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    42753 N Ridge Rd Elyria, OH 44035

    For Sale
    $399,000

    COMMERCIAL - Elyria, OH

    Lot size:
    1.00 Acre
    Days on Market:
    72
    Last Refresh:
    Dec 13 at 8:06 pm

    Property Features for 42753 N Ridge Rd

    General Information

    Special listing conditions
    Standard
    Property type
    Commercial Sale
    Property subtype
    Other
    TransactionType
    Standard
    Standard status
    Active
    APN
    06-21-003-102-006
    Parking features
    Parking Lot
    Lot size
    1.00 Acre

    Utilities

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

    Building Details

    Year built
    1970

    Russell Real Estate Services (440) 268-9491 [email protected]

    Listing agent Ralph Mercado (440) 340-1804 License #2020002221

    Listing date Oct 3, 2025

    Copyright © 2025 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.

    Overview

    Turn-Key Restaurant & Bar Opportunity

    This is a turn-key restaurant and bar opportunity located at 42753 North Ridge Rd, Elyria, OH 44035. The property offers 3,266 sq. ft. of commercial space and includes all restaurant equipment, a walk-in cooler, a walk-in freezer, and multiple refrigerators. A liquor license is included. Situated on a one-acre lot, the property provides ample parking and room for future expansion, outdoor seating, or other business ideas. The property is in a prime high-traffic location. The possibilities are endless!
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Bars

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Elyria
    County
    Lorain
    State
    Ohio
    Longitude
    -82.15052834
    Latitude
    41.41787829

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    FAQs

    What type of property is this?
    Restaurant - Fully operational restaurant and bar with equipment and liquor license.
    Where is this restaurant located?
    The property is located at 42753 N Ridge Rd Elyria, OH.
    What is the asking price?
    The asking price for this property is $399,000.
    What are key features of this property?
    This property features: - Fully operational, turn-key restaurant and bar business opportunity.; - Includes all restaurant equipment, walk-in cooler/freezer, and liquor license.; - Located in a prime, high-traffic location.
    (440) 340-1804
    Request Owner's contact information
    42753 N Ridge Rd Elyria, OH 44035
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    Elyria, OH 44035
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    42753 N Ridge Rd Elyria, OH 44035
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