Restaurants

Elyria, OH Restaurants for Sale

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Standalone Bar and Lounge
Updated: Feb 1, 2024
Standalone Bar and Lounge

8741 W Ridge, Elyria, OH 44035

$435,000
1.03 AC lot
1.03‑acre bar and restaurant property in Elyria, OH
80‑space parking lot with refreshed landscaping
Recently replaced asphalt and fiberglass roof
Kitchen equipment includes freezers, flat top, broiler, and grill
Finished basement with exterior access for private events
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Freestanding Restaurant Building For Sale
Updated: Apr 3
Freestanding Restaurant Building For Sale

5274 Abbe Rd N, Sheffield Village, OH 44035

$2,100,000
4,914 sqft 1.44 AC lot
Triple‑net lease with zero landlord responsibilities.
Located on N. Abbe Road (24,400 VPD) and near State Highway 254 (31,900 VPD).
Outparcel to a Sam’s Club and At Home anchored center.
Located near Lorain County Community College with 11,500 students.
Strong demographics:** 5‑mile trade area with a population of over 131,000 and average household income exceeding $81,000.
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Restaurant Property Near I-90
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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See hot listings in Elyria

Scored against comparables nationwide. These are worth a look.

Scored against comparables nationwide. These are worth a look.

Cap Rate available after sign in
Est. NOI available after sign in
Local Demand available after sign in
Restaurant Bar with Patio
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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Pizza Hut NNN Property
Pizza Hut NNN Property

5041 Abbe Road North, Elyria, OH 44035

Contact for pricing
2,890 sqft 0.99 AC lot

The restaurant is leased under a Triple Net agreement with scheduled annual rent increases.

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Former Restaurant Building with Newer Roof
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
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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Based on your search, we've compiled 79 Potential Opportunities for your consideration. Besides 7 Active listings in Elyria, OH, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 65 Off-Market properties to explore as potential leads, plus 3 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.

Rebuilt Restaurant Property with Patio
Rebuilt Restaurant Property with Patio

36816 Detroit Rd, Avon, OH 44011

$1,150,000
2,108 sqft

Includes a commercial kitchen, wood-stove pizza oven, and liquor license rights.

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Multi-Use Entertainment and Dining Building
Multi-Use Entertainment and Dining Building

2915 Broadway, Lorain, OH 44055

$677,777
17,567 sqft

Solid brick building with a bowling alley, dining/bar areas, banquet space, and central air for multiple revenue uses.

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Restaurant Building with Patio
Restaurant Building with Patio

36816 Detroit Road, Avon, OH 44011

$1,150,000
0.39 AC lot

Includes a commercial kitchen and wood-stove pizza oven for restaurant operations.

View details
12-Lane Bowling Alley
12-Lane Bowling Alley

2915 Broadway, Lorain, OH 44055

$677,777
3.88 AC lot

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

View details

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.

High-Traffic Corner Commercial Lot
High-Traffic Corner Commercial Lot

27693 Butternut Ridge Rd, North Olmsted, OH 44070

$69,900
0.21 AC lot

0.21-acre commercial lot at a signalized 5-way intersection.

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B-2A Commercial Corner Lot
B-2A Commercial Corner Lot

443 BROADWAY Avenue, Bedford, OH 44146

$48,000
0.18 AC lot

B-2A-zoned parcel with public utilities located at the street.

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General Business Commercial Land
General Business Commercial Land

1640 Cleveland Road, Sandusky, OH 44870

$998,000
4.71 AC lot

Flat General Business site with room for commercial development and parking.

View details

Off-Market Properties in Elyria, OH

Consider similar Off-Market properties in Elyria, 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.

656 Sugar Ln
RESTAURANT

656 Sugar Ln, Elyria, OH 44035-6310

Estimated value:
$55,000
1,536 sqft 0.62 AC lot
View details
42255 Butternut Rdg Rd
RESTAURANT

42255 Butternut Rdg Rd, Elyria, OH 44035-7433

Estimated value:
$255,000
10,365 sqft 2.87 AC lot
View details
503 Griswold Rd
DRIVE-THRU RESTAURANT, FAST FOOD

503 Griswold Rd, Elyria, OH 44035-2306

Estimated value:
$1,970,000
6,579 sqft 1.13 AC lot
View details
5223 Detroit Rd
RESTAURANT

5223 Detroit Rd, Sheffield Village, OH 44054-2902

Estimated value:
$315,000
5,893 sqft 2.44 AC lot
View details
801 Foster Ave
RESTAURANT

801 Foster Ave, Elyria, OH 44035-3332

Estimated value:
$70,000
1,920 sqft 0.33 AC lot
View details
2000 Midway Mall
RESTAURANT

2000 Midway Mall, Elyria, OH 44035-2472

Estimated value:
$295,000
5,115 sqft 1.48 AC lot
View details
4900 Transportation Dr
RESTAURANT

4900 Transportation Dr, Sheffield Village, OH 44054-2814

Estimated value:
$2,155,000
12,690 sqft 3.21 AC lot
View details
1001 Broad St
DRIVE-THRU RESTAURANT, FAST FOOD

1001 Broad St, Elyria, OH 44035-6303

Estimated value:
$1,550,000
3,069 sqft 0.93 AC lot
View details
2422 Rdg Rd
RESTAURANT

2422 Rdg Rd, Elyria, OH 44035-1325

Estimated value:
$270,000
2,132 sqft 1.44 AC lot
View details
528 Riv N Rd
RESTAURANT

528 Riv N Rd, Elyria, OH 44035-4956

Estimated value:
$110,000
588 sqft 0.46 AC lot
View details
1507 Grafton Rd
RESTAURANT

1507 Grafton Rd, Elyria, OH 44035-8107

Estimated value:
$260,000
2,280 sqft 0.82 AC lot
View details
6868 Lk Ave
RESTAURANT

6868 Lk Ave, Elyria, OH 44035-2150

Estimated value:
$255,000
1,056 sqft 0.45 AC lot
View details
827 Cleveland St
DRIVE-THRU RESTAURANT, FAST FOOD

827 Cleveland St, Elyria, OH 44035-4107

Estimated value:
$350,000
3,373 sqft 1.08 AC lot
View details
38315 Chestnut Rdg Rd
DRIVE-THRU RESTAURANT, FAST FOOD

38315 Chestnut Rdg Rd, Elyria, OH 44035-8644

Estimated value:
$390,000
2,380 sqft 1.20 AC lot
View details
5382 Abbe Rd
DRIVE-THRU RESTAURANT, FAST FOOD

5382 Abbe Rd, Sheffield Village, OH 44035-1448

Estimated value:
$2,560,000
4,632 sqft 1.32 AC lot
View details
105 Fairlawn Ave
RESTAURANT

105 Fairlawn Ave, Elyria, OH 44035-6111

Estimated value:
$260,000
3,180 sqft 0.21 AC lot
View details
515 Clark St
RESTAURANT

515 Clark St, Elyria, OH 44035-6109

Estimated value:
$260,000
2,240 sqft 0.13 AC lot
View details

Elyria, OH Restaurants Market Trends and Statistics

Explore 72 restaurants for sale in Elyria, OH, showcased through 7 active listings on our real estate platform. These investment opportunities span a total of 20,785 square feet of properties for sale, with an estimated market value of $47,945,012.

Sale prices for restaurant properties in Elyria, OH start at $435,000, averaging $9,589,002, and reaching up to $44,500,012 — 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

Conventional restaurants 9
Bars & Pubs 4

Demographics Overview

Population 110K
Population Growth (5Y) +3.5%
Median Household Income $69,523
College Educated 34.3%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
44035 $11.5M

Taxes & Financing

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Lorain County

New Delisted

Total CRE Inventory on Market (SF)

Property Size Breakdown

The majority of commercial real estate listings in Elyria fall within the 100,000+ square foot range.

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