$348,000
665 Lafayette RD Medina, OH 44256
Save Share
Schedule a Tour
50
See all 50 photos
$348,000
Est. payment /mo
0.51 Acres Lot
Active
665 Lafayette RD Medina, OH 44256
UPDATED:
09/30/2024 05:34 PM
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Subdivision Medina City
MLS Listing ID 5057956
HOA Y/N No
Year Built 1900
Annual Tax Amount $1,951
Tax Year 2023
Lot Size 0.510 Acres
Acres 0.51
Property Description
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.
Location
State OH
County Medina
Rooms
Basement Full
Interior
Heating Forced Air, Gas
Cooling Central Air
Fireplace No
Exterior
Garage On Site
Waterfront No
Water Access Desc Public
Roof Type Asphalt,Fiberglass
Present Use Commercial,Mixed Use
Parking Type On Site
Building
Story 2
Sewer Public Sewer
Water Public
Level or Stories Two
Schools
School District Medina Csd - 5206
Others
Tax ID 028-19C-09-015
Acceptable Financing Cash, Conventional, Owner May Carry
Listing Terms Cash, Conventional, Owner May Carry
Listed by James L Irwin • Coldwell Banker Schmidt Realty • jirwin1414@outlook.com 330-242-5604
GET MORE INFORMATION
