Elyria, OH Restaurants for Rent & Lease

Former Restaurant Property

5223 Detroit Rd, Sheffield Village, OH 44054

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5,893 sqft

The former restaurant occupies an outparcel to the Giant Eagle Center in Sheffield Village.

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Restaurant-Ready Retail Space

1599 W River Rd N, Elyria, OH 44035

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9,900 sqft

Restaurant space with included equipment such as buffet stations, a wok station, and a walk-in cooler.

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Former Country Kitchen Restaurant

517 Griswold Rd, Elyria, OH 44035

Triple net (NNN)

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3,800 sqft

The building requires major renovation and sits near Midway Mall’s retail area.

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Restaurant Facility With Event Space

2000 Midway Mall, Elyria, OH 44035

Triple net (NNN)

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5,115 sqft

The layout supports dining, live entertainment, private functions, and nightlife operations.

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Based on your search, we've compiled 14 Potential Opportunities for your consideration. Besides 4 Active listings in Elyria, OH, we suggest exploring alternatives. Consider Similar 4 Spaces in Nearby Cities, and Similar 6 Properties for Sales.

Restaurants for Lease in Nearby Cities

Here are 4 Similar Spaces we found in Nearby Locations for your consideration.

Restaurant Space with Bar Area

1572 W 117th St, Lakewood, OH 44107

Triple net (NNN)

$11.54 SF/Yr

5,198 sqft

Full restaurant buildout includes a high-capacity dining room, bar area, and lower-level space suited for private events.

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Freestanding Restaurant with Drive-Through

1560 W 117 St, Lakewood, OH 44107

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2,701 sqft

Vacant freestanding restaurant building with existing drive-thru infrastructure at a signalized corner near I-90.

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Restaurant End Cap with Patio

371-447 W Bagley Rd, Berea, OH 44017

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4,694 sqft

Multiple inline retail spaces available, including a fully-equipped restaurant end cap with patio off Bagley Road.

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Restaurant End Cap with Patio

371-447 W Bagley Rd, Berea, OH 44017

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4,205 sqft

Fully-equipped restaurant end cap with patio is available in a neighborhood center with multiple inline leasing options.

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Similar Spaces for Sale in Elyria, OH

Consider Similar Space for Sale. We found 6 Spaces matching your search parameters.

Restaurant Property Near I-90

5223 Detroit Rd, Sheffield Village, OH 44054

Contact for pricing

5,893 sqft 2.44 AC lot

The former restaurant occupies an outparcel to Giant Eagle Center.

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Restaurant Bar with Patio

41573 N Ridge Road, Elyria, OH 44035

$475,000

3,288 sqft

Turnkey restaurant bar sale includes equipment, with two POS systems supporting indoor service and a connected patio setup.

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Standalone Neighborhood Bar

8741 W Ridge, Elyria, OH 44035

$435,000

2,652 sqft

Kitchen equipment, accessible entrances and a finished basement accommodate food service and private gatherings.

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Standalone Bar and Lounge

8741 W Ridge, Elyria, OH 44035

$435,000

1.03 AC lot

Freestanding hospitality property with upgraded kitchen equipment, accessible entrances, and a finished lower level for private events.

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Former Restaurant Building with Newer Roof

517 Griswold Road, Elyria, OH 44035

$44,500,011

3,800 sqft

Former Country Kitchen building with ample parking and a newer roof; major renovation is required for most uses.

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Standalone Bar and Restaurant

8741 W Ridge Rd, Elyria, OH 44035

$435,000

Standalone bar and lounge/restaurant with recently replaced roof, updated kitchen equipment, and 80-space parking lot.

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Elyria, OH Restaurants Lease Rates & Market Statistics

Explore 4 Restaurants for lease in Elyria, OH on Realmo, a commercial real estate exchange covering the Elyria area. The current inventory totals 24,708 square feet of properties.

Elyria accounts for 50% of the 8 restaurants currently available across Lorain County, where nearby markets include Avon and Avon Lake.

How to lease a restaurant space in Elyria, OH

Nail down your concept and business plan. Define your restaurant type, target diners, and seating capacity. Landlords evaluate you as much as you evaluate them.

Budget from projected sales. Keep rent and utilities at 5–10% of expected revenue. Reserve funds for build-out, which can run $200+ per sq. ft. for restaurants.

Scout high-traffic locations. Use Location Intelligence to find neighborhoods in Elyria, OH where food service is underserved and foot traffic supports your concept.

Prioritize kitchen-ready infrastructure. A second-generation space with hood, ventilation, grease trap, and adequate power saves months and huge build-out costs. Also check parking and liquor license availability.

Verify the full occupancy cost. Restaurant leases are typically NNN or percentage-based, so run base rent, CAM, taxes, and insurance through the Lease Calculator before signing an LOI.

Negotiate a long-term lease with protections. Push for a 5–10 year term with renewal options, free rent during build-out, and a TI allowance, then have an attorney review the lease and any personal guarantee.

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