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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
    6 listings
    Freestanding Restaurant Property
    $375,000
    0.94 Acres
    Freestanding Restaurant Property

    2812 W Erie Avenue, Lorain, OH 44053

    For sale: a long-running restaurant operation with the underlying real estate in Lorain County.
    • Operating restaurant: Chris' Restaurant has served Lorain County for more than 60 years.
    • Location: operating from the current West Erie Avenue location since 1981.
    • Heating: forced air with natural gas.
    • Cooling: central air.
    • Utilities: public water and public sewer.
    Updated: Jun 12
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    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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    Multi-Use Entertainment and Dining Building
    $775,000
    17,567 SF
    Multi-Use Entertainment and Dining Building

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

    2915 Broadway, Lorain, OH 44055

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    Turnkey Banquet Hall and Barbershop
    $655,000
    12,615 SF
    Turnkey Banquet Hall and Barbershop

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

    4489 Oberlin Ave, Lorain, OH 44053

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    Restaurant and Real Estate Opportunity
    $375,000
    4,000 SF
    Restaurant and Real Estate Opportunity

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

    2812 West Erie Ave, Lorain, OH 44052

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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 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.

    Free-Standing Restaurant Building
    $150,000
    10,583 SF
    Free-Standing Restaurant Building

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

    1519 West River Rd North, Elyria, OH 44035

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    Freddy's NNN Lease Investment
    $2,440,000
    3,103 SF
    Freddy's NNN Lease Investment

    NNN leased Freddy's with 18 years remaining on lease.

    12380 Pearl Rd, Strongsville, OH 44136

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    Freestanding Restaurant and Drive-Through
    Contact for pricing
    3,047 SF
    Freestanding Restaurant and Drive-Through

    Newly built freestanding building on a high-traffic retail corridor, suited for quick-service dining, bank, retail, or medical use.

    12380 Pearl Road, Strongsville, OH 44136

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    Former Restaurant Building with Newer Roof
    $44,500,011
    3,800 SF
    Former Restaurant Building with Newer Roof

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

    517 Griswold Road, Elyria, OH 44035

    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 48,172 square feet of properties for sale, with an estimated market value of $2,290,000.

    Sale prices for conventional restaurants in Lorain, OH start at $160,000, averaging $458,000, 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 6
    Bars & Pubs 3
    Coffee shops 1
    Drive through restaurants 1
    Turn key restaurants 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
    44055 $160K
    44052 $325K
    44053 $655K

    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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