5989 Canal Rd
Valley View, OH 44125
Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Dense population of 201,497, with a daytime population of 190,553 in a 5 mile radius
- Positioned minutes from the redeveloped 750,000 SF Highland Park business park
- Average household income in 2021 was $69,486
EXECUTIVE SUMMARY
Second Generation restaurant with hood, cooler, bar and additional restaurant infrastructure in place. One of the most centrally located sites in the market; easily accessible to downtown Cleveland, Independence, Western suburbs and Eastern suburbs.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
9,163 SF
Building Class
B
Year Built
2002
Price
$1,599,000
Price Per SF
$175
Tenancy
Single
Building Height
1 Story
Building FAR
0.14
Lot Size
1.54 AC
Zoning
Commercial - Restaurant
Parking
150 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
436 FT on Heinton Rd
PROPERTY TAXES
| Parcel Number | 571-17-004 | Improvements Assessment | $6,216,770 |
| Land Assessment | $1,480,430 | Total Assessment | $7,697,200 |
