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3941 Erie Street Willoughby, OH $ 3,595,000
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$ 3,595,000 Get more info
3941 Erie Street
$ 3,595,000
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3941 Erie Street

Willoughby, OH, 44094
$ 3,595,000
Baths0.0 Sq 9,625

Monthly Estimate*

$ 25,112

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Studio

Commercial Property for sale in Willoughby, OH

for $3,595,000. This 9,625 square foot building was built in 2016 on a lot size of 1.56.

Investment opportunity located in the heart of Historic Downtown Willoughby . Stand alone micro brewery and restaurant. Two story open concept space featuring one of the best roof top patios seating 75, where guests can fully enjoy the outdoor dining experience. Indoor seating accommodating 160. Parking onsite of the property. Located near a high traffic intersection with great visibility. Downtown Willoughby is a premier destination in Northeast Ohio known for its one of a kind day and nightlife experience with restaurants, bars, community activities, unique boutique and vintage shopping, along with a year round art and entertainment city schedule.

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Commercial Active

Price

$ 3,595,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 9,679

Style

Lot Size

1.56

Year Built

2016

Town/City

Willoughby

County/Region

Lake

MLS | Web ID

4424816
Features
General
Interior Features Elevator
Sewer PublicSewer
Heating ForcedAir Gas
Cooling CentralAir
Possession DeliveryOfDeed
Roof Flat
Year Built 2016
Tenant Pays AllUtilities
Property SubType MixedUse
Additional Parcels Description 27-B-037-0-00-005-0
County Lake
New Construction N
Property Type CommercialSale
HOA / Comm Assn N
Attached Garage N
Garage Y/N N
Building Features Elevators
Status Active
Directions Route 20 Mentor Avenue to Erie Street
City Willoughby
View Y/N N
Senior Community Y/N N
High School District Willoughby-Eastlake - 4309
Waterfront Y/N N
Carport Y/N N
Street Name Erie
Property Attached Y/N N
Land Lease Y/N N
Tax Annual Amount 9679.0
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Days on Market 366
Standard Status Active
Occupancy Type Tenant
Middle/Junior School District Willoughby-Eastlake - 4309
Elementary School District Willoughby-Eastlake - 4309
Property Sub Type Additional MixedUse
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Interior
Basement None
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Above Grade Finished Area 9625.0
Street Suffix Street
Electric On Property Y/N N
Main Level Bathrooms 0
Above Grade Finished Area Source Assessor
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Exterior
Parking Features OnSite Outside Paved
Water Source Public
Lot Size Area 1.56
Number of Buildings 1
Spa N
Building Area Total 9625.0
Lot Size Acres 1.56
Lot Size Units Acres
Lot Size Source Appraiser
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 3941
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* Excluded Features
List By
Denise M Zervos

Listing Agent

Platinum Real Estate

Broker

Zervos@ContactPlatinum.com

Email

Affordability Calculator

$25,919
Per Month
97%
3%
0%
Monthly Principal & Interest
$25,112
Monthly Property Taxes
$807
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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THE TIME TO SELL IS NOW!
Nearby
4457371 Elementary School
4457770 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
11/24/2023$3,595,000 -10.01% Price Down
5/25/2023$3,995,000 -6.00% Price Down
11/26/2022$4,250,000 Listed Price

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3941 Erie Street, Willoughby, OH, 44094 is a Commercial Property for sale at $3,595,000 with 9,625 sqft and a lot size of 1.56. 3941 Erie Street is a studio with 0.0 baths and was built in 2016. The property's zip code is 44094 which is in Willoughby, OH

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