Grand Pacific Junction

Columbia Rd, Olmsted Falls, OH 44138

Property Information

  • For Sale Unpriced
  • Property Type Retail
  • Property Size 68,397 SF
  • Units 34
  • Lot Size 6.22 Acre
  • Property Tenancy Multi-Tenant
  • Year Built 1850
  • Date Updated Sep 25, 2026

Description

In the heart of historic Olmsted Falls in the original business district, about 15 miles southwest of downtown Cleveland and minutes from I-480, I-71, and Cleveland Hopkins International Airport. A walkable downtown destination.Grand Pacific Junction is the historic heart of Olmsted Falls, a walkable commercial district assembled and restored building by building over more than three decades of single ownership. For the first time, the district comes to market whole: the real estate, an established events business across three venues, and three transferable liquor permits, conveying together to one buyer. The next owner steps into a living, working downtown, roughly thirty local tenants across restaurants, retail, offices, and residences, anchored by a turnkey events operation with a booked forward calendar, rather than a renovation project. Protected by historic designation and held under one owner for decades, it is the kind of district that cannot be reassembled at any price. Full financial detail is available under a confidentiality agreement.

Highlights

  • 15 miles from downtown Cleveland, minutes from I-480, I-71, and Cleveland Hopkins International Airport
  • 26 structures across 19 contiguous parcels, roughly 68,397 SF on about 6.22 acres
  • 97.5% occupied by a diversified base of roughly thirty local tenants , restaurants, retail, offices, and two residences , with no single-tenant dependency
  • A walkable downtown destination, the recognized commercial heart of Olmsted Falls
  • Protected by historic designation, within a designated Historic Area Conservation District, and the Grand Pacific Hotel is individually listed on the National Register of Historic Places
  • Three transferable Ohio liquor permits convey with the sale , two D-5 quota permits and one D-5I, two carrying the D-6 Sunday endorsement
  • Turnkey events platform , three venues and four bookable spaces with a booked forward calendar

Contacts

Location

Located at Columbia Rd, Olmsted Falls, OH 44138, this property is part of the Olmsted Falls neighborhood and Cleveland Akron market.

Contact Listing Broker
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