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518 West Main St - Wiley's Lounge for sale. Turn-key Restaurant/Pub/Tavern/Cafe with a loyal customer base. The 6054 sqft building, inventory, and .89 acre property are included. Approximately 80 car parking lot. Full kitchen, stainless equipment, freezer, inventory, and lots of storage. This is a well established local Tavern with two fully functional bars, and additional banquet rooms for separate parties if desired. The main banquet room has a stage that rents out for live bands and comedy nights. There are 2 separate addresses, if needed, and separate entrances, and a movable partition for larger events. You could rent half of building to another business if desired. This is the only restaurant/tavern in the district with a D6 liquor license, for 7-day sales. Outdoor patio area has a privacy fence. Browns-Backers are here, and Lottery/Keno/ATM/Pool & Dart Leagues and more. Appointment required to view property and inventory. Newer roof and central air conditioning unit, plus various other improvements, plus recently upgraded water treatment system. Conveniently located between Rt 58 and Rt 60 and only minutes from I-90 and the Ohio Turnpike.

Listing information

  • MLS® ID: 3795142
  • Status: Active
  • New Construction: No
  • Lot Size: 272x188x106x230
  • Style: Retail / Hospitality / Service
  • Stories: 1
  • Foreclosure: No
  • Estimated Annual Taxes: $3,284
  • Year Built: 1960
  • Parking Type Description: On Site 80 cars
  • Lot Area: 0.89
  • County: Lorain

Features

Assessments Y/N No
Available Financing Cash, Conventional
Basement Detail None, Slab
Cooling Type Central Air
Elevator Y/N No
Fences Privacy, Wood
Heating Fuel Gas
Heating Type Fireplace-Wood, Forced Air
Homestead Exemption Y/N No
Location Freestanding, Historic Area, Other, Park, Suburban
Miscellaneous Features Furniture/Fixtr Inv., Sign
Other Current Use - Restaurant/Tavern, Lot Size Depth - 188, Lot Size Frontage - 272, Num Of Units - 2, Retail Sq Ft - 6054
Owner Pays Pays All
Possession Time of Transfer
Property Subtype Retail
Retail Type Restaurant
Roof Asphalt/Fiberglass, Rubber
Tenant Pays Pays All
Water Sewer Private Sewer, Public Water
Listing Courtesy of Russell Real Estate Services