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Restaurant and Bar Building with Patio
For Sale
$169,900

939 Broadway, Lorain, OH 44052

Commercial bar and restaurant space with a horseshoe bar, two restrooms, and a spacious rear patio.

Property SizeContact for details
Days on Market80

Property Features for 939 Broadway

General Information

Standard status Active

Taxes and HOA fees

Annual Taxes $2,770

Amenities

foyer entrance
horseshoe bar
restrooms
patio area
Listing Agency: Russell Real Estate Services
Listed By: Andrea Neal · License #2004002356
Source: Exprealty
Added: Jun 18 Changed: Aug 31 Last Checked: Sep 5 at 11:31AM

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 commercial building offers restaurant and bar functionality with a welcoming foyer entrance and a freshly painted interior. A horseshoe bar serves as the centerpiece of the space, and the kitchen is ready for improvements and customization. The layout also includes two restrooms and a spacious rear patio area.

The property is located in historic downtown Lorain, within walking distance of the Black River and Lake Erie, as well as churches, schools, restaurants, shopping, and other local attractions.

Ideal for an operator looking to shape the dining and service layout to their concept, the space combines front-of-house gathering around the bar with an outdoor patio area for guest use.

Key Highlights

  • Commercial bar/restaurant space with a horseshoe bar centerpiece
  • Welcoming foyer entrance and freshly painted interior
  • Kitchen area ready for improvements and customization

Property Analytics

Current Use

Broadway Mary's - Lorain, ... Restaurant

Suggested Use

Top Pick Real Estate Agency Dental Office Spa & Massage Center Pharmacy Skin Care Clinic Hair Salon

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

Location Intelligence

Trade Area within ½ mile

579
Businesses Nearby
15k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 49% Groceries 34% Electronics 11% Dining 6%
Save-A-Lot Groceries
5,136 visits/mo 0.5 miles
Dollar General Shops & Services
3,725 visits/mo 0.5 miles
Fifth Third Bank & ATM Shops & Services
3,290 visits/mo 0.3 miles
Metro by T-Mobile Electronics
1,109 visits/mo 0.4 miles
Domino's Pizza Dining
977 visits/mo 0.4 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
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Frequently Asked Questions

What type of property is this?
Bar & Pub - Commercial bar and restaurant space with a horseshoe bar, two restrooms, and a spacious rear patio.
Where is this bar & pub located?
The property is located at 939 Broadway Lorain, OH.
What is the asking price?
The asking price for this property is $169,900.
What are key features of this property?
This property features: Commercial bar/restaurant space with a horseshoe bar centerpiece; Welcoming foyer entrance and freshly painted interior; Kitchen area ready for improvements and customization
More about this property
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