Burger King has closed its location at Liberty and Vermilion Roads in Vermilion, Ohio.
“The only fast food restaurant in town not to have updated in recent years, the franchise owner chose not to renew its lease with property owner Linwood Park Corp.,” stated Mayor Forthofer.
According to the mayor, “Linwood, which owns another vacant property at the corner of Liberty and Vermilion, will combine both lots and market the site as one of the prime pieces of commercial real estate in Vermilion.”
At the Vermilion City Council Meeting on Monday, February 3, 2020 Mayor Forthofer reported that Linwood Park Company has informed the city that their lease client Burger King is vacating their lease.
“The building will be torn down,” stated the mayor.
Mayor Forthofer explained that the triangular property next door to Burger King is also owned by Linwood Park.
“The small size of the triangular property has made it hard to market,” said the mayor. “But, combined with the old Burger King land, Linwood Park Company has 2.35 acres of prime marketable land on the corner of Liberty and Vermilion Road overlooking Dairy Dock and the Lagoons. Linwood is making arrangements with commercial property marketers and has asked me to help find a project beneficial to the city for this spot.”