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    Lorain, OH
    Conventional Restaurant

    Lorain, OH Conventional Restaurants for Sale

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    Central Air Restaurant Building
    Updated: Jun 12
    Central Air Restaurant Building

    2812 W Erie Avenue, Lorain, OH 44053

    $375,000
    0.94 AC lot
    0.94‑acre restaurant property at 2812 W Erie Avenue, Lorain, OH 44053
    Central air cooling
    Forced‑air heating with natural gas
    Public water and public sewer
    Parking lot on site
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    Turnkey Bar and Restaurant with Rental Home
    Updated: May 12, 2025
    Turnkey Bar and Restaurant with Rental Home

    900 Broadway, Lorain, OH 44052

    $399,900
    0.14 AC lot
    Turnkey bar and restaurant with D‑7 liquor license transferring, including Sunday sales
    Includes business, real estate, and an additional income‑producing rental home
    Natural gas forced air heating with central air conditioning
    Public water and public sewer
    Lot size: 0.14 acres
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    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.

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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 and Real Estate Opportunity
    Restaurant and Real Estate Opportunity

    2812 West Erie Ave, Lorain, OH 44052

    Contact for pricing
    4,000 sqft

    Acquire an operating restaurant plus the underlying property at 2812 West Erie Ave, Lorain.

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    Restaurant and Bar Building with Patio
    Restaurant and Bar Building with Patio

    939 Broadway, Lorain, OH 44052

    $169,900

    Commercial bar and restaurant space with a horseshoe bar, two restrooms, and a spacious rear patio.

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    Turnkey Banquet Hall and Barbershop
    Turnkey Banquet Hall and Barbershop

    4489 Oberlin Ave, Lorain, OH 44053

    Contact for pricing
    12,615 sqft

    Turnkey commercial property with banquet hall, catering, and barbershop.

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    Corner Lot Restaurant with Apartment
    Corner Lot Restaurant with Apartment

    1700 E 31st St, Lorain, OH 44055

    Contact for pricing
    2,928 sqft

    Retail restaurant with apartment and full basement on corner lot.

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    Free-Standing Restaurant Building
    Free-Standing Restaurant Building

    1603 Kansas Ave, Lorain, OH 44052

    Contact for pricing

    Well-maintained former restaurant with an open floorplan, efficient kitchen, and on-site parking.

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    Based on your search, we've compiled 12 Potential Opportunities for your consideration. Besides 8 Active listings in Lorain, 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.

    Turnkey Restaurant with Walk-Ins
    Turnkey Restaurant with Walk-Ins

    4415 Liberty Avenue, Vermilion, OH 44089

    $479,000
    5,361 sqft

    Turnkey restaurant setup with seating for about 165 guests, two walk-in coolers, and a walk-in freezer.

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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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    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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    Grocery, Deli & Restaurant Market
    Grocery, Deli & Restaurant Market

    1605 N Ridge Rd, Vermilion, OH 44089

    Contact for pricing
    1.00 AC lot

    Like-new, full-service market with an expansive beer and wine department plus a daily-prep deli.

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    Lorain, OH Conventional Restaurants Market Trends and Statistics

    Explore 8 conventional restaurants for sale in Lorain, OH, showcased through 8 active listings on our real estate platform. These investment opportunities span a total of 37,110 square feet of properties for sale, with an estimated market value of $1,719,800.

    Sale prices for conventional restaurants in Lorain, OH start at $169,900, averaging $429,950, and reaching up to $775,000 — 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 10
    Bars & Pubs 4
    Commercial kitchens 1

    Demographics Overview

    Population 82K
    Population Growth (5Y) +2.8%
    Median Household Income $51,688
    College Educated 22.5%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    44052 $169.9K
    44053 $375K
    44055 $775K

    Taxes & Financing

    Tax Rate (average for all types) 6.83%
    Property Tax per SF $92.34 per SF
    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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