Ashtabula, OH Restaurants for Sale

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Geneva, OH Edgewood, OH Austinburg, OH North Kingsville, OH Jefferson, OH Geneva On The Lake, OH Conneaut, OH Madison, OH

Updated: Mar 10, 2025

Remodeled Restaurant with Liquor License

5205 Lake Rd W, Ashtabula, OH 44004

$995,000

6,894 sqft

Turn‑key restaurant opportunity with existing D5 and D6 liquor license.
Recently remodeled in 2021 with significant updates including new LED lighting, flooring, and windows.
Includes valuable chattel: new kitchen equipment (2024), pasta & gelato makers, bar equipment, and dining room furniture.
High‑traffic location in a densely populated area with convenient access to Rt 45.
Features a fully operational "Tiki Bar" that could be a separate business.

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This listing looks promising.

Here's a quick look at some key insights for

5205 Lake Rd W, Ashtabula, OH 44004

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Est. Cap Rate

7%
Above avg (5.9%)
Est. NOI

$70K
Annual
Mortgage

$650K
Mar 2024
Last Sold

Mar 2024
$490K
Property Type

Restaurant
Built 1947

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Updated: Mar 11

Remodeled Restaurant with Liquor License

5205 Lake Road W, Ashtabula, OH 44004

$995,000

6.70 AC lot

Recently remodeled restaurant in 2021 with updates including LED lights, ceiling tiles, new carpet, new windows on patio room, and new speakers
Updated electrical system plus CAT 5 wiring installed
New parking lot added
Includes restaurant chattel: new kitchen equipment (2024), bar equipment (coolers/draft system/ice machines), walk‑in cooler and walk‑in freezer
Roof is rubber; home built in 1947 with forced‑air heating (natural gas) and central air conditioning

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Based on your search, we've compiled 66 Potential Opportunities for your consideration. Besides 2 Active listings in Ashtabula, OH, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 56 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

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

Turnkey Cafe, Salon, and Spa

21 S Broadway, Geneva, OH

$1,250,000

8,200 sqft 1.33 AC lot

Ready-to-open cafe, salon, and spa with high-end finishes.

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Former Springboro Inn Restaurant

106 S MAIN Street, Springboro, PA 16435

$44,500

2,640 sqft 0.05 AC lot

Interior updates and a prior tavern-restaurant history make this property a practical match for an operator ready to reopen.

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Historic Restaurant-Inn Building

106 S MAIN Street, Springboro, PA 16435

$44,500

2,640 sqft 0.05 AC lot

Former inn and tavern/restaurant property on S Main Street, available for redevelopment after required restoration.

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Restaurant and Bar Property

47 W Main Street, Geneva, OH 44041

$170,000

For sale restaurant and bar property at 47 W Main Street in Geneva, Ohio.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Land in Roaming Shores, OH

2107 N Park Lane, Roaming Shores, OH 44084

Contact for pricing

0.24 AC lot

Land offering recreational activities, lake access, and resort-style amenities.

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Commercial Land on Mentor Avenue

1936 Mentor Avenue, Painesville, OH 44077

$900,000

3.15 AC lot

3.15 acre commercial land parcel for sale.

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Commercial Development Land with 250 Frontage

1936 Mentor Avenue, Painesville, OH 44077

$900,000

3.15 AC lot

B-1 restricted retail land parcel with approximately 250 feet of frontage and traffic counts over 15,000 cars per day.

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Redevelopment-Ready Commercial Land Parcel

6082 Andrews Road, Mentor On The Lake, OH 44060

$299,000

0.48 AC lot

Cleared commercial site with multiple driveways, parking, and patio areas, positioned on a high-traffic corner.

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Off-Market Properties in Ashtabula, OH

Consider similar Off-Market properties in Ashtabula, OH. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

RESTAURANT

729 Lk Ave, Ashtabula, OH 44004-3263

Value Estimation by Request

3,216 sqft 0.59 AC lot

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RESTAURANT

1601 Prospect Rd, Ashtabula, OH 44004-6671

Value Estimation by Request

4,850 sqft 1.22 AC lot

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RESTAURANT

5205 Lk W Rd, Ashtabula, OH 44004-9728

Value Estimation by Request

7,331 sqft 1.84 AC lot

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RESTAURANT

1730 Prospect Rd, Ashtabula, OH 44004-6622

Value Estimation by Request

4,764 sqft 0.72 AC lot

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RESTAURANT

Prospect Rd, Ashtabula, OH 44004

Value Estimation by Request

0.12 AC lot

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BAR, TAVERN

1308 Brg St, Ashtabula, OH 44004-3214

Value Estimation by Request

2,120 sqft 0.34 AC lot

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RESTAURANT

528 Lk Ave, Ashtabula, OH 44004-3227

Value Estimation by Request

1,976 sqft 0.19 AC lot

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TAKE-OUT RESTAURANT

2238 Prospect Rd, Ashtabula, OH 44004-5356

Value Estimation by Request

820 sqft 0.32 AC lot

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RESTAURANT

1947 Prospect Rd, Ashtabula, OH 44004

$1,785,000

Estimated value

3,199 sqft 2.71 AC lot

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RESTAURANT

1030 Lk Ave, Ashtabula, OH 44004-2928

Value Estimation by Request

1,728 sqft 0.23 AC lot

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RESTAURANT

3319 Rdg E Rd, Ashtabula, OH 44004-4309

$1,410,000

Estimated value

3,570 sqft 1.29 AC lot

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RESTAURANT

4700 Ww Ave, Ashtabula, OH 44004-5525

Value Estimation by Request

4,293 sqft 0.43 AC lot

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BAR, TAVERN

3105 Lk E Rd, Ashtabula, OH 44004-3828

Value Estimation by Request

3,849 sqft 0.17 AC lot

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RESTAURANT

3225 Rdg E Rd, Ashtabula, OH 44004-4307

$9,340,000

Estimated value

3,890 sqft 0.96 AC lot

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RESTAURANT

4241 Rdg E Rd, Ashtabula, OH 44004

$570,000

Estimated value

4,228 sqft 1.17 AC lot

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BAR, TAVERN

3964 Ctr Rd, Ashtabula, OH 44004

Value Estimation by Request

5,324 sqft 2.13 AC lot

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RESTAURANT

443 Lk Ave, Ashtabula, OH 44004-3225

Value Estimation by Request

0.13 AC lot

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RESTAURANT

1040 Prospect Rd, Ashtabula, OH 44004-6764

Value Estimation by Request

2,036 sqft 0.53 AC lot

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DRIVE-THRU RESTAURANT, FAST FOOD

1030 Prospect Rd, Ashtabula, OH 44004-6764

Value Estimation by Request

1,885 sqft 0.12 AC lot

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TAKE-OUT RESTAURANT

5050 Lk W Rd, Ashtabula, OH 44004-2069

Value Estimation by Request

2,452 sqft 0.82 AC lot

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RESTAURANT

4338 Lk W Rd, Ashtabula, OH 44004-2018

Value Estimation by Request

11,056 sqft 7.56 AC lot

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RESTAURANT

3615 Rdg E Rd, Ashtabula, OH 44004-4315

Value Estimation by Request

3,888 sqft 1.28 AC lot

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Ashtabula, OH Restaurants Market Trends and Statistics

Explore 58 restaurants for sale in Ashtabula, OH on our real estate platform. These investment opportunities span a total of 6,894 square feet of properties for sale, with an estimated market value of $995,000.

Sale prices for restaurant properties in Ashtabula, OH start at $995,000, averaging $995,000, and reaching up to $995,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Demographics Overview

Population 31K

Population Growth (5Y) -1.3%

Median Household Income $49,507

College Educated 10.9%

High-Yield Neighborhoods for Investment

Identify Ashtabula submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood	Average Price
44004	$597.5K

Taxes & Financing

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Ashtabula County

New Delisted

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Ashtabula, OH Restaurants for Sale

5205 Lake Rd W, Ashtabula, OH 44004

5205 Lake Road W, Ashtabula, OH 44004

Opportunities in Nearby Cities

21 S Broadway, Geneva, OH

106 S MAIN Street, Springboro, PA 16435

106 S MAIN Street, Springboro, PA 16435

47 W Main Street, Geneva, OH 44041

Potential Development Sites for Consideration

2107 N Park Lane, Roaming Shores, OH 44084

1936 Mentor Avenue, Painesville, OH 44077

1936 Mentor Avenue, Painesville, OH 44077

6082 Andrews Road, Mentor On The Lake, OH 44060

Off-Market Properties in Ashtabula, OH

729 Lk Ave, Ashtabula, OH 44004-3263

1601 Prospect Rd, Ashtabula, OH 44004-6671

5205 Lk W Rd, Ashtabula, OH 44004-9728

1730 Prospect Rd, Ashtabula, OH 44004-6622

Prospect Rd, Ashtabula, OH 44004

1308 Brg St, Ashtabula, OH 44004-3214

528 Lk Ave, Ashtabula, OH 44004-3227

2238 Prospect Rd, Ashtabula, OH 44004-5356

1947 Prospect Rd, Ashtabula, OH 44004

1030 Lk Ave, Ashtabula, OH 44004-2928

3319 Rdg E Rd, Ashtabula, OH 44004-4309

4700 Ww Ave, Ashtabula, OH 44004-5525

3105 Lk E Rd, Ashtabula, OH 44004-3828

3225 Rdg E Rd, Ashtabula, OH 44004-4307

4241 Rdg E Rd, Ashtabula, OH 44004

3964 Ctr Rd, Ashtabula, OH 44004

443 Lk Ave, Ashtabula, OH 44004-3225

1040 Prospect Rd, Ashtabula, OH 44004-6764

1030 Prospect Rd, Ashtabula, OH 44004-6764

5050 Lk W Rd, Ashtabula, OH 44004-2069

4338 Lk W Rd, Ashtabula, OH 44004-2018

3615 Rdg E Rd, Ashtabula, OH 44004-4315

Ashtabula, OH Restaurants Market Trends and Statistics

Top Commercial Asset Segments

Demographics Overview

High-Yield Neighborhoods for Investment

Taxes & Financing

Listings Trend

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