3941 Erie Street Willoughby, OH $ 2,800,000
3941 Erie Street
$ 2,800,000
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3941 Erie Street

Willoughby, OH, 44094
$ 2,800,000
Bedrooms-- Baths--

Monthly Estimate*

$ 17,240

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Commercial Property for sale in Willoughby, OH

for $2,800,000. This building was built in 2016 on a lot size of 1.56.

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 a state of the art gastropub, micro brewery, and fine dining restaurant. Perfectly suited for a variety of retail, office, or entertaining business ventures. This venue is fully equipped and located adjacent to the Chagrin River near a high traffic intersection with high visibility on Erie Street off of Route 20. Some other features include a liquor license (A1A, A1C, D6), large open-concept kitchen, 2 full bars, brewery equipment, indoor seating up to 160, private office, restrooms on both levels, an elevator, and exclusive parking lot. The outdoor rooftop patio with fireplace is easily the best in the area, seating up to 75, overlooking the charming community of DTW. Experience Northeast Ohio's favorite destination for restaurants, bars, shopping, and year-round entertainment and activities! Price negotiable and will consider sale, lease, or land contract option with qualified parties.

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Commercial Active

Price

$ 2,800,000

Property Type

Commercial

Taxes

$ 34,167

Style

Lot Size

1.56

Year Built

2016

Town/City

Willoughby

County/Region

Lake

MLS | Web ID

5107172

Features
General
Sewer Public Sewer
Heating Forced Air Gas
Cooling Central Air
Possession Delivery Of Deed Negotiable
Roof Flat
Patio/Porch Features Patio
Year Built 2016
Stories Count 2
Township Willoughby
Levels Two
Property Subtype Retail
Tax Year 2024
Current Use Commercial Retail Vacant
Business Type Bar/Tavern/Lounge Commercial Food & Beverage Professional/Office Restaurant Retail
Additional Parcels Description 27-B-037-0-00-005-0
County Lake
Property Type Commercial Sale
Attached Garage false
Building Features Elevator(s) Public Restrooms Reception Area
Status Active
Directions Erie St. just north of Route 20 adjacent to Chagrin River across from Willoughby Municipal Court.
City Willoughby
High School District Willoughby-Eastlake - 4309
Lot Size Units Acres
Tax Annual Amount 34167
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Middle/Junior School District Willoughby-Eastlake - 4309
Elementary School District Willoughby-Eastlake - 4309
Year Built Source Public Records
Property Sub Type Additional Retail
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Interior
Basement None
Basement (Y/N) false
Air Conditioning Y/N true
Heating Y/N true
Main Level Bathrooms 0
Total Baths 0
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Exterior
Parking Features Asphalt On Site Outside Paved
Water Source Public
Total Parking 48
Lot Size Area 1.56
Number of Buildings 1
Building Area Total 8700
Lot Size Acres 1.56
Lot Size Source Appraiser
Waterfront Y/N false
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* Excluded Features
List By
Rick Osborne

Listing Agent

Keller Williams Greater Cleveland Northeast

Broker

rick.osbornejr@kw.com

Email

Affordability Calculator

$20,087
Per Month
86%
14%
0%
Monthly Principal & Interest
$17,240
Monthly Property Taxes
$2,847
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4458231 Elementary School
4458584 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/7/2025$2,800,000 -5.08% Price Down
8/29/2025$2,950,000 Listed Price

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3941 Erie Street, Willoughby, OH, 44094 is a Commercial Property for sale at $2,800,000 with a lot size of 1.56. 3941 Erie Street was built in 2016. The property's zip code is 44094 which is in Willoughby, OH