1572 W 117th Street (Sale)

$650,000 (Sale)

1572 W 117th St, Lakewood, Ohio 44107

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Property Details

Property Type: Restaurant
Building Size: 5,198 SF
Lot Size: 0.3 Acres
Zoning: C3 - Commercial General

Overview

Positioned just seconds from the Interstate 90 / W. 117th interchange, this property sits at one of the most strategic access points between Cleveland and Lakewood. The site captures both commuter traffic and dense surrounding rooftops. The site benefits from immediate proximity to Lakewood’s Gold Coast, one of the most densely populated residential pockets in Ohio. The property features over 5,000 SF of usable space, including a high-capacity dining room, bar area, and a lower-level ideal for private events or expanded operations. Unlike typical second generation spaces, this building minimizes upfront capital expenditures with a brand new roof, well maintained mechanicals, & full restaurant infrastructure and equipment in place. Ongoing infrastructure upgrades including transit improvements at the nearby West 117th–Madison Station and major I-90 corridor reinvestment are reinforcing this node as a primary west-side gateway into downtown Cleveland. As development momentum continues to push along W. 117th, this location is well positioned to benefit from revitalization and established density.

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Highlights

Turn-Key restaurant, new Roof 2026, 24 parking spaces available on site, fully built-out kitchen, bar, and dining areas already in place.
5,000+ SF Multi-Level Layout – 2,897 SF main dining/bar level plus 2,599 SF lower-level event space
115+ seat dining area & full bar on 1st floor for high-volume operations
Positioned along W. 117th with ~17,000 vehicles/day
Existing restaurant use with clear path for redevelopment