Restaurant and Real Estate
For Sale
Contact for pricing
2812 West Erie Ave, Lorain, OH 44052
Acquire an operating restaurant plus the underlying property at 2812 West Erie Ave, Lorain.
Property Size4,000 SF
Price / SF$93.75
Days on Market57
Property Features for 2812 West Erie Ave
General Information
Standard status
Active
Size
4,000 SF
Property subtype
Retail
Investment Type
Owner/User
Building Details
Year Built
1964
Tenancy
Single
Listing Agency:
The Swanzer Agency
Listed By:
Captain Ron Allor · License #OH 2003018695
Source:
Crexi
Added: Jun 17
Changed: Aug 8
Last Checked: Aug 11 at 4:08PM
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 The Swanzer Agency
Investment Insights
Based on property information with market context.
This offering includes both an operating restaurant and the underlying real estate. Chris’ Restaurant has served Lorain County families for more than 60 years, with the business originally established in 1964 and operating from its West Erie Avenue location since 1981. The property is approximately 4,000 square feet, providing a dedicated restaurant setting for an owner-operator or a buyer looking to continue established operations.
The restaurant is located at 2812 West Erie Ave in Lorain, Ohio. As described in the public remarks, the site benefits from longstanding community recognition associated with the business’s multi-decade presence at this address.
For buyers and investors, this is a turn-key concept in the sense that the opportunity is to purchase both the operating restaurant and the real estate together, rather than leasing a location. That combination can be especially appealing to an owner-operator seeking continuity with an established food-and-dining operation, or to a buyer who prefers to control the property while maintaining restaurant use. The current offering price is $375,000.
The restaurant is located at 2812 West Erie Ave in Lorain, Ohio. As described in the public remarks, the site benefits from longstanding community recognition associated with the business’s multi-decade presence at this address.
For buyers and investors, this is a turn-key concept in the sense that the opportunity is to purchase both the operating restaurant and the real estate together, rather than leasing a location. That combination can be especially appealing to an owner-operator seeking continuity with an established food-and-dining operation, or to a buyer who prefers to control the property while maintaining restaurant use. The current offering price is $375,000.
Key Highlights
- Operating restaurant for acquisition plus the underlying property
- Chris' Restaurant established in 1964
- Operating from 2812 West Erie Ave, Lorain since 1981
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
102
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
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
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Conventional restaurant - Acquire an operating restaurant plus the underlying property at 2812 West Erie Ave, Lorain.
Where is this conventional restaurant located?
The property is located at 2812 West Erie Ave Lorain, OH.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: Operating restaurant for acquisition plus the underlying property; Chris' Restaurant established in 1964; Operating from 2812 West Erie Ave, Lorain since 1981
