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    Elyria, OH
    Conventional Restaurant

    Elyria, OH Conventional Restaurants for Sale

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    Found 8 conventional restaurants for sale in Elyria, OH, averaging $427/sq ft. Use valuation data to compare deals faster.
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    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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    Freestanding Restaurant Building For Sale
    Updated: Apr 3
    Freestanding Restaurant Building For Sale

    5274 Abbe Rd N, Sheffield Village, OH 44035

    $2,100,000
    4,914 sqft 1.44 AC lot
    Triple‑net lease with zero landlord responsibilities.
    Located on N. Abbe Road (24,400 VPD) and near State Highway 254 (31,900 VPD).
    Outparcel to a Sam’s Club and At Home anchored center.
    Located near Lorain County Community College with 11,500 students.
    Strong demographics:** 5‑mile trade area with a population of over 131,000 and average household income exceeding $81,000.
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    Free-Standing Restaurant Building
    Free-Standing Restaurant Building

    1519 West River Rd North, Elyria, OH 44035

    Contact for pricing
    10,583 sqft 3.67 AC lot

    Vacant second-generation restaurant on a hard-corner intersection with substantial parking and two curb cuts for flexible use.

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    See what stands out in Lorain County

    We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

    We check every listing here. A few are worth a second look.

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    Restaurant Building with Equipment
    Restaurant Building with Equipment

    42753 N Ridge Rd, Elyria, OH 44035

    Contact for pricing
    3,500 sqft 1.00 AC lot

    Restaurant building on an approximately one-acre lot with included equipment and updates including newer hot water heater.

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    Pizza Hut NNN Property
    Pizza Hut NNN Property

    1001 E Broad St, Elyria, OH 44035

    Contact for pricing
    2,987 sqft 0.90 AC lot

    Freestanding restaurant property subject to an absolute triple-net lease with scheduled annual escalations.

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    Equipped Restaurant Venue with Stage
    Equipped Restaurant Venue with Stage

    2000 Midway Mall, Elyria, OH 44035

    $515,000

    Large dining area and commercial kitchen support restaurant service and private events.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    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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    Former Restaurant Building with Newer Roof
    Former Restaurant Building with Newer Roof

    517 Griswold Road, Elyria, OH 44035

    $44,500,011
    3,800 sqft

    Former Country Kitchen building with ample parking and a newer roof; major renovation is required for most uses.

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    Based on your search, we've compiled 12 Potential Opportunities for your consideration. Besides 8 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
    Multi-Use Entertainment and Dining Building
    Multi-Use Entertainment and Dining Building

    2915 Broadway, Lorain, OH 44055

    $775,000
    17,567 sqft

    Solid brick building with a bowling alley, dining/bar areas, banquet space, and central air for multiple revenue uses.

    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

    Elyria, OH Conventional Restaurants Market Trends and Statistics

    Explore 8 conventional restaurants for sale in Elyria, OH, showcased through 8 active listings on our real estate platform. These investment opportunities span a total of 25,784 square feet of properties for sale, with an estimated market value of $47,550,012.

    Sale prices for conventional restaurants in Elyria, OH start at $435,000, averaging $11,887,503, and reaching up to $44,500,012 — 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 11
    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 $22.5M

    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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