28711 Euclid Ave, Wickliffe, OH 44092

Licensed Auctioneer of Record: John Froelich, OH 2010000128.

For registration requirements and regulations, please review here or contact Jake Fleming | 949-401-9557 | [email protected].

Property Tour Available by appointment only. Please confirm your appointment with Margaret Slesnick 330.575.7584

This 5,244-sf former fast food restaurant is located in a busy commercial district of Wickliffe, Ohio and is near the I-90 entrance ramp. The property sits on 1.22 acres with 33' of frontage along Euclid Avenue and is prime for redevelopment. The location is in proximity to many auto related businesses.

There is a deed restriction on the property citing no food or beverage use, or cannabis. It is likely that the restriction can be lifted for a local food operator but not a large commercial or national chain that may compete with McDonald's. This is not guaranteed but a designated contact will work with the buyer to help facilitate the release of the restriction along with the help of the City of Wickliffe.

The best use would be for a non-food related commercial redevelopment project or renovation of the interior space for other commercial use. There is a drive-thru window, walk-in cooler, storage racks, older kitchen and restaurant fixtures and hood system with plenty of parking on both sides of the building. There could be room for building expansion by utilizing some of the available parking space. Discussion in advance with the city for your business concept is highly recommended.

Store Front Renovation Reimbursement Grant - City of Wickliffe, Ohio

For Improvements to the front facade such as signage, parking lot, hard scaping, or anything to improve the front appearance of the building or property, up to a $5000 reimbursement allowance after application is made and work is completed.

· Non-Contingent

· Earnest Money Deposit is 10% of the Winning Bid Amount

· Marketing Fee: 5% of the Winning Bid Amount, $20,000 minimum

· $10,000 Participation Deposit Required

28711 Euclid Ave, Wickliffe, OH 44092

Property Tours Available. Please RSVP with Margaret Slesnick.