REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 599,000
Est. payment | /mo
6,969 Sqft Lot
$ 599,000
Est. payment | /mo
6,969 Sqft Lot
Key Details
Property Type Commercial
Sub Type Business
Listing Status Active
Purchase Type For Sale
MLS Listing ID 5237151
Construction Status Updated/Remodeled
HOA Y/N No
Year Built 1900
Annual Tax Amount $14,521
Tax Year 2025
Lot Size 6,969 Sqft
Acres 0.16
Property Sub-Type Business
Property Description
This is an exceptional opportunity to acquire SOL, a well-established upscale casual restaurant, bar, and event venue located in the heart of Historic Downtown Willoughby. This location benefits from a bustling downtown area surrounded by restaurants, bars, shops and community events.
SOL has created a recognizable destination for great food, craft cocktails, entertainment, private events, and an inviting atmosphere. With an established customer base, experienced staff, strong operational systems, and multiple revenue streams in place, this is a turnkey opportunity for an owner-operator, restaurateur, hospitality group, or event-focused concept.
The approximately 6,000-square-foot operation offers more than a traditional restaurant. The space features an attractive open concept kitchen, allowing guests to see the culinary experience, multiple dining/bar, private-event, and entertainment spaces designed to accommodate all needs.
One of SOL's signature features is its large outdoor patio-gazebo area with a wood-burning fireplace. This provides an ideal setting for live music and events. The larger private dining area accommodates around 80 guests and includes projector and audio capabilities, making it ideal for meetings, business networking events, holiday parties, rehearsal dinners, fundraisers, and private celebrations. An additional event space accommodates approximately 40 guests and features its own fireplace, for more intimate events.
SOL features a fully equipped kitchen, a D-6 liquor license, established operational systems, recognizable branding, experienced staff, and favorable lease terms. Ownership has invested significantly in equipment, systems, branding, atmosphere, guest experience- Opportunities for continued growth include expanded private-event bookings, corporate and networking events, catering, additional live music, expanded operating hours, wedding-related events, and increased digital marketing. Being offered as a business sale Only.
SOL has created a recognizable destination for great food, craft cocktails, entertainment, private events, and an inviting atmosphere. With an established customer base, experienced staff, strong operational systems, and multiple revenue streams in place, this is a turnkey opportunity for an owner-operator, restaurateur, hospitality group, or event-focused concept.
The approximately 6,000-square-foot operation offers more than a traditional restaurant. The space features an attractive open concept kitchen, allowing guests to see the culinary experience, multiple dining/bar, private-event, and entertainment spaces designed to accommodate all needs.
One of SOL's signature features is its large outdoor patio-gazebo area with a wood-burning fireplace. This provides an ideal setting for live music and events. The larger private dining area accommodates around 80 guests and includes projector and audio capabilities, making it ideal for meetings, business networking events, holiday parties, rehearsal dinners, fundraisers, and private celebrations. An additional event space accommodates approximately 40 guests and features its own fireplace, for more intimate events.
SOL features a fully equipped kitchen, a D-6 liquor license, established operational systems, recognizable branding, experienced staff, and favorable lease terms. Ownership has invested significantly in equipment, systems, branding, atmosphere, guest experience- Opportunities for continued growth include expanded private-event bookings, corporate and networking events, catering, additional live music, expanded operating hours, wedding-related events, and increased digital marketing. Being offered as a business sale Only.
Location
State OH
County Lake
Interior
Heating Forced Air
Cooling Central Air
Fireplace No
Exterior
Parking Features Common, On Site, Parking Lot
Fence Privacy
Water Access Desc Public
Roof Type Asphalt
Total Parking Spaces 130
Building
Sewer Public Sewer
Water Public
Construction Status Updated/Remodeled
Schools
School District Willoughby-Eastlake - 4309
Others
Tax ID 27-A-030-A-00-004-0
Special Listing Condition Standard
Listed by Tim Cline • Platinum Real Estate • tim@callteamcline.com, 440-749-5182
MORTGAGE CALCULATOR
Mortgage values are calculated by Lofty and are for illustration purposes only, accuracy is not guaranteed.