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    Elyria, OH Restaurants for Sale

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    Found 12 restaurants for sale in Elyria, OH, averaging $192/sq ft. Use valuation data to compare deals faster.
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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
    View details
    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.
    View details
    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.

    View details
    See what stands out in Lorain County

    We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

    We check every listing here. A few are worth a second look.

    Cap Rate available after sign in
    NOI available after sign in
    Local Demand available after sign in
    Free-Standing Restaurant Building
    Free-Standing Restaurant Building

    1519 West River Rd North, Elyria, OH 44035

    Contact for pricing
    10,583 sqft 3.67 AC lot

    Vacant second-generation restaurant on a hard-corner intersection with substantial parking and two curb cuts for flexible use.

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    Restaurant Bakery Storefront
    Restaurant Bakery Storefront

    501 Lake Avenue, Elyria, OH 44035

    $164,000
    5,288 sqft

    Former bakery catering business operates out of the building and may be configured as two storefronts or one larger space.

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    Restaurant Building with Equipment
    Restaurant Building with Equipment

    42753 N Ridge Rd, Elyria, OH 44035

    Contact for pricing
    3,500 sqft 1.00 AC lot

    Restaurant building on an approximately one-acre lot with included equipment and updates including newer hot water heater.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Pizza Hut NNN Property
    Pizza Hut NNN Property

    1001 E Broad St, Elyria, OH 44035

    Contact for pricing
    2,987 sqft 0.90 AC lot

    Freestanding restaurant property subject to an absolute triple-net lease with scheduled annual escalations.

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    Equipped Restaurant Venue with Stage
    Equipped Restaurant Venue with Stage

    2000 Midway Mall, Elyria, OH 44035

    $515,000

    Large dining area and commercial kitchen support restaurant service and private events.

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    Restaurant with Outdoor Patio
    Restaurant with Outdoor Patio

    801 Foster Ave, Elyria, OH 44035

    Contact for pricing

    Corner restaurant property with indoor dining, customer parking, and a negotiable D-5 liquor license.

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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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    Turn-Key Bar/Lounge/Restaurant Opportunity
    Turn-Key Bar/Lounge/Restaurant Opportunity

    8741 W Ridge, Elyria, OH 44035

    $435,000
    2,652 sqft

    Stand-alone bar/lounge/restaurant ready for a new owner.

    View details
    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.

    View details
    Based on your search, we've compiled 78 Potential Opportunities for your consideration. Besides 12 Active listings in Elyria, OH, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 60 Off-Market properties to explore as potential leads, plus 2 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.

    View details
    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
    Corner Lot Restaurant with Apartment
    Corner Lot Restaurant with Apartment

    1700 E 31st St, Lorain, OH 44055

    $140,000
    1,464 sqft

    Retail restaurant with apartment and full basement on corner lot.

    View details
    Turnkey Banquet Hall and Barbershop
    Turnkey Banquet Hall and Barbershop

    4489 Oberlin Ave, Lorain, OH 44053

    Contact for pricing
    12,615 sqft

    Turnkey commercial property with banquet hall, catering, and barbershop.

    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.

    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
    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.

    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

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

    42255 Butternut Rdg Rd, Elyria, OH 44035-7433

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

    503 Griswold Rd, Elyria, OH 44035-2306

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

    5223 Detroit Rd, Sheffield Village, OH 44054-2902

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

    801 Foster Ave, Elyria, OH 44035-3332

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

    2000 Midway Mall, Elyria, OH 44035-2472

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

    4900 Transportation Dr, Sheffield Village, OH 44054-2814

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

    1001 Broad St, Elyria, OH 44035-6303

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

    2422 Rdg Rd, Elyria, OH 44035-1325

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

    528 Riv N Rd, Elyria, OH 44035-4956

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

    1507 Grafton Rd, Elyria, OH 44035-8107

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

    6868 Lk Ave, Elyria, OH 44035-2150

    $255,000
    Estimated value
    1,056 sqft 0.45 AC lot
    View details

    Elyria, OH Restaurants Market Trends and Statistics

    Explore 72 restaurants for sale in Elyria, OH, showcased through 12 active listings on our real estate platform. These investment opportunities span a total of 37,012 square feet of properties for sale, with an estimated market value of $49,059,012.

    Sale prices for restaurant properties in Elyria, OH start at $164,000, averaging $6,132,376, 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 12
    Bars & Pubs 7
    Breakfast & diners 1
    Commercial kitchens 1

    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 $7.7M

    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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