Commercial Real Estate for Sale at 38257 Glenn Avenue in Willoughby, OH for $599,000

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38257 Glenn Avenue | Willoughby

$599,000 | 0.0 Sq. Ft.

This is an exceptional opportunity to acquire SOL, a well-established upscale casual restaurant, bar, and event venue located in the heart of Historic Downtown Willoughby. This location benefits from a bustling downtown area surrounded by restaurants, bars, shops and community events.\r\nSOL has created a recognizable destination for great food, craft cocktails, entertainment, private events, and an inviting atmosphere. With an established customer base, experienced staff, strong operational systems, and multiple revenue streams in place, this is a turnkey opportunity for an owner-operator, restaurateur, hospitality group, or event-focused concept.\r\nThe approximately 6,000-square-foot operation offers more than a traditional restaurant. The space features an attractive open concept kitchen, allowing guests to see the culinary experience, multiple dining/bar, private-event, and entertainment spaces designed to accommodate all needs.\r\nOne of SOL\u0027s signature features is its large outdoor patio-gazebo area with a wood-burning fireplace. This provides an ideal setting for live music and events. The larger private dining area accommodates around 80 guests and includes projector and audio capabilities, making it ideal for meetings, business networking events, holiday parties, rehearsal dinners, fundraisers, and private celebrations. An additional event space accommodates approximately 40 guests and features its own fireplace, for more intimate events.\r\nSOL features a fully equipped kitchen, a D-6 liquor license, established operational systems, recognizable branding, experienced staff, and favorable lease terms. Ownership has invested significantly in equipment, systems, branding, atmosphere, guest experience- Opportunities for continued growth include expanded private-event bookings, corporate and networking events, catering, additional live music, expanded operating hours, wedding-related events, and increased digital marketing. Being offered as a business sale Only. MLSNow 5237151 Directions to property: Vine St to Erie St to Glenn Ave

MLS Listing ID: 
MLSNow 5237151
Listing Category: 
Purchase
Listing Status
Status of the Listing.
Listing Status: 
Active
Listing Pricing
Pricing information for this listing.
List Price: 
$599,000
Basic Property Information
Fields containing basic information about the property.
Property Type: 
Commercial
Property Sub Type: 
Business
Primary Market Area: 
Willoughby
Address: 
38257 Glenn Avenue, Willoughby, OH 44094
County: 
Lake
Latitude: 
41.6407490
Longitude: 
-81.4054080
Directions: 
Vine St to Erie St to Glenn Ave
Public Remarks: 
This is an exceptional opportunity to acquire SOL, a well-established upscale casual restaurant, bar, and event venue located in the heart of Historic Downtown Willoughby. This location benefits from a bustling downtown area surrounded by restaurants, bars, shops and community events.\r\nSOL has created a recognizable destination for great food, craft cocktails, entertainment, private events, and an inviting atmosphere. With an established customer base, experienced staff, strong operational systems, and multiple revenue streams in place, this is a turnkey opportunity for an owner-operator, restaurateur, hospitality group, or event-focused concept.\r\nThe approximately 6,000-square-foot operation offers more than a traditional restaurant. The space features an attractive open concept kitchen, allowing guests to see the culinary experience, multiple dining/bar, private-event, and entertainment spaces designed to accommodate all needs.\r\nOne of SOL\u0027s signature features is its large outdoor patio-gazebo area with a wood-burning fireplace. This provides an ideal setting for live music and events. The larger private dining area accommodates around 80 guests and includes projector and audio capabilities, making it ideal for meetings, business networking events, holiday parties, rehearsal dinners, fundraisers, and private celebrations. An additional event space accommodates approximately 40 guests and features its own fireplace, for more intimate events.\r\nSOL features a fully equipped kitchen, a D-6 liquor license, established operational systems, recognizable branding, experienced staff, and favorable lease terms. Ownership has invested significantly in equipment, systems, branding, atmosphere, guest experience- Opportunities for continued growth include expanded private-event bookings, corporate and networking events, catering, additional live music, expanded operating hours, wedding-related events, and increased digital marketing. Being offered as a business sale Only.
Community Information
School District: 
Willoughby-Eastlake - 4309
Building Details
Details about the building on a property.
Year Built: 
1900
Living Area: 
0.0
Construction
Roof: 
Asphalt
Room Details
Details about the rooms in the building.
Total Bedrooms: 
0
Total Bathrooms: 
0
Total Full-Bathrooms: 
0
Total Half-Bathrooms: 
0
Total One-Quarter-Bathrooms: 
0
Total Three-Quarter-Bathrooms: 
0
Utilities
Information about utilities available on the property.
Heating System: 
Forced Air
Cooling System: 
Central Air
Water Source: 
Public
Sewer: 
Public Sewer
Lot/Land Details
Details about the lots and land features included on the property.
Acres: 
0.16
Lot Size (Area): 
0.16
Lot Features
Parking Type: 
Common,On Site,Parking Lot
Total Parking Spaces: 
130
Fence: 
Privacy
Public Record
Parcel Number: 
27-A-030-A-00-004-0
Annual Tax: 
$14,521.62
Contract Details
Details about the listing contract.
Possession: 
Negotiable
Listing Participants
Participants (agents, offices, etc.) in the transaction.
Listing Office Name: 
Platinum Real Estate

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