MLS. Real estate listings held by brokerage firms other than Griggy Property Group | KW Chervenic are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). Information Deemed Reliable But Not Guaranteed. The photos may be altered, edited, enhanced or virtually staged. Data last updated 2026-01-12T19:08:00.153.
www.griggypropertygroup.com/homes/161942339
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5348 E Lake Road Sheffield Lake, OH 44054

  • Price: $700,000
  • Status: Contingent
  • On Site: 290 Days
  • Updated: 19 min ago
  • MLS #: 5109955
0
Beds
0
Baths
0
½ Baths
1.33
Acres
1996
Built
Neighborhood:
Sunset Cc Allotment
County:
Lorain
Area:
Sheffield Lake
School District:
Sheffield-Sheffield
Property Description
This location is waiting for you and your investors to turn it into a destination spot on Lake Rd. There are multiple ways to stream revenue here. The main dining area is 1500 square feet and boasts a 53 foot long bar. There is a separate 600 square foot dining room that is prfect for smaller private events or overflow dining on busy nights. Another part of the building is a 1600 square foot banquet hall currenly leased month-to-month by a private billiards club. Yet another bar found in the basement could be the VIP lounge or green room for entertainmnt before they take the stage. Included inthis sale, to the west of the restaurant is another .63 acre lot that could be developed with outdoor volleyball or beautified green space for events. The right vision and capex can turn this location into a unique experience that people will travel to enjoy. Book your showing today.
Exterior Features

Attached Garage YN No Fencing None Levels One Parking Features Parking Lot Roof Asphalt Fiberglass Waterfront YN No

Interior Features

Basement Full Partially Finished Basement YN Yes Building Area Total 8508 Building Features Private Restrooms Public Restrooms Cooling Central Air Cooling YN Yes Foundation Details Basement Heating Forced Air Gas Heating YN Yes Main Level Bathrooms 0

Property Features

Current Use Commercial Elementary School District Sheffield- Sheffield - 4713 Listing Terms Cash Conventional1031 Exchange Other Middle Or Junior School District Sheffield- Sheffield - 4713 Property Sub Type Retail Sewer Public Sewer Special Listing Conditions Standard Tax Annual Amount 15324 Township Sheffield Lake Water Source Public

Listing information © 2026 YES-MLS.
Listing provided courtesy of Russell Real Estate Services: 440-327-6511.
Listing information © 2026 YES-MLS. All rights reserved. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of YES-MLS. Real estate listings held by brokerage firms other than Griggy Property Group | KW Chervenic are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). Information Deemed Reliable But Not Guaranteed. The photos may be altered, edited, enhanced or virtually staged. Data last updated 2026-01-12T19:08:00.153.
 
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Griggy Property Group | KW Chervenic
3810 Starrs Center Ct
Canfield OH, 44406
Listing courtesy of Russell Real Estate Services.
Listing information © 2026 YES-MLS.