Don’t miss out! This turnkey commercial property in Downtown Willoughby boasts two salon/barber stations, wash sink, furnished waiting area, dry bar with refrigerator, washer, dryer, and space for a third salon/barber station! Located in a premier destination in Northeast Ohio known for its unique restaurants, bars, community activities, and vintage shopping, this property is perfect for investors AND owner users alike! Please do not hesitate to tour or reach out to our team with questions!
Discover a rare chance to invest in two exceptional properties at the heart of Downtown Willoughby, offering the perfect blend of historic charm and modern appeal. This listing includes Spirits in Willoughby, a contemporary entertainment venue, and the iconic Willoughby Coal Supply, an industrial landmark from 1888. Together, these properties offer unmatched potential to redefine hospitality and entertainment in this vibrant community. Spirits in Willoughby is a 4,800± SF hub of activity designed for high-capacity gatherings and diverse entertainment. With a fully equipped commercial kitchen, a horseshoe-shaped bar, Ohio Lottery Keno, and the largest patio in the district, it’s tailor-made for social events, live music, and seasonal dining. Unique touches like a gazebo, fire pit, bocce courts, and a repurposed train car set this property apart, offering endless creative possibilities for future use. Adjacent to this modern gem is the Willoughby Coal Supply, a 7,500± SF brick structure brimming with historic character. With original wood floors, cultural significance, and a reputation as a destination for paranormal enthusiasts, this property is perfect for events, tours, or adaptive reuse. Its fenced outdoor space, ample parking, and connection to community programs add even more versatility. Strategically located in the Entertainment District and surrounded by thriving developments, these properties offer boundless opportunities. Whether you envision a boutique hotel, craft beverage destination, or event venue, this pairing is positioned to set a new standard for experiences in Downtown Willoughby. Don’t miss your chance to bring this transformative vision to life!
Rare opportunity to add this meticulously maintained retail/office asset, located in the heart of Willoughby, Oh business district, to your portfolio. Situated directly across the street from a newly constructed national grocery, this 11,000+sqft property boasts nine units, occupied by six well established tenants and a newly signed lease from a current tenant. Most leases are in place through 2027. Plenty of room for improvement as current rents are at the low end of market, and can be transitioned into NNN leases. The majority of high ticket Capital Expenditures have already been done in the last five years with; new roof in 2022, new HVAC units from 2017-2021, New front supports in 2023, parking lot in 2021. These opportunities do not come available very often in Willoughby! Add to your portfolio today!
Investment opportunity located in the heart of Historic Downtown Willoughby . Stand alone micro brewery and restaurant. Two story open concept space featuring one of the best roof top patios seating 75, where guests can fully enjoy the outdoor dining experience. Indoor seating accommodating 160. Parking onsite of the property. Located near a high traffic intersection with great visibility. Downtown Willoughby is a premier destination in Northeast Ohio known for its one of a kind day and nightlife experience with restaurants, bars, community activities, unique boutique and vintage shopping, along with a year round art and entertainment city schedule.
Willoughby is located in Ohio. Willoughby, Ohio has a population of 23,753. Willoughby is less family-centric than the surrounding county with 23.51% of the households containing married families with children. The county average for households married with children is 26.8%.
The median household income in Willoughby, Ohio is $63,908. The median household income for the surrounding county is $70,168 compared to the national median of $69,021. The median age of people living in Willoughby is 44 years.
The average high temperature in July is 81.3 degrees, with an average low temperature in January of 21.4 degrees. The average rainfall is approximately 39.2 inches per year, with 67.7 inches of snow per year.