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$ 749,000
Est. payment | /mo
0.93 Acres Lot
$ 749,000
Est. payment | /mo
0.93 Acres Lot
Key Details
Property Type Commercial
Sub Type Industrial
Listing Status Active
Purchase Type For Sale
Subdivision Willoughby City
MLS Listing ID 5100859
HOA Y/N No
Year Built 1888
Annual Tax Amount $5,900
Tax Year 2023
Lot Size 0.930 Acres
Acres 0.93
Property Sub-Type Industrial
Property Description
Built in 1888, this 7,500± SF three-story brick building is a preserved piece of Willoughby's industrial history, offering unmatched charm, character, and versatility. Originally a flour mill, it has been carefully restored to maintain its original wood floors, industrial design, and functional adaptability, including a first-floor overhead door for easy access. The building also features a newer roof, adding to its structural integrity and longevity. The fenced-in yard provides flexible outdoor space for events, storage, or operational needs, while adjacent paved parking with leased space from Norfolk Southern Railroad ensures convenient accessibility.
With its historical significance and distinctive atmosphere, the property is perfectly suited for a boutique hotel, microbrewery, distillery, event venue, or cultural attraction. Its rich history and paranormal reputation make it a natural draw for ghost tours, historical programming, and tourism experiences, further enhancing its appeal. This rare and authentic property presents endless possibilities, blending preserved industrial charm with modern potential, making it an unparalleled opportunity to create something truly special in Downtown Willoughby.
Financials available with NDA
With its historical significance and distinctive atmosphere, the property is perfectly suited for a boutique hotel, microbrewery, distillery, event venue, or cultural attraction. Its rich history and paranormal reputation make it a natural draw for ghost tours, historical programming, and tourism experiences, further enhancing its appeal. This rare and authentic property presents endless possibilities, blending preserved industrial charm with modern potential, making it an unparalleled opportunity to create something truly special in Downtown Willoughby.
Financials available with NDA
Location
State OH
County Lake
Interior
Heating Gas
Furnishings Partially
Fireplace No
Exterior
Parking Features Additional Parking, Parking Lot
Water Access Desc Public
Roof Type Asphalt,Fiberglass
Building
Sewer Public Sewer
Water Public
Schools
School District Willoughby-Eastlake - 4309
Others
Tax ID 27-B-041-0-00-024-0
Acceptable Financing Cash, Conventional, Other
Listing Terms Cash, Conventional, Other
Special Listing Condition Standard
Listed by Hannah Pannetti • Keller Williams Citywide • hpannetti@kw.com 216-403-2447
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Rebecca Nedelka
REALTOR® | Lic# 2020004698