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    Elyria, OH
    Bar & Pub

    Elyria, OH Bars & Pubs for Sale

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    Akron, OH Piqua, OH Sheffield, OH Cleveland, OH Columbus, OH North Ridgeville, OH Lorain, OH Birmingham, OH
    Restaurant Bar with Patio
    Updated: Jul 14
    Restaurant Bar with Patio

    41573 N Ridge Road, Elyria, OH 44035

    $475,000
    3,288 sqft
    Active successful restaurant bar sale includes all equipment with the purchase
    Two P.O.S. systems for liquor sales: 1 for indoor and 1 connected to the outdoor patio
    Restaurant/bar setup connects indoor service and a patio that can be used when open
    33 total parking spaces and 0.95‑acre lot size (price per acre: $578,947.37)
    Exterior is vinyl siding and the property was built in 1950
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    This listing looks promising.

    Here's a quick look at some key insights for

    41573 N Ridge Road, Elyria, OH, OH 44035

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    • Est. Cap Rate

      7.5%
      Above avg (5.9%)

    • Est. NOI

      $35K
      Annual

    • Mortgage

      $180K
      Aug 2022

    • Last Sold

      Aug 2022
      $220K

    • Property Type

      Restaurant
      Built 1950
    View Property Analytics
    Standalone Bar and Lounge
    Updated: Feb 1, 2024
    Standalone Bar and Lounge

    8741 W Ridge, Elyria, OH 44035

    $435,000
    1.03 AC lot
    1.03‑acre bar and restaurant property in Elyria, OH
    80‑space parking lot with refreshed landscaping
    Recently replaced asphalt and fiberglass roof
    Kitchen equipment includes freezers, flat top, broiler, and grill
    Finished basement with exterior access for private events
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    Restaurant with Outdoor Patio
    Restaurant with Outdoor Patio

    801 Foster Ave, Elyria, OH 44035

    Contact for pricing

    Corner restaurant property with indoor dining, customer parking, and a negotiable D-5 liquor license.

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    Turn-Key Bar/Lounge/Restaurant Opportunity
    Turn-Key Bar/Lounge/Restaurant Opportunity

    8741 W Ridge, Elyria, OH 44035

    $435,000
    2,652 sqft

    Stand-alone bar/lounge/restaurant ready for a new owner.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Standalone Bar and Restaurant
    Standalone Bar and Restaurant

    8741 W Ridge Rd, Elyria, OH 44035

    $435,000

    Standalone bar and lounge/restaurant with recently replaced roof, updated kitchen equipment, and 80-space parking lot.

    View details
    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 5 Active listings in Elyria, OH, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Rebuilt Restaurant Property with Patio
    Rebuilt Restaurant Property with Patio

    36816 Detroit Rd, Avon, OH 44011

    $1,150,000
    2,108 sqft

    Includes a commercial kitchen, wood-stove pizza oven, and liquor license rights.

    View details
    Restaurant Building with Patio
    Restaurant Building with Patio

    36816 Detroit Road, Avon, OH 44011

    $1,150,000
    0.39 AC lot

    Includes a commercial kitchen and wood-stove pizza oven for restaurant operations.

    View details
    12-Lane Bowling Alley
    12-Lane Bowling Alley

    2915 Broadway, Lorain, OH 44055

    $775,000
    3.88 AC lot

    Entertainment property combining bowling, dining, banquet, kitchen, and bar facilities.

    View details
    Mixed-Use Brick Building
    Mixed-Use Brick Building

    124 E 28th St, Lorain, OH 44055

    Contact for pricing

    Two-story brick building is undergoing renovation with an unfinished restaurant/bar conversion on the first floor.

    View details

    Elyria, OH Bars & Pubs Market Trends and Statistics

    Explore 5 bars & pubs for sale in Elyria, OH, showcased through 5 active listings on our real estate platform. These investment opportunities span a total of 5,940 square feet of properties for sale, with an estimated market value of $1,780,000.

    Sale prices for pubs in Elyria, OH start at $435,000, averaging $445,000, and reaching up to $475,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Conventional restaurants 13
    Bars & Pubs 7
    Breakfast & diners 1
    Commercial kitchens 1

    Demographics Overview

    Population 110K
    Population Growth (5Y) +3.5%
    Median Household Income $69,523
    College Educated 34.3%

    High-Yield Neighborhoods for Investment

    Identify Elyria submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    44035 $445K

    Taxes & Financing

    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Lorain County

    New Delisted

    Total CRE Inventory on Market (SF)

    Property Size Breakdown

    The majority of commercial real estate listings in Elyria fall within the 100,000+ square foot range.

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