Restaurant

Lorain, OH Restaurants for Lease

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Elyria, OH Avon, OH Sheffield Lake, OH Sheffield, OH Amherst, OH Vermilion, OH Avon Lake, OH Westlake, OH
Waterfront Restaurant with Event Space
Updated: Jul 13
Waterfront Restaurant with Event Space

301 Lakeside Avenue, Lorain, OH 44052

$2,500/Mo
6.75 AC lot
Restaurant seating for 100+ guests
Full‑service bar and private event rooms
Enclosed patio for seasonal dining
Waterfront marina setting on Lake Erie
Ample parking at 301 Lakeside Avenue
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1 active listing matches your search: Restaurant for lease in Lorain, OH. Based on your search, we've also compiled 7 Potential Opportunities for your consideration: 4 spaces in nearby cities and 3 properties for sale.

Restaurants for Lease in Nearby Cities

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

Neighborhood Shopping Center
Neighborhood Shopping Center

371-447 W Bagley Rd, Berea, OH 44017

Contact for pricing
Multi-tenant  3,123 sqft
27,480 VPD  Marc's, Pet Supplies Plus co-tenants

Inline retail suites and a restaurant end cap with patio are available in an anchored neighborhood center.

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Restaurant-Ready Retail Space
Restaurant-Ready Retail Space

1599 W River Rd N, Elyria, OH 44035

Contact for pricing
9,900 sqft
Highway access

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

Furnished
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Former Country Kitchen Restaurant
Former Country Kitchen Restaurant

517 Griswold Rd, Elyria, OH 44035

Triple net (NNN)
Contact for pricing
3,800 sqft
Highway access

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

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Restaurant End Cap with Patio
Restaurant End Cap with Patio

371-447 W Bagley Rd, Berea, OH 44017

Contact for pricing
Multi-tenant  4,205 sqft
27,480 VPD

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 Lorain, OH

Consider Similar Space for Sale. We found 3 Spaces matching your search parameters.

12-Lane Bowling Alley
12-Lane Bowling Alley

2915 Broadway, Lorain, OH 44055

$677,777
17,567 sqft  3.88 acres  1 building  Built 1956  brick

Entertainment property combining bowling, dining, banquet, kitchen, and bar facilities.

Utilities to site  Meeting room  Banquet room  Bowling alley  Central air  Gas heat
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Restaurant Business with Real Estate
Restaurant Business with Real Estate

2812 W Erie Avenue, Lorain, OH 44053

$350,000
Business included  Built 1955

Restaurant business and underlying real estate with a parking lot, central air, and public utilities.

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Pub Building With Rear Patio
Pub Building With Rear Patio

939 Broadway, Lorain, OH 44052

$169,900
Built 1948

Existing bar, kitchen, restrooms, and outdoor space support restaurant, pub, or event venue concepts.

Patio
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Lorain, OH Restaurants Lease Rates & Market Statistics

Explore 1 Restaurants listing for lease in Lorain, OH on Realmo, a commercial real estate exchange covering the Lorain area.

Restaurants lease rates in Lorain range from $2,500/Mo at the entry level to $2,500/Mo at the top of the market, averaging $2,500/Mo. Pricing across the market is relatively uniform, which simplifies like-for-like comparison between listings.

Lorain accounts for 11% of the 9 restaurants currently available across Lorain County, where nearby markets include Elyria and Avon.

How to lease a restaurant space in Lorain, OH

  1. 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.
  2. 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.
  3. Scout high-traffic locations. Use Location Intelligence to find neighborhoods in Lorain, OH where food service is underserved and foot traffic supports your concept.
  4. 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.
  5. 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.
  6. 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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