REIT Sale | Former Golden Corral | 19K VPD | Cleveland MSA | 3.6 Acres

Starting Bid $1

• 10,583 SF Freestanding Former Golden Corral Restaurant on Huge 3.67 Acre Parcel, Available Significantly Below Replacement Cost
• 19,345 VPD Traffic Counts on W River Road and Near Both I-80 (+52K VPD) and I-90 (+55K VPD) | Hard Corner across from Midway Mall
• Neighboring National Retailers: Target, Home Depot, Giant Eagle, Lowe’s, Petsmart, American Freight, Staples, Planet Fitness, and more
• Prime Casual Dining Hub featuring Top National Brands like Red Lobster, McDonald’s, Applebee’s, Bob Evans, Dennys, Olive Garden, Chipotle, Buffalo Wild Wings, Wendy’s, Attracting High Foot Traffic and Consistent Demand
• Strong Demographics with Annual Household Income of ±$90,332 and ±120,416 People within a 5-Mile Radius
• Zoned Commercial District with a Variety of Permitted Uses
• Absolute $1 Auction – NO RESERVE!

For Tours prior to auction, please email &
**Tours will not be allowed after auction. 

Marcus & Millichap and RI Marketplace are pleased to present the opportunity to acquire a vacant, free-standing, second-generation restaurant/retail building located at 1519 West River Road North in Elyria, Ohio 44035 (the “Property”). Formerly occupied by Golden Corral, the Property is being offered significantly below replacement cost, providing an attractive opportunity for owner-users, investors, and developers to acquire a highly visible commercial asset within the Cleveland Metropolitan Area. FIRST BID MEETS RESERVE!

Constructed in 2004, the Property consists of a ±10,583-square-foot, single-story retail building situated on a ±3.6726-acre parcel (±159,977 SF). The site occupies a hard-corner intersection at West River Road and Ford Road and benefits from prominent frontage, excellent visibility, and convenient accessibility. Two dedicated curb cuts, including access from both West River Road and Ford Road, provide efficient ingress and egress for customers, employees, and service vehicles. The Property is further enhanced by 188 surface parking spaces (18/1,000 SF), offering parking capacity well in excess of typical retail and restaurant requirements.

The Property features existing restaurant infrastructure, substantial land area, ample parking field, and strategic location creating the potential for either redevelopment or adaptive reuse opportunities. The Property is zoned Commercial District, which permits a broad range of retail, commercial, service, residential, and mixed-use applications, providing exceptional flexibility for prospective users, investors, and developers seeking to capitalize on one of the County’s primary corridors.

Located in Elyria, Ohio, the county seat of Lorain County and a key component of the Cleveland Metropolitan Area, the Property benefits from a strategic position within one of Northeast Ohio’s most established retail and commercial corridors. Situated at the signalized intersection of West River Road North and Ford Road, the site offers excellent visibility and accessibility within a heavily trafficked retail corridor serving Elyria and the surrounding communities.