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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 sale
$150k drop
Est $16,277/moInvestment Opportunity--New Single Tenant Asset--10-year Lease. 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 fine dining restaurant. This venue is located adjacent to the Chagrin River near a high traffic intersection with high visibility on Erie Street off of Route 20. Experience Northeast Ohio's favorite destination for restaurants, bars, shopping, and year-round entertainment and activities!
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Sq feet
2016
Built
Location
- Street address
- 3941 Erie St
- County
- Lake County
- School district
- Willoughby-Eastlake - 4309
- Elevation
- 646 feet
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
| Category | Type | Status |
|---|---|---|
| Gas | Natural Gas | Connected |
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| Oct 7, 2025 | Price drop | $2,800,000 | $150,000 -5.1% | NEOHREX |
| Apr 28, 2025 | Price drop | $2,950,000 | $550,000 -15.7% | NEOHREX |
| Apr 17, 2025 | New listing | $3,500,000 | — | NEOHREX |
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