Commercial Real Estate for Sale at 3941 Erie Street in Willoughby, OH for $2,800,000

Listing data last changed 5/4/2026
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3941 Erie Street | Willoughby

$2,800,000 | 0.0 Sq. Ft.

Investment 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\u0027s favorite destination for restaurants, bars, shopping, and year-round entertainment and activities! MLSNow 5107172

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

MLS Listing ID: 
MLSNow 5107172
Listing Category: 
Purchase
Listing Status
Status of the Listing.
Listing Status: 
Active
Listing Status (Local): 
Active
Listing Pricing
Pricing information for this listing.
List Price: 
$2,800,000
Basic Property Information
Fields containing basic information about the property.
Property Type: 
Commercial
Property Sub Type: 
Retail
Primary Market Area: 
Willoughby
Address: 
3941 Erie Street, Willoughby, OH 44094
County: 
Lake
Latitude: 
41.6436070
Longitude: 
-81.4063080
Directions: 
Erie St. just north of Route 20 adjacent to Chagrin River across from Willoughby Municipal Court.
Public Remarks: 
Investment 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\u0027s favorite destination for restaurants, bars, shopping, and year-round entertainment and activities!
Community Information
School District: 
Willoughby-Eastlake - 4309
Building Details
Details about the building on a property.
Stories: 
2
Year Built: 
2016
Living Area: 
0.0
Basement: 
None
Construction
Roof: 
Flat
Porch: 
Patio
Room Details
Details about the rooms in the building.
Total Bedrooms: 
0
Total Bathrooms: 
0
Total Full-Bathrooms: 
0
Total Half-Bathrooms: 
0
Total One-Quarter-Bathrooms: 
0
Total Three-Quarter-Bathrooms: 
0
Utilities
Information about utilities available on the property.
Heating System: 
Forced Air,Gas
Cooling System: 
Central Air
Water Source: 
Public
Sewer: 
Public Sewer
Lot/Land Details
Details about the lots and land features included on the property.
Acres: 
1.56
Lot Size (Area): 
1.56
Lot Features
Parking Type: 
Asphalt,On Site,Outside,Paved
Total Parking Spaces: 
48
Public Record
Parcel Number: 
27-B-037-0-00-006-0
Annual Tax: 
$34,167.00
Contract Details
Details about the listing contract.
Possession: 
Delivery Of Deed,Negotiab
Listing Participants
Participants (agents, offices, etc.) in the transaction.
Listing Agent Name: 
Rick Osborne
Listing Co-Agent Name: 
Carrie A Dworning
Listing Office Name: 
Keller Williams Greater Cleveland Northeast
Listing Co-Office Name: 
Keller Williams Greater Cleveland Northeast

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