KeyBank Purchases Former Donatos for $900,000

Restaurant Sold in Sheffield Village to Cleveland Bank

Donato’s Pizzeria LLC recently sold 5290 Detroit Road in Sheffield Village to Keybank National Association for $900,000 or approximately $350 per square foot.

This 2,565-square-foot general retail restaurant building , built in 2002, is located on the southwest corner of Detroit Road and North Abbe Road. The building features a drive-through and more than 30 parking spots.

KeyBank’s headquarters are located in the Key Tower of Cleveland and have 985 full-service branches located in 13 states.

Daniel Clark of Goodman Real Estate Services Group, LLC, represented the seller, Donato’s Pizzeria LLC. Richard Edelman of Goodman Real Estate Services Group, LLC represented the buyer, KeyBank National Association.

Please refer to CoStar Comps ID # 1533636 for further details on this transaction.