5348 E Lake Road Sheffield Lake, OH $ 700,000
5348 E Lake Road
$ 700,000
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5348 E Lake Road

Sheffield Lake, OH, 44054
$ 700,000
Bedrooms-- Baths--

Monthly Estimate*

$ 4,367

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Commercial Property for sale in Sheffield Lake, OH

for $700,000. This building was built in 1996 on a lot size of 1.33.

This location is waiting for you and your investors to turn it into a destination spot on Lake Rd. There are multiple ways to stream revenue here. The main dining area is 1500 square feet and boasts a 53 foot long bar. There is a separate 600 square foot dining room that is prfect for smaller private events or overflow dining on busy nights. Another part of the building is a 1600 square foot banquet hall currenly leased month-to-month by a private billiards club. Yet another bar found in the basement could be the VIP lounge or green room for entertainmnt before they take the stage. Included inthis sale, to the west of the restaurant is another .63 acre lot that could be developed with outdoor volleyball or beautified green space for events. The right vision and capex can turn this location into a unique experience that people will travel to enjoy. Book your showing today.

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Commercial Pending

Price

$ 700,000

Property Type

Commercial

Taxes

$ 15,324

Style

Lot Size

1.33

Year Built

1996

Town/City

Sheffield Lake

County/Region

Lorain

MLS | Web ID

5109955

Features
General
Sewer Public Sewer
Heating Forced Air Gas
Cooling Central Air
Possession Negotiable
Roof Asphalt Fiberglass
Year Built 1996
Stories Count 1
Township Sheffield Lake
Levels One
Property Subtype Retail
Tax Year 2024
Current Use Commercial
Business Type Restaurant
Additional Parcels Description 03-00-033-104-014 03-00-033-104-010 03-00-033-104-019 03-00-033-104-011
Business Name Pez'z Bar & Grill
County Lorain
Property Type Commercial Sale
Attached Garage false
Subdivision Name Sunset Cc Allotment
Building Features Private Restrooms Public Restrooms
Status Pending
Directions From I-90: exit west on SR-611; north on Abbe east on Lake Rd.
City Sheffield Lake
High School District Sheffield-Sheffield - 4713
Zoning Description Commercial
Lot Size Units Acres
Tax Annual Amount 15324
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Pending
Occupancy Type Owner
Middle/Junior School District Sheffield-Sheffield - 4713
Elementary School District Sheffield-Sheffield - 4713
Year Built Source Public Records
Virtual Tour https://youtu.be/Z87dx_p4rm0
Property Sub Type Additional Retail
Legal Description 42 X 251.70
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Interior
Basement Full Partially Finished
Total Stories 1
Basement (Y/N) true
Air Conditioning Y/N true
Heating Y/N true
Main Level Bathrooms 0
Total Baths 0
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Exterior
Fencing None
Parking Features Parking Lot
Water Source Public
Lot Size Area 1.33
Foundation Details Basement
Number of Buildings 1
Building Area Total 8508
Lot Size Acres 1.33
Lot Size Source Public Records
Waterfront Y/N false
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* Excluded Features
List By
Molly Szafran

Listing Agent

Russell Real Estate Services

Broker

SellingWithSzafran@gmail.com

Email

Affordability Calculator

$5,644
Per Month
77%
23%
0%
Monthly Principal & Interest
$4,367
Monthly Property Taxes
$1,277
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% 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
4458468 Elementary School
4458428 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
8/29/2025$700,000 Listed Price

Map


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5348 E Lake Road, Sheffield Lake, OH, 44054 is a Commercial Property for sale at $700,000 with a lot size of 1.33. 5348 E Lake Road was built in 1996. The property's zip code is 44054 which is in Sheffield Lake, OH