40980 Butternut Park Court, Elyria OH 44035

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$299,500

40980 Butternut Park Court, Elyria, OH 44035

bedrooms

bathrooms

square feet

Acreage

0.76

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year built

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Exceptional Commercial Opportunity in Prime Location! Presenting a rare estate sale of the former well-known Joe's Bar, a staple in the community for over 50 years. Property offers unparalleled visibility, fronting two major streets w/extremely high traffic flow & situated less than a mile from major highways, making it a prime location for any business. Currently zoned for Restaurant/Cafeteria/Bar use, this property includes a spacious, attached 3-bedroom apartment—ideal for additional income or owner-occupancy. Imagine the convenience of living where you work! The property features a spacious restaurant w/ample seating, two bathrooms, full basement, & .77-acre lot that offers additional parking & patio space. Sale includes all current equipment and a valuable liquor license, making it an unbeatable investment opportunity. Possibilities here are endless! While the property is priced "as-is," there's potential for rezoning, opening doors to a wide array of business ventures. Whether you’re looking to revive this iconic establishment, take advantage of the apartment rental possibilities, or launch your next business venture in a prime location, this property has it all. Don’t miss out on this unique chance to own a piece of local history (offered for sale for the 1st time in over 50 years) w/incredible potential. Call today to schedule your private tour!

Location
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County	Lorain
Elementary School	-
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MLS number: 5064379

Listing agent: Christopher A Frederick #426983

Listing broker: Coldwell Banker Schmidt Realty (440) 572-0220

Last update: Friday, February 14 2025 at 3:14 p.m. EST

Kotohomes National