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27568523
27568522

7834 Reynolds Rd, Mentor, OH 44060 For Sale

JC
OH OH 2022007286
Equity
BM
OH SAL.0000307880
Equity LLC Hilliard
Listed by Equity, Equity LLC Hilliard
$1,750,000
279 days on market
Updated 88 days ago

8,915 SF Freestanding Restaurant Former Quaker Steak & Lube

Details
APN 16-B-029-0-00-004
Property Type Industrial, Office (+1)
Sub Type Manufacturing, QSR/Fast Food (+1)
Square Footage 8,915
Tenancy Vacant
Price per SqFt $196
Year Built 2009
Acreage 235.000
Zoning M-1 (Light Manufacturing)
Investment Type Owner/User
Ownership Fee Simple

For Sale/Lease | M-1 Zoning Allows Multiple Uses

Marketing description

This freestanding former Quaker Steak & Lube offers a premier restaurant or redevelopment opportunity located at 7834 Reynolds Road in Mentor, OH, a thriving suburb within the Cleveland MSA. The 8,915 square foot building sits on a 3.05 acre parcel at the signalized intersection of Reynolds Road (SR 306) and Tyler Blvd, which experiences a combined traffic count of nearly 39,000 vehicles per day. Built in 2009, the property features ample on site parking with 235 spaces and excellent visibility in one of Mentor’s most active commercial corridors dubbed "restaurant row".

The site benefits from strong surrounding demographics, with over 53,000 households within five miles and a median household income of $85,628, well above the national average. The property is ideally positioned within the vibrant Northeast Cleveland market, which attracts more than 42 million non-resident visitors annually. Adjacent restaurants rank in the 90th percentile among Ohio locations, and nearby retail centers such as Points East Shopping Center (0.4 miles away) rank in the top 85th percentile statewide for visitation, underscoring the area’s strong consumer draw and retail performance.

Zoned M-1 (Light Manufacturing), the property allows for a range of potential uses including restaurant, QSR, office, and other commercial/industrial uses (contact agent for more details). With its high visibility, strong traffic counts, and exceptional market fundamentals, this property represents a unique opportunity for users or investors seeking a well positioned property in one of Greater Cleveland’s most dynamic trade areas.

Investment highlights

  • Freestanding Restaurant Built in 2009 – Former Quaker Steak & Lube

  • Available for Sale or Lease – 8,915 SF building on 3.05 acres

  • Prominent Corner Location – Signalized intersection of Reynolds Rd. (SR 306) and Tyler Blvd. with a combined 38,911 VPD

  • Ample Parking – 235 on site spaces

  • Zoning: M-1 (Light Manufacturing) – Flexible use potential including restaurant, QSR, office, and other commercial/industrial uses (contact agent for more details)

  • Strong Surrounding Demographics – Over 53,000 households within 5 miles; $85,628 median household income

  • High-Performing Trade Area – Adjacent restaurants rank in the 90th percentile among Ohio locations

  • Retail Synergy – 0.4 miles from Points East Shopping Center, ranking in the top 85th percentile statewide for visitation

  • Part of the Cleveland MSA – Population over 2.1 million with 114.9 million non-resident visitors annually

Listing Contacts

JC
OH OH 2022007286
Equity
BM
OH SAL.0000307880
Equity LLC Hilliard
Listed by Equity, Equity LLC Hilliard

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Additional Information

Name
Jake Carter
License
OH 2022007286
Brokerage
Equity
Title
Senior Advisor
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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