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    Lakewood, OH
    Conventional Restaurant

    Lakewood, OH Conventional Restaurants for Sale

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    Cleveland, OH Rocky River, OH East Cleveland, OH Fairview Park, OH Westlake, OH Bay Village, OH Brooklyn, OH Brook Park, OH
    Turn-Key Restaurant with Bar
    Updated: Apr 2
    Turn-Key Restaurant with Bar

    1572 W 117th St, Lakewood, OH 44107

    $650,000
    5,198 sqft
    Multi‑level restaurant building with 5,000+ SF total: 2,897 SF main dining/bar level plus 2,599 SF lower‑level event space.
    Includes 115+ seat dining area and a full bar, supporting high‑volume restaurant operations.
    Turn‑key restaurant infrastructure already in place, including fully built‑out kitchen and bar/dining areas.
    New roof scheduled for 2026; mechanicals are well maintained.
    On‑site parking: 24 spaces available.
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    Established Conventional Restaurant Property
    Updated: Mar 9
    Established Conventional Restaurant Property

    12906 Madison Ave, Lakewood, OH 44107

    Contact for pricing
    15‑year operating history
    Located at 12906 Madison Ave, Lakewood, OH 44107
    Conventional restaurant property
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    See what stands out in Cuyahoga 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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    Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Lakewood, 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.

    Drive-Through Restaurant with Equipment
    Drive-Through Restaurant with Equipment

    15753 Puritas Avenue, Cleveland, OH 44135

    $198,000
    0.24 AC lot

    Seasonal ice cream operation with outdoor seating, commercial kitchen equipment, and a 12-space parking lot.

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    Restaurant Building with Full Basement
    Restaurant Building with Full Basement

    7216 Clark Avenue, Cleveland, OH 44102

    $199,900
    0.08 AC lot

    Restaurant property with a kitchen, full basement, and brick-oven addition.

    View details
    Freestanding Restaurant NNN Lease
    Freestanding Restaurant NNN Lease

    21330 Center Ridge Rd, Rocky River, OH 44116

    Contact for pricing

    Absolute NNN lease with approximately 12.5 years remaining for a corporately operated Raising Cane’s location.

    View details
    Bucci’s Restaurant Business
    Bucci’s Restaurant Business

    19373 Hilliard Blvd, Rocky River, OH 44116

    Contact for pricing

    Established restaurant business with equipment, furnishings, and an assumable lease.

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    Lakewood, OH Conventional Restaurants Market Trends and Statistics

    Explore 2 conventional restaurants for sale in Lakewood, OH on our real estate platform. These investment opportunities span a total of 5,198 square feet of properties for sale, with an estimated market value of $650,000.

    Sale prices for conventional restaurants in Lakewood, OH average $650,000 — 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 2
    Coffee shops 1
    Drive through restaurants 1

    Demographics Overview

    Population 50K
    Population Growth (5Y) -0.6%
    Median Household Income $65,778
    College Educated 73.2%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    44107 $650K

    Taxes & Financing

    Tax Rate (average for all types) 10.67%
    Property Tax per SF $71.84 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Cuyahoga County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Cuyahoga County

    Residential Income

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