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    Lorain, OH
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    Lorain, OH Conventional Restaurants for Sale

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    Elyria, OH Sheffield Lake, OH Avon, OH
    Downtown Lorain Mixed-Use Opportunity
    $325,000
    11,062 SF

    Downtown Lorain Mixed-Use Opportunity

    422 Broadway Avenue, Lorain, OH 44052

    Revitalized downtown location suitable for culinary, retail, office, or mixed-use.

    • Prime downtown location on the 400 Block of Broadway with high foot traffic.
    • Flexible layout options on the first level suitable for multiple business concepts or tenants.
    • Second level offers additional income potential for office space, apartments, or creative studios.
    • Ample on‑street and off‑street parking available.
    • Close proximity to Lake Erie, hotel, and Black River Landing.
    Updated: Mar 27
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    Turnkey Banquet Hall and Barbershop
    $655,000
    12,615 SF

    Turnkey Banquet Hall and Barbershop

    4489 Oberlin Ave, Lorain, OH 44053

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

    • Turnkey banquet hall and catering business in a high‑traffic location offers immediate income potential.
    • Dual event venues (Rose Bud & Rosewood Place) cater to both small and large gatherings.
    • Income‑generating barbershop provides a consistent lease income stream.
    • Fully equipped, modern kitchen supports both event spaces and catering operations.
    • High visibility and constant exposure in a bustling area drive business.
    Updated: Feb 6
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    Corner Lot Restaurant with Apartment
    $160,000
    2,928 SF

    Corner Lot Restaurant with Apartment

    Retail restaurant with apartment and full basement on corner lot.

    1700 E 31st St, Lorain, OH 44055
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    Based on your search, we've compiled 7 Potential Opportunities for your consideration. Besides 3 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.

    Turn-Key Sports Bar and Restaurant
    $650,000
    4,400 SF

    Turn-Key Sports Bar and Restaurant

    Fully renovated sports bar and restaurant ready for immediate operation.

    3463 Fulton Rd, Cleveland, OH 44109
    View details
    Turnkey Restaurant and Bar Opportunity
    $680,000
    5,173 SF

    Turnkey Restaurant and Bar Opportunity

    Operating restaurant and bar with existing revenue and liquor license.

    2218 Broadview Rd, Cleveland, OH 44109
    View details
    Two-Building Asset For Sale
    $695,000
    6,350 SF

    Two-Building Asset For Sale

    Two-building asset with restaurant and automotive tenants in Warrensville Heights.

    22019 Emery Rd, Warrensville Heights, OH
    View details
    Two-Building Asset in Warrensville Heights
    $695,000
    6,350 SF

    Two-Building Asset in Warrensville Heights

    Two-building asset leased to Georgio’s Pizza and Starr Automotive.

    22019 Emery Rd, Warrensville Heights, OH 44128
    View details

    Lorain, OH Conventional Restaurants Investment Opportunities Market Analysis

    Explore 3 conventional restaurants for sale in Lorain, OH, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 26,605 square feet of properties for sale, with an estimated market value of $1,140,000.

    Sale prices for conventional restaurants in Lorain, OH start at $160,000, averaging $380,000, and reaching up to $655,000 — 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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    Operating Costs & Financing

    Tax Rate (average for all types) 6.83%
    Property Tax per SF $92.34 per sq ft
    Average Loan-to-Value 65.0%

    Leading Commercial Asset Segments

    Conventional restaurants 3
    Bars & Pubs 2
    Coffee shops 1
    Turn key restaurants 1

    Lorain Demographics Overview

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

    High-Yield Neighborhoods for Strategic Investment

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

    Neighborhood Average Price
    44055 $160K
    44052 $325K
    44053 $655K

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    Most Searched ZIP Codes in Lorain, OH

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    • 44053
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