40980 Butternut Park Ct

40980 Butternut Park Ct, Elyria, OH 44035

  • For Sale $345,900
  • Property Type Other
  • Lot Size 0.76 Acre
  • Date Updated Jan 24, 2025
Exceptional Commercial Opportunity in Prime Location! Presenting a rare estate sale of the former well-known Joe's Bar, a staple in the community for over 50 years. Property offers unparalleled visibility, fronting two major streets w/extremely high traffic flow & situated less than a mile from major highways, making it a prime location for any business. Currently zoned for Restaurant/Cafeteria/Bar use, this property includes a spacious, attached 3-bedroom apartment—ideal for additional income or owner-occupancy. Imagine the convenience of living where you work! The property features a spacious restaurant w/ample seating, two bathrooms, full basement, & .77-acre lot that offers additional parking & patio space. Sale includes all current equipment and a valuable liquor license, making it an unbeatable investment opportunity. Possibilities here are endless! While the property is priced "as-is," there's potential for rezoning, opening doors to a wide array of business ventures. Whether you're looking to revive this iconic establishment, take advantage of the apartment rental possibilities, or launch your next business venture in a prime location, this property has it all. Don't miss out on this unique chance to own a piece of local history (offered for sale for the 1st time in over 50 years) w/incredible potential. Call today to schedule your private tour!
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Highlights

  • Water: Municipal Water
  • Heating - Fuel Type: Gas
  • Cooling: Central A/C
  • Sewer: Septic
  • Heating Type: Forced Air

Contacts

broker

Coldwell Banker Schmidt Family of Companies

broker

Coldwell Banker Schmidt Family of Companies

Location

Getting Around

  • Walk Score ®

    2/100 Car-Dependent
  • Bike Score ®

    29/100 Somewhat Bikeable
Powered by Walk Score ®
  • City Elyria, OH
  • Zip Code 44035
  • Market Cleveland Akron

Points of Interest

  • Elyria

    3.95 miles

  • Sheetz

    3.34 miles

  • Sunoco Food Mart

    3.43 miles

  • Speedway

    4.00 miles

  • Shell

    4.82 miles

  • BP

    5.43 miles

  • GetGo

    5.79 miles

  • Marathon

    6.16 miles

  • Equestrian Center and Nielsen Observatory Parking

    2.27 miles

  • Parking Lot 12

    4.82 miles

  • Truck Parking

    6.92 miles

  • Bus Parking

    6.99 miles

  • Car Parking

    7.00 miles

  • RV Parking

    7.01 miles

  • Animal Clinic Northview Parking Lot

    7.05 miles

  • Journey Inn

    4.77 miles

  • Courtyard Cleveland Elyria

    5.25 miles

  • Hampton Inn & Suites Elyria

    5.36 miles

  • The Hotel at Oberlin

    5.37 miles

  • Red Roof

    5.78 miles

  • Best Western Inn

    5.85 miles

  • Camelot Inn

    5.86 miles

  • Country Inn & Suites

    5.93 miles

  • Quality Inn

    5.95 miles

  • Homewood Suites

    7.78 miles

  • KFC

    3.24 miles

  • Panera Bread

    3.27 miles

  • Mr. Hero

    3.32 miles

  • Rubin's Restaurant

    3.34 miles

  • Romeo's Pizza

    3.35 miles

  • Burger King

    3.37 miles

  • Subway

    3.39 miles

  • Domino's

    3.41 miles

  • Taco Bell

    3.43 miles

  • Charleys Philly Steaks

    3.44 miles

  • West Carlisle Elementary School

    0.28 miles

  • East Carlisle Elementary School

    2.09 miles

  • Murray Ridge School

    2.47 miles

  • Holy Cross School

    2.63 miles

  • Hamilton School

    2.75 miles

  • Franklin Elementary School

    2.82 miles

  • Midview High School

    3.12 miles

  • Midview Middle School

    3.12 miles

  • Prospect Elementary School

    3.20 miles

  • Elyria High School

    3.25 miles

  • Oberlin Early Childhood Center

    4.87 miles

  • Lorain County Community Action Agency Head Start

    5.17 miles

  • Horizon Education Centers

    7.69 miles

  • Tower Educational Learning Center

    9.01 miles

  • The Nest Schools

    9.32 miles

  • Elyria Kidz R Us II Learning Center

    9.57 miles

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