Free-Standing Restaurant
For Sale
Contact for pricing
Pending
1603 Kansas Ave, Lorain, OH 44052
Well-maintained former restaurant with an open floorplan, efficient kitchen, and on-site parking.
Property SizeContact for details
Days on Market143
Property Features for 1603 Kansas Ave
General Information
Standard status
Pending
Property subtype
Retail
Listing Agency:
Russell Real Estate Services
(440) 315-0686
Listed By:
Andrea Neal · License #OH
Source:
Crexi
Added: Apr 11
Changed: Aug 8
Last Checked: Aug 29 at 3:51AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Russell Real Estate Services
Investment Insights
Based on property information with market context.
This well-maintained, free-standing commercial building was formerly used as a restaurant and offers an open floorplan with an efficient kitchen. The sale includes all appliances and also features a walk-in freezer and walk-in cooler. On-site parking is available for guests and employees, and all chattels are included with the property.
The property also includes an extra lot to the east of the main building. The building is zoned for “action,” as stated in the public remarks, supporting restaurant and related commercial uses.
For buyers seeking a turnkey restaurant setup, the current improvements and included equipment provide a straightforward starting point for operating a food service concept from this location.
The property also includes an extra lot to the east of the main building. The building is zoned for “action,” as stated in the public remarks, supporting restaurant and related commercial uses.
For buyers seeking a turnkey restaurant setup, the current improvements and included equipment provide a straightforward starting point for operating a food service concept from this location.
Key Highlights
- Well‑maintained former restaurant with an open floorplan
- Efficient kitchen and included appliances
- Walk‑in freezer and cooler on site
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
224
Businesses Nearby
51k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 81%
Shops & Services 19%
McDonald's
Dining
21,014 visits/mo
0.1 miles
Wendy's
Dining
11,580 visits/mo
0.1 miles
Dollar Tree
Shops & Services
9,603 visits/mo
0.4 miles
Taco Bell
Dining
8,771 visits/mo
0.1 miles
Demographics for 44052, OH
29,249
Population
13,673
Households
2.1
Avg Household Size
37
Median Age
12%
College-Educated
83%
High-School Grad
9.5 sq mi
ZIP Area
3,079
Density / Sq Mi
$42,298
Median Household Income
$31,985
Median Earnings
$840
Median Rent
$104,000
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Well-maintained former restaurant with an open floorplan, efficient kitchen, and on-site parking.
Where is this conventional restaurant located?
The property is located at 1603 Kansas Ave Lorain, OH.
What are key features of this property?
This property features: Well‑maintained former restaurant with an open floorplan; Efficient kitchen and included appliances; Walk‑in freezer and cooler on site
