100^th Bomb Group restau­rant up for auction

CLEVELAND, Ohio – Inter­est­ed in buy­ing a large restau­rant? You are in luck: A list­ing on loop​net​.com says the 100^th Bomb Group restau­rant, which sits on 4.5 acres and is adja­cent to the north side of Cleve­land Hop­kins Air­port, will be up for auc­tion at 11 a.m. Thurs­day, Oct. 29.

The restau­rant, which opened in 2004, cov­ers 26,432 square feet. It was designed as a World War II-era Eng­lish farm­house. Not long after open­ing it closed tem­porar­i­ly for run­way expan­sion and moved to its present loca­tion, about 500 yards away. It is at 20920 Brook­park Road, Cleveland.

The site says it was priced orig­i­nal­ly at $4,750,000 and is being offered with a reserve price of $990,000.

With sta­tioned planes on its grounds and a view of a run­way, the restau­rant is filled with old pho­tos and fea­tured an expan­sive week­end brunch buf­fet, with servers strolling between tables with trays of Mimosas.

Spe­cial­ty Restau­rants Corp. owns the restaurant.

Three on-site inspec­tion dates are sched­uled “where any­one can come and look at the prop­er­ty,” said Mike Berland, prin­ci­pal and man­ag­ing direc­tor of Han­na Com­mer­cial Real Estate and Chartwell Real Estate Auc­tions. “This is going to be a live open out­cry auction.”

The on-site dates are 1 – 3 p.m. on suc­ces­sive Thurs­days: Oct. 8, Oct. 15 and Oct. 22.

Inter­est­ed par­ties don’t have to reg­is­ter for the auc­tion but they do have to bring a cashier’s check for $100,000 as “ini­tial earnest mon­ey to deposit,” he said. Bal­ance will be due at clos­ing, which should be around Mon­day, Jan. 4, pend­ing air­port approval.

A rep­re­sen­ta­tive from Spe­cial­ty Restau­rants Corp., based in Cos­ta Mesa, Cal­i­for­nia, could not be reached for com­ment. The com­pa­ny owns restau­rants with sim­i­lar run­way con­cepts in Los Ange­les and Van Nuys, Cal­i­for­nia, as well as more than a dozen oth­ers fea­tur­ing pleas­ant van­tages, from water to hills.

World War II fli­er David Tal­lichet opened the first SRC restau­rant in 1958.

Those inter­est­ed can con­tact Han­na Com­mer­cial at 216−861−7200.

Source: cleve​land​.com