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    Lorain, OH
    Restaurants

    Lorain, OH Restaurants for Sale

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    12-Lane Bowling Alley
    Updated: Jun 1
    12-Lane Bowling Alley

    2915 Broadway, Lorain, OH 44055

    $677,777
    3.88 AC lot
    12‑lane bowling alley with social bar and small kitchen
    17,567‑square‑foot solid brick building on 3.88 acres
    Dining area with full kitchen, meeting room, and social bar
    Lower‑level banquet room with kitchen and catering area
    Three state liquor licenses included
    View details
    Restaurant Business with Real Estate
    Updated: Jun 12
    Restaurant Business with Real Estate

    2812 W Erie Avenue, Lorain, OH 44053

    $350,000
    0.94 AC lot
    Restaurant business and underlying real estate included
    0.94‑acre site at 2812 W Erie Avenue, Lorain, OH 44053
    Operating from the current location since 1981
    1955 construction
    Parking lot with central air and forced‑air heating
    View details
    Pub Building With Rear Patio
    Pub Building With Rear Patio

    939 Broadway, Lorain, OH 44052

    $169,900
    0.15 AC lot

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

    View details
    See hot listings in Lorain

    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
    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 and Real Estate Opportunity
    Restaurant and Real Estate Opportunity

    2812 W Erie Ave, Lorain, OH 44053

    $350,000
    5,456 sqft

    Acquire an operating restaurant plus the underlying property at 2812 West Erie Ave, Lorain.

    View details
    Based on your search, we've compiled 78 Potential Opportunities for your consideration. Besides 5 Active listings in Lorain, OH, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 67 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.

    Freestanding Restaurant Building For Sale
    Freestanding Restaurant Building For Sale

    5274 Abbe Rd N, Sheffield Village, OH 44035

    $2,100,000
    4,914 sqft 1.44 AC lot

    4,914 SF restaurant on 1.44 AC lot in Sheffield Village.

    View details
    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.

    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
    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.

    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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    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 Lorain, OH

    Consider similar Off-Market properties in Lorain, 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.

    2812 Erie Ave
    RESTAURANT

    2812 Erie Ave, Lorain, OH 44053-1256

    Estimated value:
    $250,000
    2,728 sqft 0.80 AC lot
    View details
    713 5th St
    RESTAURANT

    713 5th St, Lorain, OH 44052-1619

    Estimated value:
    $455,000
    9,360 sqft 0.21 AC lot
    View details
    1408 Cooper Foster Park W Rd
    RESTAURANT

    1408 Cooper Foster Park W Rd, Lorain, OH 44053-3615

    Estimated value:
    $135,000
    2,173 sqft 0.70 AC lot
    View details
    4286 Oberlin Ave
    RESTAURANT

    4286 Oberlin Ave, Lorain, OH 44053-2925

    Estimated value:
    $260,000
    1,740 sqft 0.35 AC lot
    View details
    1515 Broadway
    RESTAURANT

    1515 Broadway, Lorain, OH 44052-3437

    Estimated value:
    $220,000
    2,052 sqft 0.47 AC lot
    View details
    1903 Oberlin Ave
    RESTAURANT

    1903 Oberlin Ave, Lorain, OH 44052-3959

    Estimated value:
    $95,000
    1,232 sqft 0.39 AC lot
    View details
    3490 Colorado Ave
    DRIVE-THRU RESTAURANT, FAST FOOD

    3490 Colorado Ave, Lorain, OH 44052-2818

    Estimated value:
    $1,490,000
    672 sqft 1.21 AC lot
    View details
    2910 21st St
    DRIVE-THRU RESTAURANT, FAST FOOD

    2910 21st St, Lorain, OH 44053-1112

    Estimated value:
    $35,000
    546 sqft 0.28 AC lot
    View details
    2430 28th St
    RESTAURANT

    2430 28th St, Lorain, OH 44055-2114

    Estimated value:
    $395,000
    6,360 sqft 0.28 AC lot
    View details
    1342 Colorado Ave
    RESTAURANT

    1342 Colorado Ave, Lorain, OH 44052-3322

    Estimated value:
    $265,000
    2,901 sqft 0.69 AC lot
    View details
    3964 Josephine St
    RESTAURANT

    3964 Josephine St, Lorain, OH 44052-5448

    Estimated value:
    $125,000
    7,617 sqft 6.42 AC lot
    View details
    3004 Broadway
    DRIVE-THRU RESTAURANT, FAST FOOD

    3004 Broadway, Lorain, OH 44055-1269

    Estimated value:
    $250,000
    1,760 sqft 0.16 AC lot
    View details
    3680 Pearl Ave
    RESTAURANT

    3680 Pearl Ave, Lorain, OH 44055-2510

    Estimated value:
    $70,000
    2,767 sqft 0.45 AC lot
    View details
    2511 21st St
    RESTAURANT

    2511 21st St, Lorain, OH 44053-1103

    Estimated value:
    $55,000
    1,800 sqft 0.49 AC lot
    View details
    1757 Oberlin Ave
    RESTAURANT

    1757 Oberlin Ave, Lorain, OH 44052-3955

    Estimated value:
    $95,000
    1,128 sqft 0.12 AC lot
    View details
    1755 Oberlin Ave
    RESTAURANT

    1755 Oberlin Ave, Lorain, OH 44052-3955

    Estimated value:
    $95,000
    1,927 sqft 0.13 AC lot
    View details
    939 Broadway
    RESTAURANT

    939 Broadway, Lorain, OH 44052-1949

    Estimated value:
    $95,000
    2,720 sqft 0.15 AC lot
    View details
    5520 Oberlin Ave
    RESTAURANT

    5520 Oberlin Ave, Lorain, OH 44053-3442

    Estimated value:
    $350,000
    2,440 sqft 1.10 AC lot
    View details
    4290 Oberlin Ave
    RESTAURANT

    4290 Oberlin Ave, Lorain, OH 44053-2925

    Estimated value:
    $205,000
    1,680 sqft 0.38 AC lot
    View details

    Lorain, OH Restaurants Market Trends and Statistics

    Explore 72 restaurants for sale in Lorain, OH, showcased through 5 active listings on our real estate platform. These investment opportunities span a total of 23,023 square feet of properties for sale, with an estimated market value of $2,225,454.

    Sale prices for restaurant properties in Lorain, OH start at $169,900, averaging $445,090, and reaching up to $677,777 — 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 6
    Bars & Pubs 3

    Demographics Overview

    Population 82K
    Population Growth (5Y) +2.8%
    Median Household Income $51,688
    College Educated 22.5%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    44052 $284.9K
    44053 $350K
    44055 $677.8K

    Taxes & Financing

    Tax Rate (average for all types) 6.83%
    Property Tax per SF $92.34 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Lorain County

    New Delisted

    Total CRE Inventory on Market (SF)

    How Realmo verifies these figures

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