Elyria, OH 44035,40980 Butternut Park CT
Elyria, OH 44035,40980 Butternut Park CT
Elyria, OH 44035,40980 Butternut Park CT
25
$210,000
$299,500
29.9%
Est.Price: ?

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0.76 Acres Lot

40980 Butternut Park CT Elyria, OH 44035

Est. payment /mo
SOLD DATE : 06/30/2025

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Key Details

Sold Price $210,000

Property Type Commercial

Sub Type Business

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 5064379

Annual Tax Amount $2,062

Tax Year 2023

Lot Size 0.760 Acres

Property Sub-Type Business

Property Description

Exceptional Commercial Opportunity in Prime Location! Presenting a rare estate sale of the former well-known Joe's Bar, a staple in the community for over 50 years. Property offers unparalleled visibility, fronting two major streets w/extremely high traffic flow & situated less than a mile from major highways, making it a prime location for any business. Currently zoned for Restaurant/Cafeteria/Bar use, this property includes a spacious, attached 3-bedroom apartment—ideal for additional income or owner-occupancy. Imagine the convenience of living where you work! The property features a spacious restaurant w/ample seating, two bathrooms, full basement, & .77-acre lot that offers additional parking & patio space. Sale includes all current equipment and a valuable liquor license, making it an unbeatable investment opportunity. Possibilities here are endless! While the property is priced "as-is," there's potential for rezoning, opening doors to a wide array of business ventures. Whether you're looking to revive this iconic establishment, take advantage of the apartment rental possibilities, or launch your next business venture in a prime location, this property has it all. Don't miss out on this unique chance to own a piece of local history (offered for sale for the 1st time in over 50 years) w/incredible potential. Call today to schedule your private tour!

Location

State OH

County Lorain

Interior

Heating Forced Air, Gas

Cooling Central Air

Exterior

Parking Features On Site

Roof Type Asphalt

Building

Foundation Basement

Sewer Septic Tank

Water Public

Schools

School District Keystone Lsd - 4708

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Listed by Christopher A Frederick • Coldwell Banker Schmidt Realty • thefrederickteam@gmail.com 216-210-7653
Bought with Mathew P Chase • Keller Williams Greater Metropolitan

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agent

Bob Jackson

Agent | License ID: 2012001434,WV0028109

+1(304) 280-1242

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