665 Lafayette Rd

Investment Highlights

Retail property for sale perfectly located right outside of Medina Square. An oversized deck is located at this site great to seating customers. Endless entertainment options here with volleyball courts, outdoor seating and space for lawn or outdoor games.

Executive Summary

Introducing our newest commercial listing: Diner 42 Tavern & Grill, home of the renowned Medina Salsa Company, located at 665 Lafayette Rd, Medina, OH. This establishment has long been a beloved fixture in the community, drawing patrons with its vibrant atmosphere and delicious offerings. Strategically situated along State Route 42 near the main circle, this property presents an exceptional investment opportunity, boasting a lively bar, restaurant, and a comfortable residential apartment. Its proximity to the local industrial park and fairgrounds ensures substantial traffic flow and excellent exposure, with an average of 10,420 vehicles passing by daily. Comprising a total of 2,934 sq ft, the property includes 1,062 sq ft of restaurant space on the first floor, along with a charming 936 sq ft apartment on the second floor, featuring 3 bedrooms and 1 bathroom. The outdoor area is a true gem, featuring an enclosed porch, open porch, expansive wood deck, volleyball court, and a designated area with artificial turf for cornhole and other recreational activities, making it a popular destination for community gatherings and social events. The sale of this property includes all essential furniture, fixtures, and equipment for the restaurant, ensuring a seamless transition for new owners. With its C-1 zoning, the property supports diverse business operations and offers the potential for dual-income streams. This property represents more than just a physical structure; it embodies a lucrative opportunity to capitalize on Medina?s vibrant commercial landscape. With its strategic location, loyal customer base, and versatile amenities, 665 Lafayette Rd offers a rare chance to invest in a property poised for growth, profitability, and community engagement. Investing here isn't just a smart decision; it's a strategic move towards owning a cornerstone of local commerce.

• Sale Type    Owner User
• Sale Conditions    Lease Option Lease Option REO Sale Lease Option
• Property Type    Retail
• Property Subtype    Restaurant Restaurant General Retail Bar Restaurant
• Building Size    2,000
• Building Class    C
• Year Built    1900
• Price    348,000
• Price Per SF    174
• Tenancy    Multiple
• Building Height    2 Stories
• Building FAR    0.09
• Land Acres    0.50 AC
• Opportunity Zone    Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

• Restaurant
• Signage
• Accent Lighting
• Air Conditioning