For Sale
$1,500,000

3330 Liberty AveVermilion, OH 44089

Lakefront Mixed-Use Property, Endless Potential

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional mixed-use property, located at 3330 Liberty Ave, Vermilion, OH 44089, presents a unique investment opportunity. The 13,050 square foot building sits on 8 acres of land near Lake Erie in the desirable city of Vermilion, Ohio. Currently operating as a successful event center for over 40 years, this turnkey operation boasts a full commercial kitchen, liquor license, and ample equipment and supplies. The property is well-maintained and features a new roof and freezer (installed in 2023). With a capacity for 700+ guests, the existing layout includes a removable wall allowing for future expansion. The expansive 8-acre lot provides ample parking for 300+ vehicles, with additional space for future development. The property's prime location offers easy access to major highways. Beyond its current use, this versatile property presents numerous redevelopment possibilities, including but not limited to: brewery, restaurant, sports bar, condos, apartments, nursing home, manufacturing facility, or private club. The asking price is $1,500,000, with a price per square foot of $114.94. Vermilion is recognized as one of Ohio's premier lakefront cities, offering significant potential for business growth and development. This is a rare opportunity to acquire a substantial property in a thriving location with diverse potential uses. The building was constructed in 1984.

Highlights

  • 13,000 SF building on 8 acres near Lake Erie in Vermilion, OH.
  • Successful 40-year-old turnkey event center with 300+ parking spaces and capacity for 700+ guests.
  • Versatile property suitable for various uses including brewery, restaurant, sports bar, condos, apartments, nursing home, manufacturing, or private club.

Property Details for 3330 Liberty Ave

Property type
Wedding venues, Mixed-use properties
Square Feet
13,050 SF
Year Built
1984

Location Insight

City
Vermilion
County
Lorain
State
Ohio
Latitude
41.4258186
Longitude
-82.3127494
3330 Liberty Ave, Vermilion, Ohio

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3330 Liberty Ave
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