Grand Pacific Junction

Columbia Rd, Olmsted Falls, OH 44138

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Grand Pacific JunctionGrand Pacific JunctionGrand Pacific JunctionGrand Pacific Junction
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Grand Pacific Junction

Columbia Rd, Olmsted Falls, OH 44138

Asset Type: Real Estate

Estate: Leasehold

Year Built: 1850

Number of Units: 34

Property Type: Retail

Occupancy %: 97.5

Land Area: 6.22 Acres

Property Size: 68,397 SF

Investment Highlights

  • 26 structures across 19 contiguous parcels, roughly 68,397 SF on about 6.22 acres
  • Turnkey events platform , three venues and four bookable spaces with a booked forward calendar
  • 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
  • 97.5% occupied by a diversified base of roughly thirty local tenants , restaurants, retail, offices, and two residences , with no single-tenant dependency
  • 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
  • A walkable downtown destination, the recognized commercial heart of Olmsted Falls
  • 15 miles from downtown Cleveland, minutes from I-480, I-71, and Cleveland Hopkins International Airport

Grand Pacific Junction | Historic Olmsted Falls Mixed-Use District with Turnkey Events Business, Offered Whole for the First Time

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.

Sale FAQs

Investment Sales Broker

Nichole Booker, PhD

Nichole Booker, PhD

SVN | Summit Commercial Real Estate Advisors

Phone: XXXXXXXXXX

Email: XXXXXXXXXXXXXXXXXXXXXX

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