For Sale
$345,900

40980 Butternut Park CtElyria, OH 44035

Prime location, high traffic, huge potential.

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional commercial opportunity presents a rare chance to acquire the former Joe's Bar, a beloved Elyria establishment for over 50 years. Located in Lorain County, Ohio, at 40980 Butternut Park Court, 44035, this 0.76-acre property boasts unparalleled visibility, fronting two major streets with extremely high traffic flow. Its proximity to major highways ensures easy accessibility. Currently zoned for Restaurant/Cafeteria/Bar use, the property includes a spacious restaurant with ample seating and two bathrooms. A full basement provides additional storage space. A significant advantage is the inclusion of a spacious, attached three-bedroom apartment, perfect for generating additional income or owner-occupancy. The sale includes all existing equipment and a valuable liquor license. While priced "as-is," the property offers potential for rezoning, opening doors to a wide array of business ventures. The ample lot size provides additional parking and patio space. This unique opportunity to own a piece of local history, offered for sale for the first time in over 50 years, is priced at $345,900. Don't miss this chance to capitalize on this prime location and significant potential.

Highlights

  • Prime 0.76-acre commercial lot in Elyria, OH, at 40980 Butternut Park Court, 44035.
  • High-traffic location with excellent visibility, fronting two major streets and near major highways.
  • Existing building features a spacious restaurant with ample seating, two bathrooms, and a full basement.
  • Includes a three-bedroom apartment, ideal for owner-occupancy or rental income.
  • Offered with all existing equipment and a valuable liquor license; priced at $345,900.

Property Details for 40980 Butternut Park Ct

Property type
Specialty properties, Land
Lot Size (sq. ft)
33,106 SF

Location Insight

City
Elyria
County
Lorain
State
Ohio
Latitude
41.3153653
Longitude
-82.1179756
40980 Butternut Park Ct, Elyria, Ohio

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40980 Butternut Park Ct
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