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Mixed-Use Land for Sale in Willoughby, Ohio

3941 Erie St, Willoughby, OH 44094

$2,800,000
1.56 acres
Active
$150k drop
Est $16,567/mo

PRIME LOCATION for an exceptional investment opportunity in Historic Downtown Willoughby! This stunning 8,700 SF modern two-story building was constructed in 2016 for a state of the art gastropub, micro brewery, and fine dining restaurant. Perfectly suited for a variety of retail, office, or entertaining business ventures. This venue is fully equipped and located adjacent to the Chagrin River near a high traffic intersection with high visibility on Erie Street off of Route 20. Some other features include a liquor license (A1A, A1C, D6), large open-concept kitchen, 2 full bars, brewery equipment, indoor seating up to 160, private office, restrooms on both levels, an elevator, and exclusive parking lot. The outdoor rooftop patio with fireplace is easily the best in the area, seating up to 75, overlooking the charming community of DTW. Experience Northeast Ohio's favorite destination for restaurants, bars, shopping, and year-round entertainment and activities! Price negotiable and will consider sale, lease, or land contract option with qualified parties.

Sq feet
2016
Built

Location

Street address
3941 Erie St
School district
Willoughby-Eastlake - 4309
Elevation
646 feet
Coordinates
41.6436, -81.4063

Directions

Erie St. just north of Route 20 adjacent to Chagrin River across from Willoughby Municipal Court.

Property details

Acreage
1.56 acres
MLS #
NEOHREX 5107172
Posted

Property taxes

2024
$34,167

Parcels

  • 27-B-037-0-00-006-0

Details and features

Listing

Type
Residential
Subtype
Retail
Franchise
Keller Williams Realty

Exterior

Parking Spaces
48
Pool
Patio

Structure

Stories
2
Water
Public
Sewer
Public Sewer
Heating
Forced Air, Natural Gas
Cooling
Central Air
Roof
Flat

Property utilities

CategoryTypeStatusDescription
GasNatural GasConnected

Listing history

DateEventPriceChangeSource
Oct 7, 2025Price drop$2,800,000$150,000 -5.1%NEOHREX
Apr 28, 2025Price drop$2,950,000$550,000 -15.7%NEOHREX
Apr 17, 2025New listing$3,500,000NEOHREX
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This 1.56-acre property is located at 3941 Erie St in Willoughby, OH 44094. The property is available for sale for $2,800,000. It has a structure built in 2016.

Checked 1 hour ago — Updated

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