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    Lorain, OH
    Conventional Restaurant

    Lorain, OH Conventional Restaurants for Sale

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    Found 6 conventional restaurants for sale in Lorain, OH, averaging $51/sq ft. Use valuation data to compare deals faster.
    12-Lane Bowling Alley
    Updated: Jun 1
    12-Lane Bowling Alley

    2915 Broadway, Lorain, OH 44055

    $677,777
    3.88 AC lot
    12‑lane bowling alley with social bar and small kitchen
    17,567‑square‑foot solid brick building on 3.88 acres
    Dining area with full kitchen, meeting room, and social bar
    Lower‑level banquet room with kitchen and catering area
    Three state liquor licenses included
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    Restaurant Business with Real Estate
    Updated: Jun 12
    Restaurant Business with Real Estate

    2812 W Erie Avenue, Lorain, OH 44053

    $350,000
    0.94 AC lot
    Restaurant business and underlying real estate included
    0.94‑acre site at 2812 W Erie Avenue, Lorain, OH 44053
    Operating from the current location since 1981
    1955 construction
    Parking lot with central air and forced‑air heating
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    Pub Building With Rear Patio
    Pub Building With Rear Patio

    939 Broadway, Lorain, OH 44052

    $169,900
    0.15 AC lot

    Existing bar, kitchen, restrooms, and outdoor space support restaurant, pub, or event venue concepts.

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    See hot listings in Lorain

    Scored against comparables nationwide. These are worth a look.

    Scored against comparables nationwide. These are worth a look.

    Cap Rate available after sign in
    Est. NOI available after sign in
    Local Demand available after sign in
    Multi-Use Entertainment and Dining Building
    Multi-Use Entertainment and Dining Building

    2915 Broadway, Lorain, OH 44055

    $677,777
    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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    Bar and Restaurant with Rental Home
    Bar and Restaurant with Rental Home

    900 Broadway, Lorain, OH 44052

    $399,900
    0.14 AC lot

    Operating hospitality business with flexible dining, nightlife, private-event, and special-event capabilities.

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    Restaurant and Real Estate Opportunity
    Restaurant and Real Estate Opportunity

    2812 W Erie Ave, Lorain, OH 44053

    $350,000
    5,456 sqft

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

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 6 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.

    Restaurant Property with Expansion Parcels
    Restaurant Property with Expansion Parcels

    5348 E Lake Rd, Sheffield Lake, OH 44054

    $650,000
    8,508 sqft 1.88 AC lot

    Existing bar and grill operation is included with the real estate and five-parcel assemblage.

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    Restaurant with Banquet Hall
    Restaurant with Banquet Hall

    5348 E Lake Road, Sheffield Lake, OH 44054

    $650,000
    1.33 AC lot

    Multiple dining and event areas include a banquet hall leased month-to-month to a private billiards club.

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    Standalone Bar and Lounge
    Standalone Bar and Lounge

    8741 W Ridge, Elyria, OH 44035

    $435,000
    1.03 AC lot

    Freestanding hospitality property with upgraded kitchen equipment, accessible entrances, and a finished lower level for private events.

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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.

    View details

    Lorain, OH Conventional Restaurants Market Trends and Statistics

    Explore 6 conventional restaurants for sale in Lorain, OH, showcased through 6 active listings on our real estate platform. These investment opportunities span a total of 23,023 square feet of properties for sale, with an estimated market value of $2,625,354.

    Sale prices for conventional restaurants in Lorain, OH start at $169,900, averaging $437,559, and reaching up to $677,777 — 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 7
    Bars & Pubs 4

    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 $246.6K
    44053 $375K
    44055 $563.3K

    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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    Most Searched ZIP Codes in Lorain, OH

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    • 44053
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