Conventional Restaurant

Ashtabula, OH Conventional Restaurants for Sale

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Geneva, OH Edgewood, OH Austinburg, OH North Kingsville, OH Conneaut, OH Jefferson, OH Geneva On The Lake, OH Madison, OH
Remodeled Restaurant with Liquor License
Updated: Mar 11
Remodeled Restaurant with Liquor License

5205 Lake Road W, Ashtabula, OH 44004

$995,000
6.70 AC lot
Recently remodeled restaurant in 2021 with updates including LED lights, ceiling tiles, new carpet, new windows on patio room, and new speakers
Updated electrical system plus CAT 5 wiring installed
New parking lot added
Includes restaurant chattel: new kitchen equipment (2024), bar equipment (coolers/draft system/ice machines), walk‑in cooler and walk‑in freezer
Roof is rubber; home built in 1947 with forced‑air heating (natural gas) and central air conditioning
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Freestanding Restaurant with NNN Lease
Updated: Apr 11
Freestanding Restaurant with NNN Lease

1601 W Prospect Road, Ashtabula, OH 44004

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4,462 sqft 1.58 AC lot
4,462‑SF freestanding Perkins Restaurant & Bakery on 1.58 acres along Route 20 in Ashtabula, OH
New 20‑year absolute net lease through February 2038 with zero landlord responsibility for maintenance, repairs, or replacement
Annual rent increases: lesser of 2% or 1.25x the annual change in CPI; includes four 5‑year option periods with the same structure
Major renovation budget of $370,100 for this property, including new HVAC and updates to the bakery, dining room, and exterior
Route 20 averages over 13,900 cars per day; property is on Ashtabula’s primary commercial corridor
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Historic Restaurant Building
Historic Restaurant Building

4641 Main Avenue, Ashtabula, OH 44004

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12,428 sqft

Two-story storefront retail building with a fully built-out basement kitchen, storage, and mechanicals, plus retained restaurant assets.

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Remodeled Restaurant with Liquor License
Remodeled Restaurant with Liquor License

5205 Lake Rd W, Ashtabula, OH 44004

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6,894 sqft

Turnkey restaurant with updates, equipment, and liquor licenses.

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Strip Plaza with Medical and Offices
Strip Plaza with Medical and Offices

2145 W Prospect Rd, Ashtabula, OH 44004

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Well-maintained strip plaza offers multiple income-producing spaces, including a current medical office and office area, on over an acre.

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Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 5 Active listings in Ashtabula, 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.

Pizza Shop with Three Rental Units
Pizza Shop with Three Rental Units

1837 STATE HIGHWAY 285, Espyville, PA 16424

$259,900
3,934 sqft 0.26 AC lot

Pizza shop with three rental units, plus three garage spaces, on 0.26 acres with well water and public sewer.

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Restaurant Building with Three Rental Units
Restaurant Building with Three Rental Units

1837 STATE HIGHWAY 285, Espyville, PA 16424

$259,900
3,934 sqft 0.26 AC lot

Seasonal pizza shop with three rental units and three garage spaces, served by well water and public sewer.

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Historic Bar and Restaurant Building
Historic Bar and Restaurant Building

106 S MAIN Street, Springboro, PA 16435

$44,500
2,640 sqft 0.05 AC lot

Updated former inn building with central air and natural gas forced-air heat, served by public water.

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Former Springboro Inn Hotel
Former Springboro Inn Hotel

106 S MAIN Street, Springboro, PA 16435

$44,500
2,640 sqft 0.05 AC lot

Former inn property with brick construction and central air, requiring full restoration and featuring public water service.

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Ashtabula, OH Conventional Restaurants Market Trends and Statistics

Explore 5 conventional restaurants for sale in Ashtabula, OH, showcased through 5 active listings on our real estate platform. These investment opportunities span a total of 23,784 square feet of properties for sale, with an estimated market value of $995,000.

Sale prices for conventional restaurants in Ashtabula, OH average $995,000 — 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 5
Bars & Pubs 1
Drive through restaurants 1

Demographics Overview

Population 31K
Population Growth (5Y) -1.3%
Median Household Income $49,507
College Educated 10.9%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
44004 $995K

Taxes & Financing

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Ashtabula County

New Delisted

Total CRE Inventory on Market (SF)

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