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Restaurant Business with Real Estate
For Sale
$350,000

2812 W Erie Avenue, Lorain, OH 44053

CommercialSale, Lorain, OH

Property SizeContact for details
Lot Size0.94 Acres
Days on Market93

Property Features for 2812 W Erie Avenue

General Information

Property type Commercial Sale
Property subtype Other
Zoning description Commercial
Parking features Parking Lot
Elementary school district Lorain CSD - 4709
Middle school district Lorain CSD - 4709
High school district Lorain CSD - 4709
Directions Rte. 58 north to W. Erie go west to Chris' Restaurant
Standard status Active
APN 02-02-022-101-026
Lot size 0.94 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 4060

Utilities

Sewer type Public Sewer
Heating system Natural Gas, Forced Air
Cooling system Central Air
Water source Public

Building Details

Year built 1955
Floors in Building 1
Listing Agency: The Swanzer Agency
Listed By: William M Swanzer · License #239663
Added: Jun 12 Changed: Sep 2 Last Checked: Sep 12 at 10:06AM
MLS# 5219207

Copyright © 2026 MLS Now. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

The offering includes Chris' Restaurant together with the underlying real estate at 2812 W Erie Avenue in Lorain, Ohio. The property is configured for restaurant use and includes a parking lot, central air conditioning, forced-air heating, and natural gas service.

The site encompasses 0.94 acres, with public water and public sewer serving the property. Built in 1955, the restaurant has operated from its current location since 1981, providing an established operating history alongside the real estate.

Key Highlights

  • 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

Property Analytics

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Current Use

Chris' Restaurant Restaurant

Suggested Use

Top Pick Real Estate Agency Law Firm Hair Salon Spa & Massage Center Nail Salon Big Box & Wholesale Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

115
Businesses Nearby
6k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 67% Dining 33%
Family Dollar Shops & Services
3,965 visits/mo 0.5 miles
Marco's Pizza Dining
1,945 visits/mo 0.5 miles

Demographics for 44053, OH

20,735
Population
9,529
Households
2.2
Avg Household Size
44
Median Age
21%
College-Educated
91%
High-School Grad
10.8 sq mi
ZIP Area
1,920
Density / Sq Mi
$65,332
Median Household Income
$43,654
Median Earnings
$827
Median Rent
$189,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Restaurant business and underlying real estate with a parking lot, central air, and public utilities.
Where is this conventional restaurant located?
The property is located at 2812 W Erie Avenue Lorain, OH.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: 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
More about this property
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