Retail at 5348 E Lake Road, Sheffield Lake
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$650,000

5348 E Lake Road
Sheffield Lake, OH 44054
Listed by Molly Szafran · Russell Real Estate Services
Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
1996

About this home

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.

Property details

MLS
NOWDD
MLS #
5109955
Property type
Retail
Subdivision
Sunset Cc Allotment
Status
Active
Days on market
469
On market date
March 27, 2025
Stories
1
Total bathrooms
N/A
Garage spaces
N/A
Parking spaces
N/A
Lot size
1.33 acres
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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.

Elementary
Knollwood Elementary School
1.23 mi away · Grades 0-2
Nearest school -- attendance-zone data not available here
3.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
204
Student:teacher ratio
15.7:1
District
Sheffield-Sheffield Lake City
Middle
Troy Intermediate Elementary School
1.9 mi away · Grades 5-6
Nearest school -- attendance-zone data not available here
3.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
529
Student:teacher ratio
17.1:1
District
Avon Lake City
High
Brookside High School
2.31 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
3.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
459
Student:teacher ratio
17.0:1
District
Sheffield-Sheffield Lake City

Walkability

Blended score for Sheffield Lake's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

34
Car-dependent
out of 100
EPA National Walkability Index
7.3 / 20 -- Below average walkable
Google Places amenity density
30 / 100
Restaurants & cafes4
Grocery stores1
Parks6
Schools0
Transit stops0
Pharmacies0

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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/mo
Est. monthly payment
$4,064/mo
$130,000 down
$520,000 loan
Principal & interest$3,373
Property tax (est.)$542
Home insurance (est.)$150

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Data source: Listing information provided by NOWDD via Trestle/CoreLogic. Last updated September 16, 2026.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.