For Sale
$189,900

7511 Lafayette RdLodi, OH 44254

Restaurant & Apartment, 4,320 SF

Overview

Added:
Dec 11, 2024
Days on market:
120
This exceptional mixed-use property in Lodi, Ohio, presents a unique investment opportunity. Located on a spacious 1.59-acre lot at 7511 Lafayette Rd, this 4,320 square foot building boasts a fully equipped restaurant and a 2-bedroom, 1-bathroom apartment. Previously operated as a restaurant from 2016-2022, the commercial space includes all contents: two walk-in coolers, a full bar, kitchen equipment, seating, and patio furniture. Significant recent upgrades enhance its appeal: a new gas line (2022), new furnace and electrical system (2022) for the restaurant, and a new commercial septic system (2022). Further improvements include newer windows, siding, roof, and well (2016-2019). The property is handicap accessible and zoned for restaurant/bar use. The asking price is $189,900, translating to $43.96 per square foot. With ample parking for 50 vehicles, this Class C building, constructed in 1948 and renovated in 2016, offers significant potential for a variety of uses. The property is being sold "as is." This is a rare chance to acquire a turn-key operation with substantial recent investments in a desirable Medina County location. The property is currently vacant.

Highlights

  • 1.59-acre Medina County property, previously a restaurant (2016-2022), now available for sale.
  • Includes a 2-bed/1-bath apartment.
  • Restaurant equipment included: two walk-in coolers, full bar, kitchen, and seating.
  • Recent upgrades (2016-2022): new gas line, furnace, electrical, commercial septic, windows, siding, roof, and well.
  • Handicap accessible.
  • Property sold As-Is.

Property Details for 7511 Lafayette Rd

Property type
Retail properties, Restaurants
Square Feet
4,320 SF
Class
C
Year Built/Renovated
1948/2016
Buildings
1
Lot Size (sq. ft)
69,260 SF
Units
1

Location Insight

City
Lodi
County
Medina
State
Ohio
Latitude
41.068158580179
Longitude
-81.967674254456
7511 Lafayette Rd, Lodi, Ohio

FAQs

What type of property is this?
Retail property - Restaurant & Apartment, 4,320 SF
Where is the retail property located?
The property is located at 7511 Lafayette Rd Lodi, OH.
What is the asking price?
The asking price for this property is $189,900.
What are key features of this property?
This property features: 1.59-acre Medina County property, previously a restaurant (2016-2022), now available for sale.; Includes a 2-bed/1-bath apartment.; Restaurant equipment included: two walk-in coolers, full bar, kitchen, and seating.
How can I contact the broker?
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7511 Lafayette Rd
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