8082 Columbia Road
Grand Pacific Junction | Historic Olmsted Falls Events District, Offered Whole for the First Time
Marketing description
Grand Pacific Junction is the historic heart of Olmsted Falls, a walkable downtown assembled and restored building by building over more than three decades. For the first time, the defining collection of properties that anchors it comes to market as a single portfolio. It conveys as a going concern, a recognized destination with an operating events business already in place, so the next owner inherits a living, working district rather than a renovation project. It is the kind of place a community already considers its own, and one that cannot be reassembled. Details available to qualified parties under a CA.
Investment highlights
The largest ownership position in the Grand Pacific Junction district, offered for the first time
26 structures, 19 parcels, about 68,397 SF on 6.22 acres
Conveys together: the real estate, operating events business, three Ohio D-5/D-6 liquor licenses
Three event venues: a historic chapel, a historic banquet venue, and open-air gardens
Within a designated Historic Area Conservation District; Grand Pacific Hotel on the National Register of Historic Places
97.5% occupied by a diverse retail, restaurant, event and office tenant base
Walkable downtown destination
15 miles from downtown Cleveland; minutes from I-480, I-71, and Cleveland Hopkins International Airport
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