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Waterfront Restaurant with Event Space
For Lease
$2,500/Mo NNN

301 Lakeside Avenue, Lorain, OH 44052

CommercialLease, Lorain, OH

Space SizeContact for details
Lot Size6.75 Acres
Days on Market48

Property Features for 301 Lakeside Avenue

General Information

Property type Commercial Lease
Property subtype Retail
Zoning description Commercial
Elementary school district Lorain CSD - 4709
Middle school district Lorain CSD - 4709
High school district Lorain CSD - 4709
Directions Cleveland to Lakeside
Standard status Active
APN 02-01-001-640-005
Lot size 6.75 Acres

Utilities

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

Building Details

Year built 1900
Listing Agency: RE/MAX Above & Beyond · RE/MAX International
Listed By: Justin Costanzo · License #2022000607
Added: Jul 13 Changed: Aug 20 Last Checked: Aug 29 at 7:06PM
MLS# 5219066

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.

Restaurant space within a marina setting along Lake Erie, configured for service to more than 100 guests. The premises include a full-service bar, private rooms for hosted events, and an enclosed patio that supports additional seasonal dining. Central air conditioning and forced-air natural gas heat serve the property, with public water and public sewer in place.

The site is at 301 Lakeside Avenue in Lorain, within a boating-oriented waterfront environment with marina views and on-site parking. The offering is structured as a triple net lease and includes the physical layout needed for restaurant operations, event service, and outdoor-adjacent dining.

Key Highlights

  • Restaurant seating for 100+ guests
  • Full‑service bar and private event rooms
  • Enclosed patio for seasonal dining

Property Analytics

Current Use

Noah’s Ark Lake ... Tour Operator Hawg Jaws Sport ... Tour Operator Oasis Marinas at Port ... Marina True North Charters Tour Operator Freedom Boat Club ... Marina

Suggested Use

Top Pick Real Estate Agency Building Supply Dental Office Big Box & Wholesale Store Pharmacy Auto Parts 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

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

371
Businesses Nearby
6k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 100%
SUBWAY Dining
3,503 visits/mo 0.2 miles
Mr Hero Dining
1,589 visits/mo 0.3 miles
Domino's Pizza Dining
977 visits/mo 0.5 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

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
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 - Restaurant premises at a Lake Erie marina with dining, bar, private event, and enclosed patio areas.
Where is this conventional restaurant located?
The property is located at 301 Lakeside Avenue Lorain, OH.
What is the lease rate?
The lease rate is $2,500/Mo.
What are key features of this property?
This property features: Restaurant seating for 100+ guests; Full‑service bar and private event rooms; Enclosed patio for seasonal dining
More about this property
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