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    Sheffield Lake, OH

    Sheffield Lake, OH Commercial Real Estate for Sale

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    Sheffield, OH Lorain, OH Avon Lake, OH Avon, OH Cleveland, OH Elyria, OH Beachwood, OH Columbus, OH
    7 properties
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    Lakefront Property with Versatile Use
    Updated: Apr 14
    Lakefront Property with Versatile Use

    4259 E Lake Rd, Sheffield Lake, OH 44054

    $975,000
    4,850 sqft 0.87 AC lot
    Direct lake access with breathtaking views on a 0.87‑acre lakefront lot.
    Versatile B‑1 zoning allows for office, medical, residential (single‑family, multi‑family, live‑work), or short‑term rental use.
    4,850 SF building featuring 16 private offices, 2 conference rooms, and a kitchenette/break area.
    Paved lot with 25+ parking spaces.
    Recent capital improvements including new windows (2021) and a $100,000 natural retention wall (2021).
    View details

    This listing looks promising.

    Here's a quick look at some key insights for

    4259 E Lake Rd, Sheffield Lake, OH 44054

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    • Est. Cap Rate

      6.3%
      Above avg (5.9%)

    • Est. NOI

      $61K
      Annual

    • Mortgage

      $170K
      Jan 2022

    • Last Sold

      Feb 2002
      $375K

    • Property Type

      Office Building
      Built 1990
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    Restaurant with 53-Foot Bar
    Updated: Mar 27, 2025
    Restaurant with 53-Foot Bar

    5348 E Lake Road, Sheffield Lake, OH 44054

    $700,000
    1.33 AC lot
    Large 1500 sq ft main dining area with a 53 ft bar, ideal for a destination restaurant.
    Additional .63 acre lot included for outdoor development (volleyball, green space).
    1600 sq ft banquet hall currently leased, providing immediate income.
    Separate 600 sq ft dining room for private events or overflow seating.
    Basement bar suitable for a VIP lounge or entertainment green room.
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    Versatile Retail/Office Condo Opportunity
    Versatile Retail/Office Condo Opportunity

    4020 Colorado Avenue, Sheffield Lake, OH 44054

    $115,000
    0.05 AC lot

    Retail/office condo with high visibility, flexible layout, and ample parking.

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    Sheffield Village Commercial/Industrial Land
    Sheffield Village Commercial/Industrial Land

    1117 Abbe Road North, Sheffield Lake, OH 44054

    $2,495,000
    2,121 sqft 38.00 AC lot

    38 acres of land for development in Sheffield Village, OH.

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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Commercial Property with High Visibility
    Commercial Property with High Visibility

    1950 Abbe Road North, Sheffield Lake, OH 44054

    $315,000

    C-3 zoned commercial property with flexible space and strong traffic.

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    Vacant Land in Sheffield Village
    Vacant Land in Sheffield Village

    Colorado Ave, Sheffield Lake, OH

    $840,000
    28.00 AC lot

    Vacant land suitable for immediate development or strategic investment.

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    Shovel Ready Corporate Land
    Shovel Ready Corporate Land

    E River Rd and Preservation Blvd, Sheffield Lake, OH

    $9,500,000
    100.00 AC lot

    Permitted sites with underground utilities in a corporate setting.

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    Based on your search, we've compiled 76 Potential Opportunities for your consideration. Besides 7 Active listings in Sheffield Lake, OH, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 65 Off-Market properties to explore as potential leads

    Opportunities in Nearby Cities

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

    Retail/Office Space on Walker Rd
    Retail/Office Space on Walker Rd

    33680 Walker Rd, Avon Lake, OH

    $600,000
    4,000 sqft 0.50 AC lot

    Retail/Office space available for sale on Walker Rd.

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    Vacant Industrial Land Site
    Vacant Industrial Land Site

    3552 Sterling Rd, Lorain, OH 44052

    $840,000

    Vacant industrial-zoned land with electric and gas available at the street, suited for development or long-term holding.

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    Office Space Near Emerging Interchange
    Office Space Near Emerging Interchange

    6145 Park Square Dr, Lorain, OH

    Contact for pricing
    3,244 sqft 0.92 AC lot

    Office space for sale near Target, Lowe’s, and Cleveland Clinic.

    View details
    Industrial Land For Sale
    Industrial Land For Sale

    720 Moore Rd, Avon Lake, OH 44012

    Contact for pricing

    Land with frontage and industrial zoning, utilities on-site.

    View details

    Off-Market Properties in Sheffield Lake, OH

    Consider similar Off-Market properties in Sheffield Lake, OH. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    265 Pleasantview Ave, Unit 1
    MINI-WAREHOUSE, STORAGE

    265 Pleasantview Ave, Sheffield Lake, OH 44054

    Unit 1
    Value Estimation by Request
    1,000 sqft 0.02 AC lot
    View details
    4672 Lk Rd
    APPLIANCE STORE

    4672 Lk Rd, Sheffield Lake, OH 44054-1359

    Value Estimation by Request
    9,100 sqft 0.09 AC lot
    View details
    5334 Mdw Ln Ct
    MEDICAL BUILDING

    5334 Mdw Ln Ct, Sheffield Lake, OH 44054

    Value Estimation by Request
    18,827 sqft 1.68 AC lot
    View details
    Pleasantview Dr
    VACANT COMMERCIAL LAND

    Pleasantview Dr, Sheffield Lake, OH 44054

    Value Estimation by Request
    0.09 AC lot
    View details
    4254 Lk Rd
    OFFICE BUILDING

    4254 Lk Rd, Sheffield Lake, OH 44054-1127

    Value Estimation by Request
    1,858 sqft 0.24 AC lot
    View details
    Transportation Dr
    VACANT COMMERCIAL LAND

    Transportation Dr, Sheffield Lake, OH 44054

    Value Estimation by Request
    0.91 AC lot
    View details
    Wedgewood Dr
    VACANT COMMERCIAL LAND

    Wedgewood Dr, Sheffield Lake, OH 44054

    Value Estimation by Request
    0.32 AC lot
    View details
    Wedgewood Dr
    COMMERCIAL (GENERAL)

    Wedgewood Dr, Sheffield Lake, OH 44054

    Value Estimation by Request
    0.37 AC lot
    View details
    300 Abbe Rd, Unit 3
    MINI-WAREHOUSE, STORAGE

    300 Abbe Rd, Sheffield Lake, OH 44054

    Unit 3
    Value Estimation by Request
    1,000 sqft 0.02 AC lot
    View details
    Colorado Ave
    VACANT COMMERCIAL LAND

    Colorado Ave, Sheffield Lake, OH 44054

    Value Estimation by Request
    2.16 AC lot
    View details
    Colorado Ave
    VACANT COMMERCIAL LAND

    Colorado Ave, Sheffield Lake, OH 44054

    Value Estimation by Request
    28.04 AC lot
    View details
    Deerpath Dr
    VACANT COMMERCIAL LAND

    Deerpath Dr, Sheffield Lake, OH 44054

    Value Estimation by Request
    10.33 AC lot
    View details
    4270 Lk Rd
    MEDICAL BUILDING

    4270 Lk Rd, Sheffield Lake, OH 44054-1100

    Value Estimation by Request
    2,719 sqft 0.21 AC lot
    View details
    Lk Rd
    VACANT COMMERCIAL LAND

    Lk Rd, Sheffield Lake, OH 44054

    Value Estimation by Request
    0.09 AC lot
    View details
    Lk Rd
    VACANT COMMERCIAL LAND

    Lk Rd, Sheffield Lake, OH 44054

    Value Estimation by Request
    0.09 AC lot
    View details
    Lk Rd
    VACANT COMMERCIAL LAND

    Lk Rd, Sheffield Lake, OH 44054

    Value Estimation by Request
    0.09 AC lot
    View details
    Lk Rd
    VACANT COMMERCIAL LAND

    Lk Rd, Sheffield Lake, OH 44054

    Value Estimation by Request
    0.09 AC lot
    View details

    Sheffield Lake, OH Commercial Real Estate Market Trends and Statistics

    Explore 72 commercial real estate for sale in Sheffield Lake, OH, showcased through 7 active listings on our real estate platform. These investment opportunities span a total of 6,971 square feet of properties for sale, with an estimated market value of $3,470,000.

    Sale prices for business properties in Sheffield Lake, OH start at $975,000, averaging $1,735,000, and reaching up to $2,495,000 — 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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    Demographics Overview

    Population 13K
    Population Growth (5Y) +1.0%
    Median Household Income $73,151
    College Educated 33.5%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    44054 $1.1M

    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)

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